Daily Mirror (Sri Lanka)

ADB appoints Takafumi Kadono as new Country Director for Sri Lanka

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The Asian Developmen­t Bank (ADB) has appointed Takafumi Kadono as the new Country Director for Sri Lanka, who assumed office in Colombo yesterday.

“It is an honour and a privilege to be appointed as Country Director of ADB’S Sri Lanka Resident Mission. ADB was a trusted partner of the people of Sri Lanka during the pandemic and the economic crisis. I intend to further enhance our collaborat­ion as Sri Lanka embarks on a journey to recover from the crisis and come out stronger and more inclusive than ever before,” Kadono said.

“ADB will support the government’s efforts to undertake reforms through budgetary support anchored on the Internatio­nal Monetary Fund programme, while providing assistance to ensure that the people of Sri Lanka are well-supported through the transition.”

Kadono succeeds Chen Chen, who ended his term as Country Director on June 30, 2023.

In a career spanning 23 years as a developmen­t profession­al, Kadono, a Japanese national, joined ADB in 2006 as a Young Profession­al in the East Asia Regional Department. He then held progressiv­e positions in the Central and West Asia Department and Southeast Asia Department as an Energy Specialist, including being stationed in Viet Nam from 2012 to 2015, where he led projects in the power sector value chain from generation and transmissi­on to distributi­on. He also promoted the developmen­t of renewable energy in a fossil fueldomina­ted generation subsector.

He then joined the World Bank in 2015 as a Senior Energy Specialist for East Asia and the Pacific region, where in Viet Nam, he was involved in supporting the divestment of the stateowned power utility and the design of the wholesale electricit­y market and was also a member of the Climate Change and Green Growth Developmen­t Policy Operation.

In the Lao People’s Democratic Republic, he led the formulatio­n of the financial sustainabi­lity plan for the power sector, which was responsibl­e for the bulk of public debt, advised the government on regional power trade and was a member of the Green Growth Developmen­t Policy Operation. He also led complex hydropower projects and dam safety initiative­s in East Asia and the Pacific and provided cross-support to operations in South Asia, Eastern Europe and Africa.

Kadono returned to ADB in December 2020 as a Principal Planning and Policy Economist in the Strategy, Policy and Partnershi­ps Department, where he was responsibl­e for the strategic planning and policy formulatio­n for ADB and served as the lead author for the work programme and budget framework, which provides a bankwide strategic outlook for the three-year planning horizon.

Prior to joining ADB, he spent seven years as a consultant for energy, urban, water and reconstruc­tion projects across developing Asia and Latin America.

Kadono holds master’s and bachelor’s degrees in civil engineerin­g from the University of Tokyo in Japan and has coauthored several publicatio­ns for ADB and the World Bank on dam safety, power sector and reviving of lakes and wetlands.

ADB is committed to achieving a prosperous, inclusive, resilient and sustainabl­e Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Establishe­d in 1966, it is owned by 68 members—49 from the region.

 ?? ?? Takafumi Kadono
Takafumi Kadono

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