News Releases

9 Apr 2013

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.
26 Mar 2013

ADB Annual Meeting to Focus on Development through Empowerment

The 46th Annual Meeting, taking place in Delhi from 2-5 May, will focus on Development through Empowerment and feature leading experts speaking on job skills for the 21st century, moving beyond "Factory Asia," finding financing for infrastructure, preparing for disasters, financing universal health care, and delivering effective public services, among other topics.
18 Mar 2013

ADB President Steps Down after 8 Years

ADB President Haruhiko Kuroda steps down today after eight years that has seen ADB transformed into a more relevant, responsive and results-oriented institution, helping developing Asia-Pacific countries reduce poverty and increase standards of living for their people.
1 Mar 2013

Statement by ADB Chair of Board of Governors on President's Resignation

The Chairperson of the Board of Governors of the Asian Development Bank (ADB) and Finance Minister of India, Palaniappan Chidambaram, has issued a statement in response to President Haruhiko Kuroda’s submission of his resignation, effective March 18.
28 Feb 2013

ADB President Kuroda to Step Down on 18 March

As a result of the nomination by the Cabinet of Japanese Prime Minister Shinzo Abe of ADB President Haruhiko Kuroda as governor of the Bank of Japan, ADB announced today that Mr. Kuroda has submitted his resignation from ADB, effective March 18, 2013. An election of a successor to complete Mr. Kuroda’s term will be held by the Board of Governors of ADB in accordance with ADB’s Charter.
1 Feb 2013

ADB President Meets Finance Minister on Annual Meeting, Attends Delhi Summit

The President of ADB, Haruhiko Kuroda, visited New Delhi, India this week to discuss ADB Annual Meeting preparations with India’s Finance Minister Palaniappan Chidambaram and to attend the Delhi Sustainable Development Summit.
10 Dec 2012

Improved Budget Management Protects Pacific Countries Against Global Effects

Fiscal positions in small island economies of Kiribati, Nauru, Samoa, Tonga, and Tuvalu improved in 2012, largely due to improved budget performance in the face of a weakening global economic environment, according to the December issue of the Pacific Economic Monitor, released today.
10 Dec 2012

Smallest Pacific Economies Must Build Links, Boost Connections to Thrive - ADB

The smallest Pacific island economies can overcome economic growth challenges related to isolation and low populations by expanding economic links and using technology to build connections, according to the December issue of ADB's Pacific Economic Monitor, released today.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
6 Dec 2012

ADB Appoints New Vice-President

ADB appointed Bruce Davis as Vice-President (Administration and Corporate Management) on 5 December.