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.
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.
Masatsugu Asakawa is the President of ADB and the Chairperson of ADB’s Board of Directors. He was elected President by ADB’s Board of Governors and assumed office on 17 January 2020.
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.
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.
The President heads a management team comprising six Vice-Presidents. The team supervises the work of ADB's operational, administrative, and knowledge departments.
List of ADB departments, country offices, and key contacts.
Focus on results management in its operations, improving the capacities of its developing member countries, and contributing to the global agenda on aid effectiveness.
Building strong partnerships with diverse institutions.
Transparency and openness are key to maximizing the development impact of ADB's work.