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.
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About the author
Lean Alfred Santos@DevexLeanAS
Lean Alfred Santos is a Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. Prior to joining Devex, he covered Philippine and international business and economic news, sports and politics. Lean is based in Manila.
