New ADB President Masatsugu Asakawa assumes office.

ISLAMABAD -- Masatsugu Asakawa assumed office as the 10th President of the Asian Development Bank (ADB) on Friday. "I am honored to assume the role of ADB President and to begin working in close cooperation with our 68 members. ADB has been a trusted partner of the region for more than half a century, supporting strong growth that has improved the lives of people across Asia and the Pacific', he said, 'I will strive to ensure ADB remains the preferred choice of its clients and partners," Mr Asakawa said. Mr Asakawa succeeds Mr Takehiko Nakao, who...