Takeshi Watanabe (bureaucrat)
Encyclopedia
was a Japanese bureaucrat
and the first President of the Asian Development Bank
(ADB).
Watanabe was considered to be the “father” of ADB, as it was under his leadership that many of ADB’s policies and targets were established, the first bond was issued in the Federal Republic of Germany in 1969, and in September 1972, donors agreed to set up ADB’s multilateral source of concessional lending, the Asian Development Fund. He served as President of ADB from its inception in 1966 to 1972.
After resigning from ADB, Watanabe took on a number of roles including advisor to the Bank of Tokyo, President of the Japan Credit Rating Agency
(JCRA), and honorary chairman of Japan Silver Volunteers Inc. He was also the first Japanese chairman of the Trilateral Commission
. His book of memoirs of ADB “Towards a New Asia” was published in 1973.
Watanabe Takeshi died in Tokyo on Monday 23 August 2010, at the age of 104.
Bureaucrat
A bureaucrat is a member of a bureaucracy and can comprise the administration of any organization of any size, though the term usually connotes someone within an institution of a government or corporation...
and the first President of the Asian Development Bank
Asian Development Bank
The Asian Development Bank is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia...
(ADB).
Watanabe was considered to be the “father” of ADB, as it was under his leadership that many of ADB’s policies and targets were established, the first bond was issued in the Federal Republic of Germany in 1969, and in September 1972, donors agreed to set up ADB’s multilateral source of concessional lending, the Asian Development Fund. He served as President of ADB from its inception in 1966 to 1972.
After resigning from ADB, Watanabe took on a number of roles including advisor to the Bank of Tokyo, President of the Japan Credit Rating Agency
Credit rating agency
A Credit rating agency is a company that assigns credit ratings for issuers of certain types of debt obligations as well as the debt instruments themselves...
(JCRA), and honorary chairman of Japan Silver Volunteers Inc. He was also the first Japanese chairman of the Trilateral Commission
Trilateral Commission
The Trilateral Commission is a non-governmental, non-partisan discussion group founded by David Rockefeller in July 1973 to foster closer cooperation among the United States, Europe and Japan.-History:...
. His book of memoirs of ADB “Towards a New Asia” was published in 1973.
Watanabe Takeshi died in Tokyo on Monday 23 August 2010, at the age of 104.