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Mr. Haruhiko Kuroda is the President of ADB and the Chairperson of ADB’s Board of Directors. Mr. Kuroda was first elected in November 2004, and was subsequently reelected for a full five-year term beginning November 2006. He has been reelected by ADB’s Board of Governors for a further five years beginning November 2011.
Under his stewardship, ADB adopted a new long-term strategy charting the Bank’s strategic course to the year 2020, refocusing ADB’s operational agenda on inclusive economic growth, environmentally sustainable growth and regional cooperation and integration.
During Mr. Kuroda’s tenure, ADB has tripled its capital base from $55 billion to $165 billion, and significantly bolstered its concessional lending window, Asian Development Fund, enabling ADB to push forward on mainstreaming climate change and strengthening support to countries in fragile and conflict-affected situations, among others.
Before joining ADB, Mr. Kuroda was Special Advisor to the Cabinet of Japanese Prime Minister Junichiro Koizumi and a professor at the Graduate School of Economics at Hitotsubashi University in Tokyo.
In a career spanning nearly four decades, Mr. Kuroda has represented Japan’s Ministry of Finance at a number of international monetary conferences as Vice Minister of Finance for International Affairs.
Born in 1944, Mr. Kuroda holds a BA in Law from the University of Tokyo and a Master of Philosophy in Economics from the University of Oxford.
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