Japan nominates ex-currency diplomat Kanda to head ADB

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Japan nominates ex-currency diplomat Kanda to head ADB
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Japan nominates ex-currency diplomat Kanda to head ADB

TOKYO - Japan will nominate Masato Kanda, the country's former top currency diplomat, as its candidate to become next head of the Asian Development Bank , Finance Minister Shunichi Suzuki said on Tuesday.

Since the ADB was founded in 1966, its top post has always been held by a person from Japan, which, along with the United States, is the bank's biggest shareholder, making Kanda a strong candidate to take up the post.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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