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.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, ...
Iran has rejected as “irrelevant” a UN nuclear watchdog resolution referring its nuclear file to the UN Security Council, arguing that ...
Georgia’s busiest sea gateway has reached its capacity limit, adding urgency to plans for a major expansion of Poti port as the country seeks...
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Eight Muslim-majority countries have launched a joint push for wider international action against trade linked to Israeli settlements, seeking to build momentum from new measures announced by the UK and other Western governments.
Saudi Arabia is facing a problem that goes beyond the latest Houthi attacks on its southern oil facilities. The kingdom is now dealing with pressure on energy exports at the Strait of Hormuz to the east and the Red Sea route to the west.
Two Azerbaijani sailors were killed on Wednesday when a foreign cargo ship they were travelling on was attacked by drones in the Black Sea, Baku's Foreign Ministry has said.
Iceland’s government plans to introduce legislation in February to permanently ban commercial whaling, potentially leaving Norway and Japan as the world’s only countries still allowing the practice.
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