Presented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany

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1 Asian Development Bank ADB Business Opportunities Seminar AICEP Portugal Global Av. 5 de Outubro, Lisboa 4 October 2012 Introduction ti to ADB Presented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany BOS 1

2 Outline Who are we? Strategy 2020 Organization & Governance Norway and ADB Europe and ADB BOS 2

3 Who are we? Regional Multilateral Development Bank Established in 1966 A partnership of 67 countries (31 in 1966) 42 client countries (developing members countries or DMCs) 29 offices worldwide 2958 employees (as of 31 December 2011) BOS 3 ADB Provides development assistance through Loans Grants Technical assistance Advice and knowledge sharing

4 Largest Borrowers Pakistan India Indonesia India India Viet Nam PRC PRC PRC PRC India Pakistan Viet Nam Bangladesh Viet Nam PRC Indonesia India Viet Nam Pakistan Indonesia Philippines Philippines Indonesia Uzbekistan Bangladesh Vietnam Bangladesh Uzbekistan Bangladesh ** Excluding cofinancing BOS 4

5 Strategy 2020 What is Strategy 2020? The Long-Term Strategic Framework of the ADB Vision An Asia and the Pacific free from poverty BOS 5 Strategic agenda Inclusive economic growth Environmentally sustainable growth Regional Integration

6 Strategy 2020 (2) Identifies five core areas of operation Infrastructure Environment including climate change Regional cooperation and integration Finance sector development Education Other areas Health Agriculture Disaster and Emergency Assistance BOS 6

7 Organization and Governance Ownership 67 shareholders (48 regional, 19 non regional members) Japan & USA are the largest shareholders with 15.65% each Other larger shareholders are: Regional: PRC (6.46%), India (6.35%), Australia (5.8%), Indonesia (5.17%) Non-regional: Canada (5.25%) and Germany (4.3%) BOS 7

8 Organization and Governance Governance BOARD OF GOVERNORS Delegates powers to Board of Directors except for : Admission i of New Members Change in Authorized Capital Stock Election of President and Board of Directors Amendments to Charter BOARD OF DIRECTORS BOS 8

9 Organization and Governance Organization BOARD OF DIRECTORS President Managing Director General VP KMSD Regional & Sustainable Development Dep. Economics & Research Dep. Office of Information Systems & Techn. Office of the Auditor General Office of Anticorruption & Integrity VP Operations 1 VP Operations 2 South Asia Department Central & West Asia Department East Asia Department Southeast Asia Department Pacific Department Central Operations Services Office VP Private Sector & Cofinancing Private Sector Operations Dept. Office of Cofinancing Operation VP Finance & Admin Office of the Secretary Office of the General Counsel Budget, Personnel & Management Syst. Dept. Office of Admin. Services Controller s Department Strategy & Policy Department Treasury Department Office of Regional Economic Integration Office of the Special Project Facilitator Office of Risk Management BOS 9 Department of External Relations

10 Organization and Governance Board of Directors Kazakhstan; Maldives; Marshall Islands; Mongolia; Pakistan; Philippines; Timor-Leste People s Republic of China United States Canada; Denmark; Finland; Ireland; Netherlands; Norway; Sweden Republic of Korea; Papua New Guinea; Sri Lanka; Taipei,China; Uzbekistan; Vanuatu; Viet Nam Belgium; France; Italy; Portugal; Spain; Switzerland BOS 10 Armenia; Cook Islands; Fiji; Indonesia; Kyrgyz Republic; New Zealand; Samoa; Tonga Brunei Darussalam; Malaysia; Myanmar; Nepal; Singapore; Thailand Austria; Germany; Luxembourg; Turkey; United Kingdom Afghanistan; Bangladesh; Bhutan; India; Lao PDR; Tajikistan; Turkmenistan Australia; Azerbaijan; Cambodia; Georgia; Hong Kong, China; Kiribati; Fed. States of Micronesia; Nauru; Palau; Solomon Islands; Tuvalu Japan

11 Portugal and ADB Governor and Executive Director Governor for Portugal Honorable Vitor Gaspar Governor for Portugal in the Asian Development Bank Minister of State and Finance Av. Infante D. Henrique, No 1, 1 o Lisboa, Portugal Executive Director for Portugal Mr. Jérôme Destombes is the ADB Executive Director representing Portugal on the ADB Board of Directors. BOS 11

12 Portugal and ADB Shareholding and Voting power (as of 31 December 2011) Shares Portugal s share: 0.11% Voting Portugal s voting power: 0.39 % BOS 12

13 Portugal and ADB Procurement statistics Portugal s Share of Procurement Contracts Type of procurement Amount ($ million) % of Total Amount ($ million) % of Total Cumulative (as of 31 Dec 2011) Amount ($ million) % of Total Goods & Works Consulting BOS 13 - = nil, 0.00 = less than.01 Notes: Based on Nationality of contractor Project and Program Loans

14 ADB and Europe ADB European Representative Office Represent ADB in its European Member countries and network with decision makers and opinion leaders through information sharing and dialogue. Co-ordinate outreach programmes for ADB in Europe involving ADB Management and staff. Manage relationships with European and Europe based international media through press briefings and news releases. BOS 14

15 ADB and Europe European Members Countries ADB has 17 European member countries Austria (1966) Ireland (2006) Sweden (1966) Belgium (1966) Italy (1966) Switzerland (1967) Denmark ( 1966) Luxembourg (2003) The Netherlands (1966) Finland (1966) Norway (1966) Turkey (1991) France (1970) Portugal (2002) United Kingdom (1966) Germany (1966) Spain (1986) BOS 15

16 ADB and Europe European Members Countries European members capital subscription combines to more than $25.57 billion or 15.68% European companies and consultants have been awarded over $12.69 billion in procurement contracts from ADB financed projects since 1967 Europeans consist of approximately 20% of ADB s international staff BOS 16

17 Thank You Sarah Clare O'Keeffe External Relations Officer European Representative e Office Rahmhofstrasse 2, Frankfurt am Main Germany sokeeffe@adb.org BOS 17

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