Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia.

Abbreviation ADB
Formation 19 December 1966; 56 years ago
Type Multilateral Development Bank
Legal status Treaty
Purpose Social and Economic Development
Headquarters Mandaluyong, Philippines
Region served
Indo-Pacific
Membership
68 countries
President
Masatsugu Asakawa (from 17 January 2020)
Main organ
Board of Governors
Staff
3,092
Website www.adb.org

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