October 23, 2016 4:48 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

President and Chairperson of Board of Directors
Age: 60
Vice President of Finance and Risk Management
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
Compensation as of Fiscal Year 2016.

Asian Development Bank Key Developments

ADB And Four Others are In Talks With Government To Buy Stake In IDBI Bank

International Financial Corporation along with CDC Group plc, GIC Pte. Ltd. and Asian Development Bank are in talks with the government to acquire stake in IDBI Bank Limited (BSE:500116). Sources told Times of India that the government is close to finalizing the terms of the deal and bankers are on the job.

Asian Development Bank Appoints Marvin Taylor-Dormond as New Director-General of Independent Evaluation

Asian Development Bank (ADB) has appointed Marvin Taylor-Dormond, formerly with the World Bank Group (WBG), as its new director-general of Independent Evaluation. Mr. Taylor-Dormond has a long association with evaluation in a 26-year career in multilateral development banking, focusing over the past several years on private sector operations and sustainable development. At the WBG's Independent Evaluation Group (IEG), he headed the Financial, Private Sector and Sustainable Development Department (2015-2016) and the Private Sector Operations Department (2011-2015). He joined the WBG in 2006. Before that, Mr. Taylor-Dormond held senior posts at the Central American Bank for Economic Integration, where he established the bank's capacities in the monitoring and evaluation of strategies, programs and projects, and was chief economist and head of evaluation from 2003-2006. His appointment to head Independent Evaluation at ADB is for a single five-year term. He succeeds Vinod Thomas, who retired in August. As well as overseeing evaluations, Mr. Taylor-Dormond has written on the role of evaluation in development, including as a contributing writer to Evaluating the World Bank Group's Response to the Global Economic Crisis in Real Time, published in 2013, and has spoken at numerous international events on evaluation and development. He is a former finance vice-minister of Costa Rica, where he led the country's most comprehensive tax and customs reform in the late 1990s, and has a PhD in public finance and economic development from Carleton University and the University of Ottawa.

Asian Development Bank Presents at World Bank - Singapore Infrastructure Finance Summit, Oct-17-2016 03:00 PM

Asian Development Bank Presents at World Bank - Singapore Infrastructure Finance Summit, Oct-17-2016 03:00 PM. Venue: The Westin Singapore, 12 Marina View, Asia Square, Tower 2, Singapore. Speakers: Michael Barrow, Director General, Private Sector Operations.

Recent Private Companies Transactions

June 12, 2016
Welspun Renewables Energy Private Limited
April 28, 2016
Xiamen International Bank Co., Ltd.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence 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
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. 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 S&P Global Market Intelligence. 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.