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ADB Appoints Two New VPs



Liqun Jin Succeeds Myoung-Ho Shin as Vice-President

Liqun Jin, Vice-President (Operations 1)

MANILA, PHILIPPINES The Board of Directors of ADB, acting on the recommendation of President Tadao Chino, appointed Liqun Jin as Vice-President (Operations 1) with effect from 1 August 2003.

Mr. Jin, of the People’s Republic of China (PRC), succeeded Vice-President Myoung-Ho Shin, of the Republic of Korea, who retired after 5 years of service.

Mr. Jin, 53, was the PRC’s Vice Minister of Finance, mainly in charge of the budget for administrative expenses of education, science, culture, and external economic affairs.

Previously the Alternate Governor for the PRC at ADB, World Bank Group, and Global Environment Facility, Mr. Jin has been active in international economic affairs for almost 2 decades, particularly since the Asian financial crisis in 1997.

He has worked on numerous bilateral and multilateral economic and finance forums, such as the China-US Joint Economic Committee, China-UK Economic and Finance Dialogue, APEC Finance Ministers’ Meeting, ASEAN Plus Three, and G-20.

In addition, Mr. Jin was a member of the State Monetary Policy Committee and the Anti-Terrorism Committee of the PRC.

After serving as Alternate Executive Director at the World Bank Group for 4 years, Mr. Jin was appointed Director General of the World Bank Department of the Ministry of Finance in 1995. The same year, he was promoted to Assistant Minister of Finance and in 1998 became Vice Minister of Finance.

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Geert van der Linden Appointed Fourth Vice-President

Geert van der Linden, Vice-President (Knowledge Management and Sustainable Development)

MANILA, PHILIPPINES Acting on the recommendation of President Tadao Chino, the ADB Board of Directors created a fourth Vice-President position, which was filled by Geert van der Linden in September.

As Vice-President, Mr. van der Linden, 54, of the Netherlands, will oversee ADB’s knowledge management and sustainable development activities.

Mr. van der Linden was Special Advisor to the President, developing ADB’s role in the areas of knowledge management, policy, and strategy. Most recently in this role, he headed ADB’s response team to the Severe Acute Respiratory Syndrome (SARS) outbreak in the region.

His new responsibilities include management of the operations of ADB’s Regional and Sustainable Development Department, Economics and Research Department, and Office of External Relations. In his 24 years with ADB, Mr. van der Linden has served as a Project Economist, Manager of the Education Division, Resident Representative in Bangladesh, Chief of the Office of Pacific Operations, Director of the Programs Department (West Asia), and Director of the Programs Department (East Asia).

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Young-Hoi Lee: Managing Director General

Young-Hoi Lee, Managing Director General

MANILA, PHILIPPINES Asian Development Bank (ADB) President Tadao Chino appointed Young-Hoi Lee to the newly created position of Managing Director General. Mr. Lee, 56, took up the position in mid-September. As Managing Director General, Mr. Lee is engaged mainly in highlevel coordination and synthesis of work among ADB’s four Vice-Presidents, under the overall guidance of the President.

Mr. Lee joined ADB from the Export- Import Bank of Korea, where he held the position of Chairman and President since 2001. There, he was in charge of extending financial support for export and import transactions, and oversaw investment projects and the development of natural resources abroad. Mr. Lee began his career at the Republic of Korea’s Ministry of Finance in 1973. After holding several positions there, he was appointed as Advisor to the Executive Director of the International Monetary Fund (IMF) in 1991. He returned to the Ministry in 1994 and was appointed as Director General of Budget Coordination. In 1997, he assumed the role of Executive Director at IBRD. In 1999, Mr. Lee became Deputy Minister for the Office of Planning and Management in charge of the Treasury Bureau, Economic Cooperation Bureau, and the Welfare and Consumer Policy Bureau.

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