Masato Kanda officially assumed office as the 11th president of the Asian Development Bank (ADB) on Monday, succeeding Masatsugu Asakawa, China Daily reports. Kanda, formerly Japan's vice-minister of finance for international affairs, brings nearly 40 years of expertise in international finance and market stability.
"I am deeply honored to take on the role of ADB President at this important moment for our region," Kanda said. "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."
Expressing his commitment to ADB’s mission, Kanda emphasized promoting sustainable, inclusive, and resilient growth. ADB Board Chair Fabio Panetta praised his leadership and experience in addressing financial challenges.
Founded in 1966 and headquartered in Manila, ADB supports economic development across Asia and the Pacific, with 69 member countries.
A bipartisan group of U.S. House of Representatives lawmakers will travel to China later this month, marking the first congressional delegation visit ...
U.S. Secretary of Defense Pete Hegseth met Singapore’s Defence Minister Chan Chun Sing on Tuesday to discuss military cooperation and security in th...
Ecuadorian authorities have seized more than $313 million in real estate assets from the armed group Comandos de la Frontera, or 'Border Command,' in ...
The 80th session of the United Nations General Assembly opened on Tuesday, with incoming President Annalena Baerbock calling on member states to unite...
U.S. President Donald Trump said on Tuesday that the United States and India are continuing negotiations to address trade barriers between the two cou...
The Asian Development Bank (ADB) has launched its new Country Partnership Strategy (CPS) for Azerbaijan for 2025–2029, centred on two key pillars: enabling a green and diversified economy, and fostering low-carbon connectivity and inclusive development.
The Asian Development Bank will grant nearly $1 million to upgrade Kyrgyzstan’s energy data system, with more large-scale energy investments in the pipeline.
Tajikistan and the Asian Development Bank are strengthening their long-standing partnership through new initiatives in climate resilience and economic development.
President of Kyrgyzstan Sadyr Japarov has signed a law ratifying the 2025 Financing Framework Agreement with the Asian Development Bank (ADB), paving the way for nearly $222 million in funding for national development projects.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
A bipartisan group of U.S. House of Representatives lawmakers will travel to China later this month, marking the first congressional delegation visit since 2019, according to NBC News.
U.S. Secretary of Defense Pete Hegseth met Singapore’s Defence Minister Chan Chun Sing on Tuesday to discuss military cooperation and security in the Asia-Pacific region.
Ecuadorian authorities have seized more than $313 million in real estate assets from the armed group Comandos de la Frontera, or 'Border Command,' in a large-scale police operation, the Interior Ministry said on Tuesday.
The 80th session of the United Nations General Assembly opened on Tuesday, with incoming President Annalena Baerbock calling on member states to unite and act in response to global crises.
U.S. President Donald Trump said on Tuesday that the United States and India are continuing negotiations to address trade barriers between the two countries.
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