Asian Development Bank chief Haruhiko Kuroda stepped down

Asian Development Bank chief Haruhiko Kuroda stepped down.

The President of Asian Development Bank (ADB) Haruhiko Kuroda on March 18, 2013 stepped down after eight years of service and will soon takeover as Bank of Japan Governor.

Haruhiko KurodaKuroda, who is ADB’s longest serving president, has led ADB’s growth with its operations tripling from $7.4 billion in 2005 to $21.57 billion in 2012.

He oversaw ADB’s first general capital increase in 14 years (capital base tripled to $165 billion), and two replenishments of the Asian Development Fund, which raised over $23 billion to help meet the needs of ADB’s poorest member countries, the statement said.

One thought on “Asian Development Bank chief Haruhiko Kuroda stepped down

  1. Now who will be headed as president of ADB ?

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