Asian Development Bank - Fighting Poverty in Asia and the Pacific
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Controller's Department - CTL

The Controller’s Department (CTL)

  • establishes and maintains the Bank’s accounting system and records
  • prepares reports setting forth the financial position of ordinary capital resources and special funds, including trust funds and the staff retirement fund
  • calculates and arranges the settlement of maintenance of value obligations of members
  • authorizes disbursements under loans and technical assistance operations, and provides assistance to other departments in negotiating and administering loans and technical assistance operations
  • authorizes payments of administrative and other expenses in connection with trust funds and funds of a similar nature
  • makes payments in respect of salaries, allowances, and benefits under the Staff Retirement Plan
  • provides assistance to the Treasurer’s Department in formulating the Bank’s financial policies
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