Home / / ADB Director General in town

ADB Director General in town


Comments / 2650 Views / Monday, 25 June 2012 01:49


Asian Development Bank’s (ADB) new Director General of South Asia Department Juan Miranda will visit Sri Lanka from 25 to 27 June, where he is expected to meet with top Government officials and representatives from the private sector to discuss ADB’s development assistance to the country.

During the visit, Miranda is scheduled to have consultations with senior Government officials from key ministries on ADB’s operations in Sri Lanka, while pledging ADB’s continued support for the Government’s efforts to promote inclusive and sustainable growth.  Miranda will also hold discussions with executives of private companies at a roundtable session organised by the Ministry of Finance and Planning.

This is Miranda’s first to Sri Lanka since taking up the position of Director General of ADB’s South Asia Department in April 2012.   

As Director General of ADB’s South Asia Department, Miranda is responsible for leading ADB’s operations in Sri Lanka and five other countries, namely India, Bangladesh, Nepal, Bhutan and Maldives.

Prior to this appointment, Miranda was the Director General of ADB’s Central and West Asia Department. He was previously in charge of ADB’s Innovation Efficiency Initiative tasked with driving efficiency in the business cycle and the development of new financial instruments.

Miranda has also previously worked in investment and commercial banking in Asia, Europe and Latin America, specialising in project finance.  

Sri Lanka is a founding member of ADB in 1966 and as of 31 December 2011 ADB has approved a total of 162 loans with a cumulative lending of $ 5.32 billion. In addition, ADB provided $356 million grant assistance (including ADB administered co financed grants) for projects and $114.8 million through 249 technical assistance grants. ADB’s assistance to Sri Lanka during the next three years will be around $300 million a year.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members – 48 from the region.


Share This Article


COMMENTS

Today's Columnists

Plastic bags: So easy to substitute and so difficult to get rid of

30 March 2017

  Lately very encouraging news was published related to an increased number of countries and cities banning non-reusable plastic bags. Amongst them, Kenya and Delhi.  Currently Botswana, Eritrea, Kenya, Mauritania, Mor...


The political hypocrisy of President Maithripala Sirisena: Muslim IDPs tossed out

29 March 2017

President Maithripala Sirisena A Tamil saying goes thus: “Stealing the neighbour’s chicken for the mother’s almsgiving.”  President Sirisena in his total betrayal of the Muslims did just that with on...


The new technology revolution

29 March 2017

Japan, China, Singapore, Thailand and even India are automating industry at speed   By C. R. de Silva Current global developments Revolutionary changes in technology, following on the heels of globalisation, are c...


People management in a rapidly transforming business world

29 March 2017

It is well known that businesses have to constantly evolve to keep pace with the changes around them. The rise of digital technologies is disrupting the way we work and live. Technologies that didn’t exist till about a decade ago have now be...


Columnists More