Chair's Summaries of the Meetings of the Board of Directors

Chair's Summary: Enhancing Board-Management Engagement to Improve ADB Effectiveness

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 19 July 2024 discussing the Enhancing Board-Management Engagement to Improve ADB Effectiveness to refine the approach to project approval.

Chair’s Summary - Country Partnership Strategy: Cambodia, 2024–2028 - A Partnership for Prosperity, People, and the Planet

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 28 May 2024 discussing the Country Partnership Strategy (CPS) for Cambodia, 2024–2028 - A Partnership for Prosperity, People, and the Planet.

Chair's Summary: Exposure Limits on the Asian Development Bank’s Operations Portfolio

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 11 April 2024 discussing the Exposure Limits on the Asian Development Bank’s Operations Portfolio.

Several directors acknowledged the importance of the framework to maintain the balance between Asian Development Bank's (ADB) development agenda and risk-bearing capacity while ensuring continued equitable access of the developing member countries (DMC's) to the Bank’s resources.

Chair’s Summary - Country Partnership Strategy: Lao People’s Democratic Republic, 2024-2028 - Strengthening Foundations for an Inclusive, Sustainable, and Resilient Economy

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 21 March 2024 discussing the Country Partnership Strategy (CPS) for Lao People’s Democratic Republic, 2024-2028 - Strengthening Foundations for an Inclusive, Sustainable, and Resilient Economy.

Chair’s Summary - Country Partnership Strategy: Georgia, 2024-2028 - Developing a Green and Inclusive Regional Gateway

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 19 March 2024 discussing the Country Partnership Strategy (CPS) for Georgia, 2024-2028 - Developing a Green and Inclusive Regional Gateway.

Directors expressed support for the crosscutting priorities of the CPS: (i) climate action and disaster risk management, (ii) regional cooperation and integration, (iii) private sector development and digital transformation, and (iv) gender equality.

Chair’s Summary - Country Partnership Strategy: Sri Lanka, 2024-2028 - Fostering Sustainable Recovery, Building Resilience, and Reviving Growth

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 19 March 2024 discussing the Country Partnership Strategy (CPS) for Sri Lanka, 2024-2028 - Fostering Sustainable Recovery, Building Resilience, and Reviving Growth.

Directors acknowledged that the three strategic pillars are well targeted and adequately respond to the challenges facing Sri Lanka. Directors noted the CPS responds to Sri Lanka’s economic situation, broadly reflecting the recommendations of the Independent Evaluation Department’s (IED) validation report.

Chair’s Summary - Removal of the ADB Charter Lending Limitation

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 20 October 2023 discussing the Removal of the ADB Charter Lending Limitation.

The Board of Directors of the Asian Development Bank (ADB) approved the recommendation in para. 69 of the policy paper on the Removal of the ADB Charter Lending Limitation (CLL), which is set out in Article 12.1 of the Agreement Establishing the Asian Development Bank (ADB Charter).

Chair’s Summary - Review of the Asian Development Bank’s Capital Adequacy Framework

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 28 September 2023 discussing the Review of the Asian Development Bank’s Capital Adequacy Framework.

The Board of Directors of the Asian Development Bank (ADB) approved the recommendations in the Review of the Asian Development Bank’s Capital Adequacy Framework (CAF) policy paper. The framework is designed to protect the risk-bearing capacity of ADB without relying on callable capital, and to maintain ADB’s AAA rating.

Chair’s Summary - Country Partnership Strategy: Kyrgyz Republic, 2023–2027 - Fostering Inclusive, Resilient, and Private Sector–Led Growth

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 29 June 2023 discussing the Country Partnership Strategy (CPS) for Kyrgyz Republic, 2023–2027 - Fostering Inclusive, Resilient, and Private Sector–Led Growth.

Chair’s Summary - Country Partnership Strategy: India, 2023–2027 - Catalyze Robust, Climate-Resilient, and Inclusive Growth

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 30 May 2023 discussing the Country Partnership Strategy (CPS) for India, 2023–2027 - Catalyze Robust, Climate-Resilient, and Inclusive Growth.