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    • Asian Development Bank

    ADB at 50: Nakao on reform, re-election and revitalizing Asia-Pacific

    As the 49th annual meeting of the Asian Development Bank kicks off in Frankfurt today, Devex caught up with bank president Takehiko Nakao in an exclusive interview to discuss his plans for the future of the Manila-based institution, his re-election bid, and ongoing reforms at the institution.

    By Lean Alfred Santos // 02 May 2016

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    When Takehiko Nakao delivers his opening address in Frankfurt, Germany, today, it will be his fourth annual meeting as president of the Asian Development Bank — despite having barely three years in the role.

    The first time around, Nakao presided over 2013’s gathering after just a day on the job, the bank chief recalled, in an exclusive interview with Devex. “I came to Manila one day before the first annual meeting in Delhi,” he said.

    This type of urgency — and many others — have characterized his time at the bank, where he has driven a pressing need for reform. From day one, he said, “I focused on how ADB can operate closer to the ground and how we can strengthen the operations by looking at the procedures.”

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    Read more stories on ADB:

    ► ADB leads push for requirements-based safeguards

    ► Nakao's 'innovative' approach to 'do more' for Asia-Pacific

    ► Could ADB ignite a knowledge revolution with open data?

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    About the author

    • Lean Alfred Santos

      Lean Alfred Santos@DevexLeanAS

      Lean Alfred Santos is a former Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. He previously covered Philippine and international business and economic news, sports and politics.

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