Takehiko Nakao

Takehiko Nakao

Chairman, Center for International Economy and Strategy; Former President, Asian Development Bank (ADB)

Mr. Takehiko Nakao is Chairman of the Center for International Economy and Strategy. He is also an executive board member (external) of the Daiichi Life Insurance, Ltd. Concurrently, he teaches as Visiting Professor at the National Graduate Institute for Policy Studies (GRIPS) and Graduate School of Public Policy, the University of Tokyo. He is a member of the Trilateral Commission, Board of Governors of Asian Institute of Management (Manila), the Japan Corporate Governance Network, and several other international and Japanese non-profit organizations. Before assuming his current position on August 1, 2024, he was Chairman of the Institute at Mizuho Research & Technologies, Ltd. From April 2013 to January 2020, Mr. Nakao served as President of the Asian Development Bank (ADB), which is based in Manila with membership of 68 countries including 46 regional developing countries. Mr. Nakao was the Vice Minister of Finance for International Affairs between 2011 and 2013, and in charge of foreign exchange markets, G20 and G7 processes, ASEAN+3 financial cooperation, and bilateral financial relations with the US, Asian, and others. Mr. Nakao has gained extensive experience in international finance, budget, tax policy, and financial market since he joined the Ministry of Finance in 1978. He was assigned as Minister at the Embassy of Japan in Washington D.C. between 2005 and 2007, and worked as advisor at IMF’s Policy Development and Review Department between 1994 and 1997. He has published books and numerous papers on financial and economic issues both in Japanese and English. His memoir The Rise of Asia: Perspectives and Beyond covering his ADB days as well as those of Vice Minister was published by ADB in July 2022 (available on ADB HP). He also took an initiative and was a lead editor for Asia’s Journey to Prosperity: Policy, Market, and Technology over 50 Years, published by ADB in January 2020 (available on ADB HP). Mr. Nakao holds a BA degree in Economics from the University of Tokyo (1978) and a Master of Business Administration from the University of California-Berkeley (1982).