Exams MCQS Asian Development Bank

Asian Development Bank

Following are the points related to Asian Development Bank:

  1. ADB was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
  2. The Philippine’s capital of Manila was chosen to host the new institution, which opened on December 19,1966,with 31 members that came together to serve a predominantly agricultural region. Its currency membership is 68 countries.
  3. An interesting fact about ADB is that its all presidents come from Japan.
  4. Takeshi Watanabe was ADB’s first president.
  5. Current President: Masatsugu Asakawa (Japan) (January 2020-present).
  6. Headquarters: Manila, Philippines.

Meetings

  1. 47th ADB Annual Meeting 2014:Astana,Kazakhstan
  2. 48th ADB Annual Meeting 2015: Baku, Azerbaijan
  3. 49th ADB Annual Meeting 2016:Frankfurt,Germany
  4. 50th ADB Annual Meeting 2017:Yokohama,Japan
  5. 51st ADB Annual Meeting 2018:ADB Headquarters, Manila
  6. 52nd ADB Annual Meeting 2019:Nadi,Fiji
  7. 53rd ADB Annual Meeting 2020: Incheon Metropolitan City, Republic of Korea (it was held virtually online due to COVID-19)
  8. 54th ADB Annual Meeting 2021:Virtual Meeting(3-5 May)
  9. 55th ADB Annual Meeting 2022:Colombo, Sri Lanka (to be held)

Back to main menu (One-liner)