ASIAN DEVELOPMENT BANK

An international development finance institution whose

overarching objective is to help the Asia and Pacific become a
region free of poverty.
Asian Development Bank :
The first multi-lateral bank
Lending organization
- Loans
- Technical Assistance
- Grants
- Guarantees
- Equity Investments
History
Origin :
:

:
1970s

:
:
:

1980s

:
:
:

1990s

:
:

Idea of a development Bank for Asia and Pacific was first aired by Sri Lankan
Premier Solomon Bandaranaike in 1959
The concept of a regional bank was formally mooted at a trade conference
organized by ECAFE Economic Commission for Asia and the Far East by a
young Thai banker, Paul Sithi-Amnnuai.
ADB is then established on August 22, 1966.
It is headquarted in Metro Manila, Philippines
It started with 31 members.
Takeshi Watanabe was the first president of ADB from 1966 to 1972.
ADB assistance expanded into education and health and then to infrastructure
and industry.
The world suffered its first oil price shock, ADB then focused its assistance to
energy projects.
At the close of the decade, some Asian Countries had improved considerably.
ADB focused on the private sector for more driving growth and economic
development.
In 1982, ADB opened its first field office- a Resident Mission in Bangladesh.
ADB approved a policy to support collaboration with nongovernment
organizations to help the disadvantaged groups in its developing member
countries.
The start of 1990s ADB begin the promotion of regional cooperation to establish
close ties among the neighboring countries.
ADB became the first multilateral organization to have a Board-approved
governance policy in 1995.

:
:
2000

:
:
:

In mid 1997, a severe financial crisis hit the region and ADB responded with
projects and programs to strengthen financial sectors and social safety nets for
the poor.
ADB approved its largest loan of $4 Billion emergency loan to Korea.
ADBs adopted poverty reduction as its number one goal.
ADBs adopted a new focus on helping its members achieve Millennium
Development Goals.
In 2003, SARS epidemic hit the region, making it clear that ADB needs to focus
on health and regional cooperation.
2004, ADB also responded to natural disasters and committed more than $850
million for recovery of India, Indonesia, Maldives, and Sri Lanka which is hit by
tsunami.
In 2009, ADBs Board of Governors agreed to triple ADBs capital base from $55
billion to $165 billion, giving it much-needed resource to respond to the global
economic crisis. And the 200% increase is the largest in ADBs history.

2010 present
:

The Asias gross domestic product GDP increased by 9.0%. However, the region
is still facing challenges, remaining home to 2/3 of the worlds poor. TO reaffirm
its commitment to inclusion, transparency and accountability, ADB approved a
policy in 2011 to enhance stakeholders trust and ability to engage with ADB.

ORGANIZATION
ADBs organizational structure is composed of:

Members

From 31 members in 1966, ADB has grown to encompass 67 membersof

which 48 are from Asia and Pacific and 19 are from outside or foreign countries

Regional Members :
1.
2.
3.
4.
5.
6.

Afghanistan
Armenia
Australia
Azerbaijan
Bangladesh
Bhutan

7. Brunei
Darussalam
8. Cambodia
9. China
10. Cook Islands
11. Fiji
12. Georgia

13. Hongkong
14. India
15. Indonesia
16. Japan
17. Kazakhstan
18. Kiribati
19. Korea

20. Kyrgyz
21. Lao PDR
22. Malaysia
23. Maldives
24. Marshall
Islands
25. Micronesia

26. Mongolia
27. Myanmar
28. Nauru
29. Nepal
30. New Zealand
31. Pakistan
32. Palau
49.
50.
51.
Non-regional
members :
52.
53. 1.
Austria
54. 2.
Belgium
55. 3.
Canada
56. 4.
Denmark
57. 5.
Finland
58. 6.
France
59.
60.
61.

33. Papa New

38. Sri Lanka
45. Tuvalu
Guinea
39. Taipei, China
46. Uzbekistan
34. Philippines
40. Tajikistan
47. Vanuatu
35. Samoa
41. Thailand
48. Vietnam
36. Singapore
42. Timor-leste
37. Solomon
43. Tonga
Islands
44. Turkmenistan
62.
75.
63.
76.
64.
77.
65.
78.
66.
79.
67. 7.
Germany
80.
68. 8.
Ireland
81. 14.
Spain
69. 9.
Italy
82. 15.
Sweden
70. 10.
Luxembourg
83. 16.
Switzerland
71. 11.
The
84. 17.
Turkey
Netherlands
85. 18.
United
72. 12.
Norway
Kingdom
73. 13.
Portugal
86.19.
United State
74.

87. Board of Governors : Highest policy-making body of ADB.

88.
: Composed of one representative from each member state.
89.
: The one who elects the 12 Board of Directors and the President
90.
: They meet formally once a year in a member country.
91.
: Cesar V. Purisima is the elected governor in the Philippines and
his
92.
alternate governor is Amando M. Tetangco, Jr. (BSP)
93.
94.
Board of Directors : Composed of 12 members which is elected by
the Board of Governors. Eight (8) of the directors are elected from Asian
Pacific Region and the four (4) others are elected by the non-regional
members from outside the region. And each director appoints an alternate
director.
95.
96.
Its duties are: - supervise ADBs financial statements
97.
- approve administrative budget for ADB
98.
- approve all policy documents
99.
- approve all loan, equity, and technical
100.
assistance operations.
101.
102.
President
: Chairperson of the Board of Directors and manages ADB.
103.
: A president has 5 terms and may be re-elected.
104.
: The president has always been Japanese because Japan is one
of
105.
the largest shareholders of the Bank with a 15% of
shareholdings.
106.
: Takehiko Nakao is the current president of ADB since April 2013.
107.