August 29, 2016 5:05 AM ET

Diversified Financial Services

Company Overview of Asian Development Bank

Company Overview

Asian Development Bank, a multilateral development bank, provides financial assistance to its developing member countries in the Asia Pacific region. The company’s financial products include loans, debt management products, equity investments, guarantees, and syndications. It also offers policy dialogue and advisory services; and mobilizes financial resources through its co-financing operations that access official and other concessional, commercial, and export credit sources for the development impact of its assistance. Asian Development Bank serves various sectors, including agriculture, natural resources and rural development, energy, education, finance, health, industry and trade, inform...

6 ADB Avenue

Mandaluyong,  1550


Founded in 1966


63 2 632 4444


63 2 636 2444

Key Executives for Asian Development Bank

Chairman and President
Age: 60
Dean of Asian Development Bank Institute and Chief Executive Officer of Asian Development Bank Institute
Managing Director General
Head of Office of Regional Economic Integration
Executive Director, Member of Audit Committee, Member of Board Compliance Review Committee and Member of Ethics Committee
Age: 64
Compensation as of Fiscal Year 2016.

Asian Development Bank Key Developments

Asian Development Bank Helps Bangladesh Expand Road Connectivity Using Public-Private Partnership

Asian Development Bank (ADB) and the Bangladesh Public-Private Partnership Authority signed a transaction advisory services agreement that will pave the way for a public-private partnership project (PPP) to prepare and develop a major access road to boost connectivity and cut traffic congestion in central Dhaka. The Rampura-Amulia-Demra PPP road will provide much needed and improved connectivity between the highways from Chittagong and Sylhet, and central Dhaka. The project also complements ADB's existing support to Bangladesh's Roads and Highways Department for inter-city road connectivity under the South Asia Subregional Economic Cooperation Project. The PPP project will develop a four-lane 13.5-km access controlled road. As part of its advisory mandate, ADB will carry out a feasibility study for the $200 million project, develop a bankable PPP structure, and organize a competitive tender process to select a suitable private sector partner. A transparent competitive tender process is expected to deliver the best value for the construction, operation, and maintenance of the road, and will help in developing a template for PPP roads in Bangladesh. ADB has been a long serving supporter of Bangladesh's PPP program, including providing technical assistance that helped pave the way for the passage of the country's PPP law in September 2015, and in the preparation of PPP projects.

The Asian Development Bank Announces Retirement of Thierry De Longuemar as Vice President of Finance and Risk Management, Effective September 2016

The Asian Development Bank, or ADB, has announced the retirement of Thierry de Longuemar as vice president of finance and risk management, effective September 2016.

Asian Development Bank Presents at China Debt Capital Markets Summit 2016, Jun-02-2016 01:25 PM

Asian Development Bank Presents at China Debt Capital Markets Summit 2016, Jun-02-2016 01:25 PM. Venue: The Westin, 9B Financial Street, XiCheng District, Beijing, 100140, China. Speakers: Jonathan Grosvenor, Advisor, Office of the Treasurer and Head of Treasury Client Solutions, Treasury Department.

Recent Private Companies Transactions

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Private Placement
October 13, 2015
Welspun Renewables Energy Private Limited

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