Directory of Economic, Commodity and Development Organizations - table of contents ASIAN DEVELOPMENT BANK (AsDB)HEADQUARTERS
6 ADB Avenue Postal Add: P.O. Box 789
Mandaluyong City 0980 Manila
0401 Metro Manila Telephone: [63](2)632-4444
Philippines Facsimile: [63](2)636-2444
E-Mail: information@adb.org
Internet: www.adb.org
LANGUAGE: EnglishESTABLISHMENT AND FUNCTIONSThe Asian Development Bank (AsDB) was established pursuant to a resolution on Asian economic cooperation adopted at the First Ministerial Conference on Asian Economic Cooperation held in December 1963 and to Resolution 62 (XXI) on the Asian Development Bank adopted by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), formerly the United Nations Economic Commission for Asia and the Far East (ECAFE), in 1965. The Second Ministerial Conference on Asian Economic Development held in Manila, November 29-December 2, 1965, adopted and opened for signature the Agreement Establishing the Asian Development Bank. The Agreement entered into force on August 22, 1966. The inaugural meeting of the Board of Governors was held in Tokyo, November 24-26, 1966. The Bank opened for business on December 19, 1966 and commenced lending operations in 1968. In 2000, AsDB set its long-term strategic framework for 2001-2015 to help realize AsDB's vision: an Asia and Pacific region free of poverty. Its mission is to help its developing member countries (DMCs) reduce poverty and improve their living conditions and quality of life. AsDB pursues a strategic agenda-pro-poor, sustainable economic growth, inclusive social development, and governance for effective policies and institutions-with three crosscutting themes: private sector development, regional cooperation and integration for development, and environmental sustainability. AsDB's main instruments in providing help to its DMCs are policy dialogues, loans, technical assistance, grants, guarantees, and equity investments. FINANCIAL RESOURCESAsDB offers a range of modalities and terms for loans, aimed at improving development performance. About 70% of AsDB's cumulative lending come from its ordinary capital resources. These come from three distinct sources: private placements and capital markets in the form of borrowings; paid-in capital provided by shareholders; and accumulated retained income (reserves), which provide a buffer for risks arising from operations. AsDB also provides loans from its Special Funds resources. The Asian Development Fund (ADF) is a special window for loans on concessional terms to members with low per capita gross national product and weak debt-repayment capacity. The ADF is financed by periodic voluntary contributions from donors. Other Special Funds are the Technical Assistance Special Fund, Japan Special Fund, and AsDB Institute Special Fund. TRUST FUNDSIn addition, AsDB manages and administers other funds: Japan Scholarship Program, Japan Fund for Poverty Reduction, Japan Fund for Information and Communication Technology, and channel financing of grants provided by bilateral donors to support technical assistance and soft components of loans. In recent years, thematic trust funds-focusing on governance, poverty reduction, water, energy, and environment-were established to support technical assistance operations and selected components of loan projects. COMPOSITION44 regional members: Islamic State of Afghanistan, Australia, Azerbaijan, Bangladesh, Bhutan, Cambodia, People's Republic of China, Cook Islands, Fiji, Hong Kong, China, India, Indonesia, Japan, Kazakhstan, Kiribati, Korea, Kyrgyz Republic, Lao People's Democratic Republic, Malaysia, Maldives, Marshall Islands, Federated States of Micronesia, Mongolia, Myanmar, Nauru, Nepal, New Zealand, Pakistan, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Sri Lanka, Taipei, China, Tajikistan, Thailand, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Vietnam 17 non-regional members: Austria, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States STRUCTUREBoard of Governors. AsDB's highest policy-making body is its Board of Governors, which meets annually. Each member is represented on the Board of Governors by a Governor and an Alternate Governor.
Chairperson: ... Jin-Pyo Kim
Vice-Chairpersons: ... Brenson S. Wase
... Maria Manuela Dias Ferreira Leite
The Board of Directors is composed of 12 Directors, elected by the Governors. Eight Directors represent the regional members and four represent the non-regional members. Directors serve for a two-year term and are eligible for re-election. Each Director appoints an Alternate. The President is the Chairman of the Board of Directors.
Board of Directors (as of September 26, 2003)
Director Alternate Members Represented
Jusuf Anwar Richard Stanley Cook Islands, Fiji, Indonesia,
Kyrgyz Republic, New Zealand,
Samoa, Tonga
Rolf Eckermann Marcus Heinz Austria, Germany, Turkey,
United Kingdom
Ju Kuilin Yang Shaolin People's Republic of China
Dante Canlas M. Akram Malik Kazakhstan, Maldives, Marshall
Islands, Mongolia, Pakistan,
Philippines
P.G. Mankad M. Saiful Islam Bangladesh; Bhutan; India; Lao People's
Democratic Republic; Tajikistan
Michele Miari Fulcis Pascal Gregoire Belgium, France, Italy, Spain,
Switzerland
Chaiyuth Sudthitanakorn Sein Tin Malaysia, Myanmar, Nepal,
Singapore, Thailand
Emile Gauvreau Tryggve Gjesdal Canada, Denmark, Finland,
Netherlands, Norway, Sweden
Stephen Sedgwick Miranda Rawlinson Australia, Cambodia, Hong Kong SAR,
Kiribati, Federated States of
Micronesia, Nauru, Solomon Islands,
Tuvalu
Paul W. Speltz Troy Wray United States
Osamu Tsukahara Masaichiro Yamanishi Japan
Jeung-Hyun Yoon S.L. Seneviratne Korea, Papua New Guinea,
Sri Lanka, Taiwan Province
of China, Uzbekistan, Vanuatu,
Vietnam
Management. The President, who is required to be a national of a regional member country, is elected by a majority of the total number of Governors, representing not less than a majority of the total voting power of the members. He serves for a five-year term and may be re-elected. The Vice-Presidents are appointed by the Board of Directors on the recommendation of the President.
President: ... Tadao CHINO
Vice-President (Operations 1): ... Myoung-Ho SHIN
Vice-President (Operations 2): ... Joseph EICHENBERGER
Vice-President (Finance and Admin.): ... John LINTJER
Staff. At the end of 2002, AsDB had 2,220 staff members coming from 49 of its 61 members. The total comprised 794 professional staff members and 1,426 support staff members, of which 321 staff members or about 14.5% are located in the external offices. GENERAL PUBLICATIONSThe Publications Index of the Asian Development Bank may be accessed via the Internet (www.adb.org/Publications) The Publications Unit of the AsDB Office of External Relations is the central unit for handling requests for priced and non-priced Bank publications, including procurement and consultants' handbooks and sample bidding documents which, can also be procured directly from the Central Operations Services Office. For more information, contact AsDB Publications Unit (postal address listed above; fax no. (632) 636-2648; and E:mail: adbpub@adb.org). EVENTS CALENDARFor the list of past and upcoming events, go to http://www.adb.org/News/calendar.asp UPDATED:September 30, 2003 Directory of Economic, Commodity and Development Organizations - table of contents |