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.
Whether in the fight against climate change, promoting trade and economic integration, or building an inclusive future for the young, women and the elderly, it is the resilience of generations from Asia and the Pacific that will determine our success.
Cambodia’s young like 12-year-old Morb Kanha can be a force for development when provided with the education and opportunities they need to improve their lives.
Asia and the Pacific has significantly increased access to education and achieved relevant targets under the Millennium Development Goals, although challenges remain. ADB works across Asia and the Pacific to promote quality, accessible education for all in support of sustainable development.
In 2019, Baaka Babunashvili, 28 years old, and his childhood friend Nika Sioridze, 30 years old, rehabilitated 25 hectares of tea plantations in Georgia, joining a movement that is reviving an industry that was all but lost in the country.
Georgia’s strategic location makes it a natural logistics and transit hub along the “new Silk Road,” linking trade between Asia and Europe. ADB believes cross-border trade and regional cooperation are key to achieving economic growth and narrowing development gaps.
For 53-year-old Hepsibah Kole, beekeeping not only allows her to earn money and pay for her children’s schooling, it also helps her fulfil her aspiration of being independent and make her own decisions.
Across Asia and the Pacific, women have limited access to health care and education, and little financial independence. ADB is working to promote gender equality and women’s empowerment, and reduce poverty and contribute to a green, equitable, and inclusive development.
Farmers in the south-central districts of Bangladesh, like Firdouz Ahmed, 62, are turning to a centuries-old form of hydroponics to grow their crops in rising waters to adapt to changing climate.
ADB is scaling up nature-based solutions and climate-smart agriculture support. In the face of rapidly growing greenhouse gas emissions, increasing impact from climate change and disasters, and ongoing environmental damage, ADB has placed combating climate change and its consequences at the top of its development agenda.
Eighty-three-year-old Engkom Komariah runs a small business in Indonesia’s West Java where she employs elderly women so they can be financially independent.
Rapid aging in Asia and the Pacific has put the region at the forefront of one of the most important global demographic trends that is set to have wide social and economic consequences. Recognizing the contributions of the older generation, ADB pays special attention to the long-term care and health of the region’s aging population through its growing health and social protection projects.
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.
Transparency and openness are key to maximizing the development impact of ADB's work.