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  News Release
No. 05/08 31 August 2008

Paul Heytens ADB’s New Country Director for Bangladesh

DHAKA, BANGLADESH (31 August 2008) – Paul J. Heytens joined ADB’s Bangladesh Resident Mission (BRM) as its new Country Director on 31 August. He succeeds Country Director Hua Du who went back to ADB’s Headquarters in July after completing her 3-year tenure. Prior to joining BRM, Mr. Heytens was ADB’s Country Director for Nepal.

Mr. Heytens worked for ADB’s East Department during 1990-1993 as Project Economist, Agriculture; Principal Project Economist, South Asia Department, (2003-2004); and Principal Agricultural Economist, South Asia Department (2005- 2007). He also worked as Economist, Asia Pacific Department, International Monetary Fund (IMF) during 1993-1998; IMF Resident Representative in Beijing, China (1998-2001) and in Indonesia (2001-2003), and Deputy Division Chief, African Department, IMF (2004-2005).

A US national, Mr Paul Heytens holds a Ph. D in Development Economics from the Stanford University, USA.

ADB, based in Manila, is dedicated to reducing poverty in the Asia and Pacific region through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members – 48 from the region. In 2007, it approved $10.1 billion of loans, $673 million of grant projects, and technical assistance amounting to $243 million.

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