Japan to back ex-FX tsar Kanda as Asian Development Bank chief, Yomiuri reports

TOKYO (Reuters) – Japan is set to back the former top financial diplomat Masato Kanda as a candidate for the next president of the Asian Development Bank (ADB), the Yomiuri newspaper reported on Monday.

Masatsugu Asakawa, the current president of the Manila-based ADB since 2020 and also previously the top Japanese financial diplomat, plans to step down, the Yomiuri said.

(Reporting by Kantaro Komiya; Editing by Christian Schmollinger)

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