Committees: Board of Directors

Board members serve on committees to oversee and give guidance on different aspects of ADB's operations and governance.

Audit & Risk Committee

The Audit & Risk Committee is responsible for assisting the Board of Directors to fulfill its responsibility of ensuring that ADB's financial reporting and internal controls, including audits, are adequate and undertaken efficiently.

In particular, the Committee:

  • advises on the appointment of ADB's independent Outside Auditor
  • reviews the annual audit plan of the Outside Auditor
  • reviews the annual audit plan of the internal General Auditor, who administratively reports to the President
  • meets regularly with both the General Auditor and the Outside Auditor on audit findings and recommendations, financial systems and internal controls, accounting and auditing standards, and coordination of internal and outside audit plans and activities
  • meets with the Controller, General Auditor, Outside Auditor and other ADB staff, as required, to review ADB's annual financial statements before these are published in the Annual Report
  • reports to the Board at least annually on its activities and recommendations

Committee Members

Audit & Risk Committee (Composition as of 26 Feb 2024)
Chair Roger Fischer Executive Director
Vice Chair Made Arya Wijaya Executive Director
Members Chantale Yok-Min Wong Executive Director
Bertrand Furno Executive Director
Nim Dorji Alternate Executive Director
Noor Ahmed Alternate Executive Director

Email the committee or call + 632 8632 1552