Vice-Presidents

Xiaoyu Zhao
Vice-President (Operations 1)
ADB

Mr. Xiaoyu Zhao is the Vice-President (Operations 1) of the Asian Development Bank (ADB). He joined ADB in September 2008.

Mr. Zhao is responsible for operations of South Asia Department, Central and West Asia Department, and the Private Sector Operations Department.

Prior to joining ADB, Mr. Zhao was the Deputy Governor of the Export-Import Bank of China, where he was the chairperson for both the Assets and Liability Management Committee and the Centralized Procurement Evaluation Committee.

Mr. Zhao served as the Director-General for the International Department of the Ministry of Finance of the People's Republic of China (PRC) from 2002 to 2004.

He was ADB's Executive Director for PRC from March 1999 to September 2002, and the World Bank's Alternate Executive Director for PRC from January 1997 to February 1999.

A Chinese national, Mr. Zhao holds an M. A. degree in Economics from George Washington University, and a B. A. degree in Western Language and Literature at Peking University.

Mr. Zhao is married with one child.

C. Lawrence Greenwood, Jr.
Vice-President (Operations 2)
ADB

The Board approved on 14 December 2005 the appointment of C. Lawrence Greenwood, Jr. as Vice-President - Operations 2 - for a term of three years. He assumed office on 28 February 2006.

SUMMARY

A career diplomat for nearly 30 years with extensive experience in Asia, international finance, development, trade, and investment.

MAJOR ACCOMPLISHMENTS

• In November 2004, led the US Government delegation to the Paris Club that successfully restructured $125 billion of Iraqi debt, resulting in the largest debt reduction in history.
• From 2003-2005, helped coordinate donor activities in a number of post-conflict and post-disaster situations, including Iraq, Haiti, and Pakistan.
• In 2001 helped launch a dialogue on structural reform between China's National Development and Reform Commission and the US Department of State and led the investment agenda for that Dialogue.
• From 2000-2005 chaired the US-Japan Investment Initiative which worked to promote foreign direct investment into Japan and to reform Japanese regulations to facilitate mergers and acquisition.
• From 2000-2003, as US Ambassador to APEC, launched the organization's counterterrorism agenda after 9/11, secured agreement to the Secure Trade in APEC Region (STAR) initiative, promoted greater use of IT in Asia, promoted regulatory transparency, and helped negotiate multilateral aviation open skies agreement.
• From 1996-2000 in Japan worked to liberalize the insurance market, helped crack the stevedore cartel, successfully lobbied for lower telecom interconnection rates, and helped address the recession and banking crisis of 1997.
• In 1991, worked to establish a permanent US military facility in Singapore, including negotiation of a status of forces agreement. Also helped launch the Asian Regional Forum, a multilateral forum that discusses Asian security and transnational issues.
• In 1989, as lead staffer in the US Embassy in Japan for the Structural Impediments Initiative successfully lobbied to deregulate retailing and promote stronger enforcement of Japan's anti-monopoly law.
• In the early 1980s worked to help resolve the Third World debt crisis as the State Department official responsible for staffing the U.S. Government's work in the Paris Club group of creditors.
• In 1978 in Manila uncovered efforts by shoe manufacturers in Taipei,China to circumvent US safeguards and negotiated a voluntary restraint agreement with the Philippine government.

Ursula Schaefer-Preuss
Vice-President (Knowledge Management and Sustainable Development)
ADB

Ursula Schaefer-Preuss is Vice-President of the Asian Development Bank (ADB) for Knowledge Management and Sustainable Development. She assumed office in November 2006.

Ms. Schaefer-Preuss is responsible for ADB's Regional and Sustainable Development Department, Economics and Research Department, and the Office of Cofinancing Operations.

Prior to joining ADB, she was the Director-General of the Federal Ministry for Economic Cooperation and Development in Bonn/Berlin, Germany. She was responsible for the development policy framework for various countries and regions. She was also engaged in bilateral cooperation with countries in Asia, Latin America, and Europe.

Previously, she was Chief of Cabinet of the Federal Minister for Economic Cooperation and Development from November 1998 to 2000.

She also held postings in the Permanent Mission of the Federal Republic of Germany to the United Nations in New York, the Inter-American Development Bank, Washington D.C., and the German Embassy in Khartoum, Sudan, in various capacities.

A German national, Ms. Schaefer-Preuss is an economist and has been engaged in the field of development policy for more than 30 years.

She took her post-graduate studies in political science, economics and sociology in Freiburg and Bonn and earned her Ph.D. in Economics and Master's degree in Economics at the Albert-Ludwig University in Freiburg. She has economics and sociology degrees, major in development policy, from the same university.

Ms. Schaefer-Preuss is a member of the board for various research oriented institutes, and has written several publications on development issues. She speaks English, Spanish, French, Italian, and Portuguese. She plays piano, tennis, and enjoys mountain hiking.

Bindu N. Lohani
Vice-President (Finance and Administration)
ADB

Mr. Bindu N. Lohani is the Vice-President (Finance and Administration) of the Asian Development Bank (ADB). He assumed the position in April 2007.

Mr. Lohani oversees the operations of the following departments and offices: Office of the Secretary; Office of the General Counsel; Budget, Personnel, and Management Systems Department; Office of Administrative services; Controller's Department; Treasury Department; and Office of Information Systems and Technology.

Prior to this, Mr. Lohani was the Director General of ADB's Regional and Sustainable Development Department. Concurrently, he was ADB's Chief Compliance Officer and the Special Advisor to the President on Clean Energy and Environment.

Mr. Lohani began his career in ADB in 1985 as Environment Specialist and became Manager, Environment Division in 1995. He later served as Deputy Director, Infrastructure, Energy, and Financial Sectors Department (West) starting 1997. In 1999, he was appointed as the Secretary of ADB.

Before joining ADB, Mr. Lohani worked with the Departments of Housing and Physical Planning, Roads, and Local Development in Nepal. During that period, he had the opportunity to be involved in various infrastructure projects. He has also taught at the Asian Institute of Technology (AIT) and was Division Chairman at AIT's Environmental Division.

Mr. Lohani has authored more than 100 publications, including seven books. He served as consultant to several UN agencies and international consulting firms. He completed several management development programs, including administrative training for senior government staff of Nepal, Executive Program conducted by the Business School of the University of Chicago; Management Development Program by Cornell University; and also programs organized by Arthur D. Little School of Management, and Corporate Leadership program at Yale University.

Mr. Lohani holds a Bachelor's Degree in Civil Engineering, Master's degree in Environmental and Sanitary Engineering, and a Doctorate in Environmental Technology and Management.

Mr. Lohani is an elected member of the National Academy of Engineering (NAE) of United States - the highest professional distinction accorded to an engineer - for his work on economic-cum-environmental approach to sustainable development. He is a Diplomate of the American Academy of Environmental Engineers (awarded for excellence in the practice of environmental engineering) and is a licensed professional engineer.