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

Philippines

Founded in 1966

Phone:

63 2 632 4444

Fax:

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

Type
Date
Target
Merger/Acquisition
June 12, 2016
Welspun Renewables Energy Private Limited
Merger/Acquisition
April 28, 2016
Xiamen International Bank Co., Ltd.
Private Placement
October 13, 2015
Welspun Renewables Energy Private Limited
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Asian Development Bank, please visit www.adb.org. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.