was a Japanese
bureaucrat
A bureaucrat is a member of a bureaucracy and can compose the administration of any organization of any size, although the term usually connotes someone within an institution of government.
The term ''bureaucrat'' derives from "bureaucracy", ...
and the first President of the
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field office ...
(ADB). He was in office from 24 November 1966 to 24 November 1972.
[
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
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between ...
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
was a Japanese foreign exchange market, foreign exchange bank that operated from 1946 to 1996. In January 1996, it merged with Mitsubishi Bank to form The Bank of Tokyo-Mitsubishi (now MUFG Bank). Its headquarters was in the Nihonbashi district o ...
, President of the Japan Credit Rating Agency
The Japan Credit Rating Agency (JCR), established in 1985, is a Japanese financial services company which publishes credit ratings to Japanese companies, local governments, and other interested parties. The company is one of the Japanese credit r ...
(JCRA), and honorary chairman of Japan Silver Volunteers Inc. He was also the first Japanese chairman of the Trilateral Commission
The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973 principally by American banker and philanthropist David ...
. 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.
References
1906 births
2010 deaths
Japanese centenarians
Men centenarians
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