• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • In the news: ADB annual meeting

    ADB chief calls for inclusive growth and more partnerships

    The 46th Annual Meeting of the ADB Board of Governors opened today with the new president naming solutions to key development challenges in the Asia-Pacific Region.

    By Johanna Morden // 02 May 2013
    The annual meeting of the Asian Development Bank takes place in New Delhi, India. Photo by: ADB

    The 46th Annual Meeting of the ADB Board of Governors opened today with the new bank president naming solutions to key development challenges in the Asia-Pacific region as well as discussions related to this year’s theme: “Development through Empowerment.”

    “The theme encompasses issues that are critical for sustaining high and inclusive growth in developing Asia,” the bank’s newly-elected chief Takehiko Nakao said in his first public speech since he officially assumed power on April 28.

    The new president named the following as the remaining challenges that the Asia Pacific region is facing: poverty, growing inequality, climate change, food security, fragile states, gender equality and regional integration.

    The key to address these issues? Enhancing private sector development.

    “I intend to push this agenda forward vigorously by enhancing operations for private sector development and promoting public-private partnerships,” Nakao vowed.

    Other solutions he mentioned were inclusive growth, environmentally-sustainable growth, and regional cooperation and integration.

    Highlights

    These issues were addressed in the event highlights of May 2, including:

    • Meeting of the Board of Directors of the ASEAN Infrastructure Fund Limited, where the the full operationalization beginning second half of 2013 of the $1-billion AIF was reconfirmed. The AIF board also discussed Myanmar as a possible new member, and the strides taken for infrastructure projects and for public-private partnerships.

    • “Urban Asia: Financing Livable Cities” seminar, that tackled urban challenges and solutions for forging long-term resilience strategies and for sourcing investments in sustainable urban infrastructure.

    • “Towards Developing and Implementing an Integrated Disaster Risk Management in Asia and the Pacific” forum, which aimed to cement an integrated disaster risk management framework for the region, and stimulate conversations on disaster preparedness, best practices and financing.

    • “Innovation for Inclusion” seminar, where ADB Board of Governors Chair P. Chidambaram led the discussions in exploring the ability of innovation to provide sustainable solutions to regional challenges in food and nutrition, education, health, water and sanitation, and financial access.

    • Signing by the ADB and the government of Papua New Guinea of two loans worth a total of $66.7 million to raise electricity access rates in Port Moresby to 74 percent and to light up about 3,000 low-income households.

    Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.

    • Banking & Finance
    • Environment & Natural Resources
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Johanna Morden

      Johanna Morden

      Johanna Morden is a community development worker by training and a global development journalist by profession. As a former Devex staff writer based in Manila, she covered the Asian Development Bank as well as Asia-Pacific's aid community at large. Johanna has written for a variety of international publications, covering social issues, disasters, government, ICT, business, and the law.

    Search for articles

    Related Jobs

    • Compliance Unit Lead
      Prague, Czech Republic | Czech Republic | Eastern Europe
    • Tax Audit Advisor
      Cowater International
      Ethiopia | Eastern Africa
    • Technical Specialist - Environmental (Retainer)
      United Nations Office for Project Services (UNOPS)
      Denmark | Western Europe
    • See more

    Most Read

    • 1
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 2
      FCDO's top development contractors in 2024/25
    • 3
      Strengthening health systems by measuring what really matters
    • 4
      Opinion: India’s bold leadership in turning the tide for TB
    • 5
      Reigniting momentum for maternal, newborn, and child health

    Trending

    Financing for Development Conference

    The Trump Effect

    Newsletters

    Related Stories

    Job Board InsightsThe top local employers in East Asia and the Pacific

    The top local employers in East Asia and the Pacific

    Devex Career HubDevex Career Hub: Who is still hiring in East Asia

    Devex Career Hub: Who is still hiring in East Asia

    Food SystemsHow ADB plans to invest $40B in food systems by 2030

    How ADB plans to invest $40B in food systems by 2030

    Climate FinanceIs ADB still Asia and the Pacific’s ‘climate bank’?

    Is ADB still Asia and the Pacific’s ‘climate bank’?

    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement