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Lakshmi Venkatachalam
Biography
Lakshmi Venkatachalam is the Vice-President (Private Sector and Cofinancing Operations) of ADB. She assumed office in June 2010.
Ms. Venkatachalam leads ADB's initiatives in Private Sector and Cofinancing activities. Under its long-term Strategy 2020 Framework, ADB's activities in private sector development and private sector operations are targeted to reach 50% of its annual operations by 2020. Strategy 2020 also envisages a significant increase in ADB's partnership-based cofinancing activities by 2020. Ms. Venkatachalam will lead ADB's efforts in assisting development-oriented private sector projects in the region, with a clear focus on challenging sectors and regions, as well as in building and strengthening cofinancing partnerships with various official and commercial cofinanciers with a view to mobilizing investment capital for the region.
News Releases
1 May 2013
ADB is investing $30 million equity in NSL Renewable Power Private Ltd. (NRPPL), a leading renewable energy company in India, to support hydropower and wind power projects that will generate 530 gigawatt-hours every year, and reduce carbon dioxide emission by 400,000 tons annually from 2017 onward.
6 Feb 2013
Development Finance Institutions are sharing experiences and lessons in corporate governance at a two-day meeting hosted by ADB. The conference is meant to intensify the collaboration among signatories of the Corporate Governance Development Framework and to raise the bar on better enforcement of rules, practices and procedures by which client-beneficiaries operate.
5 May 2011
Asia and the Pacific needs to create better infrastructure and finance and closer trade links if the region is to establish a firm foundation for strong, collective, long-term growth, panelists said here today. The public and private sectors should closely collaborate to achieve that.
Speeches
7 Feb 2012
6 Jul 2011
Op-Eds and Opinion
22 Mar 2012