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Refined Organizational Process and Structure
Independent Assessment of ADB's 2002 ReorganizationIn 2004, ADB commissioned an independent assessment of the 2002 reorganization to evaluate its impact. The final report was completed in November 2004 and suggested a set of options and recommendations covering strategic focus, sectoral strength and resources, quality assurance, and operational effectiveness. The options and recommendations involved structural, nonstructural, and functional changes. Following the panel’s recommendations, and as a prerequisite for piloting the new financial modalities, an independent Risk Management Unit was established directly under the President’s office in July 2005. The unit strengthens and integrates credit and financial risk management systems. ADB reorganized the Regional and Sustainable Development Department in July 2005 to make it more effective in renewing key business areas, supporting quality enhancement and innovation of key sector operations, promoting sustainability and inclusiveness of investments, and managing knowledge. ADB also established the Office of Regional Economic Integration in April 2005 to provide strategic focus in regional cooperation and integration. The Office of External Relations was upgraded to a department to manage its expanded responsibilities in support of the public communications policy. In May 2006, ADB realigned the regional departments’ [ PDF ] country groupings to improve country focus, to correspond more closely with subregional initiatives, and to balance the workload among departments. View more initiatives under Refined Organizational Process and Structure. See also: |