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ADB President Masato Kanda met with World Bank President Ajay Banga during the 2025 Spring Meetings in Washington, D.C., to discuss deepening collaboration between their institutions, focusing on job creation and private capital mobilization. The meeting highlighted the recent signing of the Full Mutual Reliance Framework (FMRF), a pioneering agreement between the ADB and World Bank to enhance partnership efficiency and address the growing aid fragmentation in developing countries.

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From 2020 to 2025, President Masatsugu Asakawa guided ADB through challenging times with transformative leadership that has left an indelible mark on the organization and region. As ADB looks to the future, his legacy sets the foundation for a prosperous, resilient, inclusive, and sustainable Asia and the Pacific.

From 2020 to 2025, President Masatsugu Asakawa guided ADB through challenging times with transformative leadership that has left an indelible mark on the organization and region. As ADB looks to the future, his legacy sets the foundation for a prosperous, resilient, inclusive, and sustainable Asia and the Pacific.

President Masatsugu Asakawa visits Selex Smart Electric Vehicles Joint Stock Company.

During his first mission to Viet Nam as ADB President from 12 to 14 March, President Masatsugu Asakawa met with Viet Nam Prime Minister Pham Minh Chinh, National Assembly Deputy Chairman Nguyen Duc Hai, and other senior government officials including Governor of the State Bank of Viet Nam and ADB Governor Nguyen Thi Hong, Minister of Planning and Investment Nguyen Chi Dung, and Minister of Finance Ho Duc Phoc to discuss priorities and ADB’s ongoing and future support to the country, including in climate change, the Viet Nam Just Energy Transition Partnership, and private sector development.

President Asakawa and Prime Minister Chinh on 13 March led the celebration of 30 years of Viet Nam - ADB partnership. The President also met with VRM staff, visited the Selex Smart Electric Vehicles Joint Stock Company, which is supported by ADB Ventures, and the Ha Noi College of Electro Mechanics Main campus funded under the Skills and Knowledge for Inclusive Economic Growth Project, which aims to upgrade the teaching and learning environments of national technical and vocational training institutes. A roundtable interaction of President Asakawa with senior representatives of the private sector was also held.

23 May - Queen Máxima of the Netherlands visited the ADB headquarters and exchanged views with ADB President Masatsugu Asakawa on how to advance financial inclusion in Asia and the Pacific and the role ADB can play.
The President appreciated Queen Máxima’s longstanding advocacy for financial inclusion and underscored the importance of enhancing financial access and usage to improve livelihoods, boost resilience, and eradicate poverty.

23 May - Queen Máxima of the Netherlands visited the ADB headquarters and exchanged views with ADB President Masatsugu Asakawa on how to advance financial inclusion in Asia and the Pacific and the role ADB can play.
The President appreciated Queen Máxima’s longstanding advocacy for financial inclusion and underscored the importance of enhancing financial access and usage to improve livelihoods, boost resilience, and eradicate poverty.

23 May - Queen Máxima of the Netherlands visited the ADB headquarters and exchanged views with ADB President Masatsugu Asakawa on how to advance financial inclusion in Asia and the Pacific and the role ADB can play.
The President appreciated Queen Máxima’s longstanding advocacy for financial inclusion and underscored the importance of enhancing financial access and usage to improve livelihoods, boost resilience, and eradicate poverty.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

5 May 2024 – Scenes from the Governor’s Business Session of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

ADB President Masatsugu Asakawa (second from right) thanked Republic of Korea Deputy Prime Minister and ADB Governor Choi Sang Mok (second from left) for the country’s $3 million funding pledge to the Central Asia Regional Economic Cooperation (CAREC) Climate and Sustainability Project Preparatory Fund as a founding member. The CAREC climate fund will help to address the financing gaps in achieving climate change goals through the preparation of bankable and climate-resilient regional projects for CAREC countries. The signing ceremony was held at on the sidelines of the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

4 May 2024 – Scenes from the Governors' Plenary event held on the theme “From Billions to Trillions – Promoting Private Sector Development for Climate Change” during the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

4 May 2024 – Scenes from the Governors' Plenary event held on the theme “From Billions to Trillions – Promoting Private Sector Development for Climate Change” during the 57th Annual Meeting of the ADB Board of Governors in Tbilisi, Georgia.

The meeting is an opportunity for ADB shareholding governments to provide guidance to management and staff on administrative, financial, and operational issues. Over the years, ADB Annual Meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.