Introduction 1

History ADB
Established on 22 August 1966 to facilitate economic development of countries in Asia. Initiated by Japan 31 members at its establishment Now has 67 members - of which 48 are from within Asia and the Pacific and 19 outside. Japans initial control India is a founding member of ADB and its fifth largest shareholder.
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Offices
28 offices worldwide

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Organization
BOARD OF DIRECTORS
President

Vice President KMSD

Regional & Sustainable Development Dep. Economics & Research Dep. Office of External Relations Office of the President Office of the Auditor General Operations Evaluation Dep.
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VP Operations 1
South Asia Department

VP Operations 2
East Asia Department

VP Finance & Admin MDG

Office of the Secretary Office of the General Counsel

Southeast Asia Department Central & West Asia Department Pacific Department

BPMS Department Office of Admin. Services Controllers Department Treasurers Department

Strategy & Policy Department Special Project Facilitator

Private Sector Department

Central Operations Services Office

Office of Cofinancing Op. Off. of I. Systems & Techn.

VISION AND MISSION

Vision : An Asia and Pacific Free of Poverty Mission: to help its developing member countries reduce poverty and improve the quality of life of their people.

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ADBs Goals
1. Promoting economic growth 2. Reducing poverty 3. Developing human resources 4. Improving the status of women 5. Protecting the environment

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Organisation
12 members of the BOD and their deputy Eight of the 12 members from Asia-Pacific while the others come from non-regional members. President- Japan 67 members Japan & US holds 12.5% (552,210 shares each) China - 228,000 shares (6.429 %) India holds 224,010 shares (6.317 %) Headquarters 6 ADB Avenue, Mandaluyong City, Metro Manila, Philippines

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Projects and programs

Supported programs 1. Agricultural and natural resources 2. Energy 3. Finance 4. Industry and non fuel minerals 5. Social infrastructure 6. Transport and communications
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ADBS PRINCIPAL FUNCTIONS

To provide loans / grants for specific projects, sectors (with a large number of sub projects), program loans and DFI loans. To Provide technical assistance and advisory services To Promote investment for development purposes To Assist in coordinating developing member countries development policies and plans

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Features

1. Public Sector Lending Operations 2. Co-financing and Guarantee Operations 3. Grants 4. Technical Assistance 5. Private Sector Operations

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India and ADB

Funding member of ADB and fourth largest shareholder Joined in 1966 Shares held 224,010 (6.32%) Votes 237,242(5.35%) ADB has approved 130 loans of $20,586million since 1986 Projects of $181 million are under implimentaion Ministry of finance handles affairs of ADB

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Cont.
In 2008 India was largest borrower including $8.2 billon loan
$3.3 billon to transport $1.7 billon to urban infrastructure $1.5 billon to urban energy sector $1.0 billon to financial sector

Mr.Asok K. Lahiri is the executive director Tadashi Kondo is ADB country director for India
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