evidence: Masatsugu Asakawa is the President of the Asian Development Bank (ADB) and the Chairperson of ADB’s Board of Directors. He was elected President by ADB’s Board of Governors and assumed office on 17 January 2020. In August 2021, he was reelected for a 5-year term starting on 24 November 2021. [...] The Asian Development Bank’s (ADB) Board of Governors elects the bank’s President. In electing a President, Article 34 of the ADB Charter requires a majority of the total number of Governors, which must represent a majority of the total voting power of ADB members. The election of ADB’s President has two stages: nomination and election. The Chair of the Board of Governors approves the schedule of the Presidential election procedure, and the Board of Directors endorses the conduct of the election in accordance with Section 3 of the By-Laws.