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Who We Are

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

Building a Sustainable Recovery from COVID-19 in Asia and the Pacific

Since the beginning of the pandemic at the start of 2020, ADB has committed more than $17.5 billion to help its developing member countries address the impacts of COVID-19 and address vaccination needs, and has mobilized a further $12.5 billion in cofinancing from partners.

As the world kickstarts a sustainable recovery from COVID-19, ADB is delivering comprehensive support to meet Asia and the Pacific’s vaccine needs.

Through a $9 billion Asia Pacific Vaccine Access Facility, or APVAX, announced in December 2020, ADB is providing funding for vaccine procurement, logistics, and distribution.

About ADB

The Asian Development Bank (ADB) envisions a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty in the region. Despite the region's many successes, it remains home to a large share of the world's poor: 263 million living on less than $1.90 a day and 1.1 billion on less than $3.20 a day.

ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.

How We're Organized

Board of Governors

ADB's highest policy-making body is the Board of Governors, which comprises one representative from each member – 49 from the Asia and Pacific region and 19 from outside the region.

Board of Directors

The Directors supervise ADB's financial statements, approve its administrative budget, and review and approve all policy documents and all loan, equity, and technical assistance operations.

Management

The President heads a management team comprising six Vice-Presidents. The team supervises the work of ADB's operational, administrative, and knowledge departments.

Operational Priorities

ADB's long-term corporate strategy to 2030 sets the course for ADB's efforts to respond effectively to the Asia and Pacific region's changing needs. Under Strategy 2030, ADB will expand its vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty.