Mr. Takehiko Nakao is currently an Adviser at Sumitomo Corporation and Chairman of the Center for International Economy and Strategy.
He also serves as an external Executive Board Member at Daiichi Life Insurance Company, Ltd.
Concurrently, he teaches as a Visiting Professor at both the National Graduate Institute for Policy Studies (GRIPS) and the Graduate School of Public Policy at the University of Tokyo.
He is a member of the Trilateral Commission, the Board of Governors of the Asian Institute of Management (Manila), the Japan Corporate Governance Network, and several other international and Japanese non-profit organizations.
Prior to assuming his current roles on August 1, 2024, Mr. Nakao was Chairman of the Institute at Mizuho Research & Technologies, Ltd. From April 2013 to January 2020, he served as President of the Asian Development Bank (ADB), headquartered in Manila, representing 69 member countries, including 46 developing countries from the region.
From 2011 to 2013, Mr. Nakao served as Vice Minister of Finance for International Affairs, overseeing foreign exchange markets, the G20 and G7 processes, ASEAN+3 financial cooperation, and bilateral financial relations with the United States, Asian countries, and others.
Since joining Japan’s Ministry of Finance in 1978, Mr. Nakao has built extensive expertise in international finance, budgeting, tax policy, and financial markets. He served as Minister at the Embassy of Japan in Washington, D.C. from 2005 to 2007, and as Advisor at the IMF’s Policy Development and Review Department from 1994 to 1997.
He has authored several books and numerous papers on financial and economic issues in both Japanese and English.
His memoir, The Rise of Asia: Perspectives and Beyond, covering his time at ADB and as Vice Minister, was published by ADB in July 2022 (available on the ADB website). He also initiated and served as lead editor of Asia’s Journey to Prosperity: Policy, Market, and Technology over 50 Years, published by ADB in January 2020 (also available on the ADB website).
Mr. Nakao holds a BA in Economics from the University of Tokyo (1978) and an MBA from the University of California, Berkeley (1982).