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.
Iraq's attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighbouring Iran has failed under U.S. pressure, leaving ...
South African Trade Minister Parks Tau has met U.S. Trade Representative Jamieson Greer for talks, Tau's office said on Friday, as Africa's biggest ec...
North Korean leader Kim Jong Un oversaw the testing of unmanned drones on Thursday and ordered their capabilities be strengthened through artificial i...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 19th of September, covering the latest developments you need t...
Canadian Prime Minister Mark Carney said Thursday that the U.S., Canada and Mexico complement each other, as the three countries prepare to review a t...
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.
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.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
South African Trade Minister Parks Tau has met U.S. Trade Representative Jamieson Greer for talks, Tau's office said on Friday, as Africa's biggest economy tries to reach a deal to roll back steep U.S. tariffs.
North Korean leader Kim Jong Un oversaw the testing of unmanned drones on Thursday and ordered their capabilities be strengthened through artificial intelligence (AI), state media KCNA said on Friday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 19th of September, covering the latest developments you need to know.
Canadian Prime Minister Mark Carney said Thursday that the U.S., Canada and Mexico complement each other, as the three countries prepare to review a trilateral trade pact.
Suspected fragments of a missile believed to have been used to shoot down a drone may have been found in the eastern Lublin region, Polish military police said, more than a week after Poland, backed by NATO jets, shot down Russian drones in its airspace.
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