ADB reforms procurement process to ‘work smarter’

To adapt to the changing development landscape, the Asian Development Bank recently embarked on a reform of its procurement process — a move that is expected to allow the multilateral institution to “work smarter,” and not just harder.

Sean O’Sullivan, director general of ADB’s operations services and financial management department, told Devex the reforms aim to achieve three main objectives: reduce the length of the procurement process, increase administrative efficiency and improve project delivery — all while maintaining oversight responsibility.