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Prime Minister elected Chair of the Asian Development Bank Board of Governors

Prime Minister Mahinda Rajapaksa, who, as the Minister of Finance, serves as the Governor for Sri Lanka of the Asian Development Bank (ADB), was elected Chair of the ADB Board of Governors for the year 2021/2022 during the 54th Annual Meeting that was held virtually this afternoon. The annual meeting that was originally scheduled to be held in Tbilisi, Georgia, had to take place in a virtual format due to the current pandemic. During the meeting, the Governors of Austria and Mongolia were also elected as Vice-Chairs. The 55th Annual Meeting of the ADB Board of Governors is scheduled to be held in Colombo next year.

Woochong Um made ADB MDG-537450

Market Digest Diplomatic Correspondent 22nd February, 2021 11:36:11 The Asian Development Bank (ADB) has appointed Woochong Um as Managing Director General and he will assume office immediately. Um will report to ADB President Masatsugu Asakawa and support the President to institute bank-wide coherence on key initiatives and issues, according to a message received from ADB in Manila on Monday. Woochong Um will play a key role in enhancing ADB’s internal and external communications across all activities that involve operations, knowledge, fundraising, and institutional reforms. He will support the President in providing oversight to ADB’s Department of Communications, Office of Professional Conduct, and Office of the Ombudsperson.

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