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ADB President Tarumizu Resigns

July 1, 1993

MANILA, Philippines (AP) _ Asian Development Bank President Kimimasa Tarumizu announced today that he was resigning his post in November, citing health reasons.

No other details were available.

John Sipper, a bank spokesman, said Tarumizu’s successor would be named by Nov. 24, when Tarumizu’s resignation takes effect.

Tarumizu had been president of the bank for four years. The United States is one of more than 50 members of the Manila-based development agency.