August 27, 2014 9:20 PM ET

Diversified Financial Services

Company Overview of Asian Development Bank

Company Overview

Asian Development Bank, a multilateral development financial institution, provides financial assistance to its developing member countries in Asia and the Pacific region. The company’s primary instruments include loans, technical assistance (TA), grants, guarantees, and equity investments, which are financed through ordinary capital resources, special funds, and trust funds. It also offers policy dialogue and advisory services; and mobilizes financial resources through its cofinancing operations that access official, commercial, and export credit sources for the development impact of its assistance. The company’s cofinancing comprises external loans, grants for TA, and components of loan pro...

6 ADB Avenue

Mandaluyong City,  1550

Philippines

Founded in 1966

Phone:

63 2 632 4444

Fax:

63 2 636 2444

Key Executives for Asian Development Bank

Chairperson and President
Age: 58
Vice-President of Finance and Risk Management
Head of Presidential Committee on Small & Midsize Businesses
Age: 70
Chair of The Board of Governors
Managing Director General
Compensation as of Fiscal Year 2014.

Asian Development Bank Key Developments

The Asian Development Bank, Orix Corporation and Robeco Institutional Asset Management B.V. Announce the Formation of Asia Climate Partners

The Asian Development Bank, ORIX Corporation and Robeco Institutional Asset Management B.V. announced the formation of Asia Climate Partners (ACP), a joint venture that will undertake commercially-oriented private equity investments across a variety of environmentally supportive, low-carbon transactions throughout Asia. ACP, which will be capitalized initially by $400 million from its founding partners, will be based in Hong Kong, staffed by a team of experienced private equity investment professionals, and dedicated to investing in renewable energy, clean technology, natural resource efficiency, water, agriculture, forestry and other climate-friendly companies and transactions that are structured to generate market-driven, risk-adjusted returns and have a positive environmental and social impact.

Asian Development Bank Opens New ADB Development Coordination Office for Palau

Asian Development Bank opened a new ADB Development Coordination Office for Palau. The new Palau office joins the ADB Development Coordination Offices in Cook Islands, Kiribati, Marshall Islands, Samoa, Solomon Islands, Tonga, and Vanuatu; and ADB country offices in Sydney, Fiji, Papua New Guinea, and Timor-Leste in boosting ADB's field presence to facilitate aid coordination and aid effectiveness in the Pacific region.

Asian Development Bank Appoints Juan Miranda as Managing Director General, Effective July 1, 2014

Asian Development Bank (ADB) announced the appointment of Juan Miranda as the Managing Director General. The appointment is effective July 1, 2014. Mr. Miranda is currently the Director General of ADBs South Asia Department where he oversees ADBs assistance programs and knowledge solutions in six countries Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka across areas such as transport, energy, urban services, capital markets, education, health, and agribusiness. Prior to this, he headed the Central and West Asia Department from May 2006 to 2012.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 7, 2014
Planters Development Bank
Private Placement
July 3, 2014
ReNew Power Ventures Pvt. Ltd.
Private Placement
July 2, 2014
Hippocampus Learning Centres Private Limited
 

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