Philippines, April 22 -- Asian Development Bank (ADB) President Masato Kanda today announced his intention to stand for reelection as President after his current term ends on 23 November 2026. ADB Presidents are nominated from ADB's regional members for a 5-year term and elected by the ADB Board of Governors. Mr. Kanda was elected as President by the Board of Governors on 28 November 2024 and assumed office on 24 February 2025, to serve the remaining term of his predecessor, Mr. Masatsugu Asakawa.Under Mr. Kanda's leadership,?ADB delivered at an unprecedented scale in 2025, committing?$29.3 billion of support from?its?own resources-20% more than in 2024-with partners contributing $14.7 billion for a total of $44 billion of development finan...