January 17, 2017 3:54 PM 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

Chairperson of Board of Directors and President
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

The Asian Development Bank and the International Chamber of Commerce Academy Recently Sign an Agreement to Offer Online Training Courses and Accreditation Programs on Global Trade and Trade Finance

The Asian Development Bank (ADB) and the International Chamber of Commerce (ICC) Academy recently signed an agreement to offer online training courses and accreditation programs on global trade and trade finance. The courses will be offered by ADB's Trade Finance Program (TFP) using ICC Academy's international training model and digital platform. The first course will be available this February and subsequent courses will be rolled out during the first half of 2017. The initial phase will benefit 150 bank staff from approximately 80 TFP partner banks. The initial phase will offer 2 online Certification Programs - the Global Trade Certificate (GTC) and the Certified Trade Finance Professional (CTFP). Through this capacity-building initiative, the TFP enables its partner banks to provide better financial support to local export and import companies. The ICC Academy is the International Chamber of Commerce's ground-breaking e-learning platform. The ICC Academy delivers online certification and professional development services to meet the educational needs of banks, corporates, and other organizations at the forefront of international trade.

The Asian Development Bank to Support Development of Karaganda Teaching Hospital by Public-Private Partnership

The Asian Development Bank has signed a transaction advisory services agreement with the Ministry of Health and Social Development of the Republic of Kazakhstan to develop a bankable public-private partnership structure for the Karaganda University Hospital project. Under the agreement, ADBs Office of Public-Private Partnership will advise the Ministry of Health and Social Development to promote private investment for the 300-bed multifunctional teaching hospital. The agreement was signed by Yelzhan Birtanov, Kazakhstans Vice-Minister for the MHSD, and Giovanni Capannelli, ADBs Country Director for Kazakhstan. There is an urgent need to improve the quality of healthcare provided to the population of Karaganda city and its region. The project aims to deliver international level education and training for medical school students. Public health sector in Karaganda is characterized by the absence of full scale facility operating under international standards, and aging infrastructure and equipment. The project is aligned with the government's strategy to attract private capital in the health sector and is an important part of the countrys PPP Development Program.

Asian Development Bank Signs an Agreement to Provide Transaction Advisory Services to the Ministry of Transport

The Asian Development Bank signed an agreement to provide transaction advisory services to the Ministry of Transport (MOT) for Ho Chi Minh City Third Ring Road project. Under the agreement, ADB’s Office of Public-Private Partnership will support MOT in the development of a bankable public-private partnership (PPP) structure for the project to enable leveraging of private investments. This assistance will complement the government's ongoing project preparation activities supported by ADB and thereby promote optimal use of public and private sector investment. The agreement was signed by Nguyen Ngoc Dong, Viet Nam’s Vice Minister of Transport and Eric Sidgwick, ADB’s Country Director for Viet Nam.

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