Manila: Asian Development Bank (ADB) President Masatsugu Asakawa informed the ADB’s board members, management, and staff on Monday about his intention to resign as President on February 23, 2025. Asakawa has served as ADB’s 10th President since January 17, 2020, Xinhua news agency reported. “After careful consideration and reflection, I believe it is time to step aside and make way for new leadership with a fresh perspective and renewed energy,” he said in a statement. “By announcing my resignation now, I aim to ensure a smooth and orderly transition leadership,” he added. “A key focus of my leadership has been climate change. Together, we boldly repositioned ADB as the Climate Bank for Asi
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