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Board of Directors' Report (2010 Annual Report)
| Date: | April 2011 |
| Type: | Board Documents |
| Subject: | ADB administration and governance |
| Series: | Board of Directors' Report |
Description
Asian Development Bank approvals, including cofinancing, totaled $17.51 billion in 2010. The Board of Directors continued to seek new ways for ADB to assist its developing member countries in addressing challenges and making progress toward the Millennium Development Goals. The Board undertook wide-ranging strategic initiatives, including the appointment of a vice-president for private sector and cofinancing operations. The Board also endorsed a comprehensive new human resources policy, assessed a proposal to streamline additional funding to successful projects, and endorsed country partnership strategies for Kiribati, Papua New Guinea, and Tajikistan.