The Asian Development Bank released news on September 1 that in the recently concluded election, Masato Kanda, the current president of the Asian Development Bank, received unanimous vote from ADB Council members to be re-elected as ADB President. Its new term of office is 5 years and will take effect on November 24, 2026. Masato Kanda was first elected as ADB's 11th President on November 27, 2024, and officially took office on February 24, 2025, succeeding former Governor Asakawa Masatsugu to complete the remainder of his term.

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