Following the announcement of an all-time high record in operations and lending in 2015, officials at the Asian Development Bank have revealed that the multilateral financial institution is also set to open new career opportunities for development professionals in the Asia-Pacific region — and beyond.
Indu Bhushan, director general of ADB’s strategy and policy department, shared that the Manila-based bank’s growing capital and operations which grew by 19 percent to $27.15 billion in 2015 along with positive projections in the next couple of years — following a host of reforms instituted by ADB President Takehiko Nakao since his appointment in April 2013 — has prompted management to seek to increase staff numbers.
“We've gone to the board and they said that we need more people,” the bank official told Devex. As of end-2014, ADB has about 2,997 employees with more than two-thirds working in the Manila-headquarters. More than a thousand are also comprised of international staff.
About the author
Lean Alfred Santos@DevexLeanAS
Lean Alfred Santos is a former 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. He previously covered Philippine and international business and economic news, sports and politics.
