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.
Iran’s Foreign Minister Abbas Araghchi has stressed the need to expand comprehensive relations between Tehran and Baku, describing his visit to Azer...
Israeli media report that Israeli Prime Minister Benjamin Netanyahu chaired a lengthy security meeting that reportedly focused on the country’s regi...
Israel’s minister for diaspora affairs, Amichai Chikli, has called on Israel to “cut ties” with Türkiye, describing the country as an “enemy ...
Iran’s leadership is facing its most acute challenge in years as violent unrest driven by economic hardship coincides with renewed military warnings...
At the end of last year, U.S. President Donald Trump was reported to have raised the Azerbaijan–Armenia peace agenda during a conversation with Isra...
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.
Turkish President Recep Tayyip Erdoğan has warned that the Russia-Ukraine war is now threatening trade in the Black Sea.
Teenagers as young as 14 and 15 years old were among those who died in the bar fire on New Year's Eve that killed 40 people in Switzerland, police said on Sunday.
North Korea fired a ballistic missile into the East Sea, according to South Korea and Japan, as regional diplomacy and security concerns remain in focus.
The UN Security Council will hold an emergency meeting Monday to discuss the U.S. operation in Venezuela.
Denmark’s Prime Minister Mette Frederiksen has urged U.S. President Donald Trump to abandon comments suggesting the United States should take over Greenland, calling the idea baseless and unacceptable.
Israeli media report that Israeli Prime Minister Benjamin Netanyahu chaired a lengthy security meeting that reportedly focused on the country’s regional threats, including Gaza, Lebanon, and Iran.
Venezuela’s acting president, Delcy Rodríguez, has called for dialogue and cooperation with the United States following the U.S. military capture of President Nicolás Maduro, as protests erupted in several countries condemning Washington’s actions.
Türkiye has renewed its push to rejoin the U.S.-led F-35 fighter jet programme, with President Recep Tayyip Erdoğan arguing that reinstatement is essential not only for relations with Washington but also for NATO’s collective security.
Dmitry Medvedev has warned that Ukrainian President Volodymyr Zelenskyy could face the same fate as Venezuelan leader Nicolás Maduro, following what he described as a U.S. ‘abduction’ of the Venezuelan president.
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