ADB President announces intent of resignation

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ISLAMABAD, Sep 18 (APP):Takehiko Nakao on Wednesday announced his resignation as the President of
Asian Development Bank (ADB), effective from 16 January 2020.

He assumed office as President on April 28, 2013, said an ADB statement received here, adding the election for the new president would be in accordance with the open, transparent and merit-based procedure.