TOKYO — Japan's former top currency diplomat Masato Kanda, known for his heavy-handed intervention to combat sharp yen falls that earned him the nickname "Mr. Yen", was chosen to become next president of the Asian Development Bank (ADB), the bank said on Thursday.
In his new role that begins next year, Kanda will be tasked to navigate the ADB through fresh challenges such as helping Asia reduce poverty and mitigate risks from climate change.
