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2003 in Review: Board of Directors' Report
Funding
Policies and Procedures
Review of Existing Policies
>>Changing Focus
Broadening Development and Partnerships
Governing Structure
Financing Operations
Annual Report 2003

Changing Focus

Many of ADB’s internal initiatives explicitly and implicitly focused on results with a greater emphasis on impact and outcome. Changes in senior management in 2003 reflected this change in focus. An additional Vice-President was appointed to oversee knowledge management and sustainable development activities, bringing the total number of vice-presidents to four. In addition to that, a new position of Managing Director General was created to coordinate the work of the vice-presidents.

A change in the reporting structure for the Operations Evaluation Department (OED) likewise reflected the shift. Noting that the credibility of evaluation depends on the quality and integrity of analysis, the degree of transparency, and the independence of the evaluation unit, ADB examined the reporting structure and accountability of its evaluation work. In 2004, OED will report directly to the Board of Directors through the Development Effectiveness Committee (see http://www.adb.org/OED/).

Also reflecting the emphasis on results, the functions and responsibilities for representative offices were transferred from the Strategy and Policy Department to the Office of the President. The change in reporting will allow representative offices to better operate under the general direction of the President for matters such as high-level, broadrange dialogues with external counterparts.



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Broadening Development and Partnerships

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