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TOKYO (Reuters) – Japan will nominate Masato Kanda, the country's former chief financial officer, as a candidate for the post of head of the Asian Development Bank (ADB), Finance Minister Shunichi Suzuki said on Tuesday.
Since the ADB was established in 1966, its top position has always been held by a Japanese person, it and America, which is the biggest shareholder in this bank, making Kanda a strong person to take this position.
