Which of the following statements about Masato Kanda’s election as the 11th President of ADB is correct?

Statements:

  1. Masato Kanda will assume office on February 24, 2025, replacing Masatsugu Asakawa.
  2. Japan and the United States are the largest shareholders of ADB, with an equity share of 15.6% each.
  3. Masato Kanda will serve a full five-year term as ADB President starting in February 2025.

1
Only 1 and 2 are correct
2
Only 2 and 3 are correct
3
Only 1 and 3 are correct
4
All statements are correct
5
None of the statements are correct

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