BAKU, Azerbaijan, February 24. Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) today, Trend reports via the ADB.
“I am deeply honored to take on the role of ADB President at this important moment for our region. With the trust of our 69 members and strong support of our dedicated staff, I am committed to advancing ADB’s mission to promote sustainable, inclusive, and resilient growth. Together, we will respond to pressing development challenges, ensuring that ADB remains the partner of choice for the region," said Kanda.
Kanda succeeds Masatsugu Asakawa, continuing a legacy of excellence and innovation.
ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—49 from the region.
