The Asian Development Bank (ADB) Tuesday announced it has appointed Yong Ye as its new Country Director for Pakistan, effective immediately.<\/p>\n
Mr. Ye will lead ADB\u2019s operations in Pakistan and manage its Pakistan Resident Mission in Islamabad. Yong Ye will also oversee the implementation of ADB\u2019s new country partnership strategy, 2021-2025, which focuses on improving economic management, building resilience, and boosting competitiveness and private sector development, according to a press release issued by the ADB.<\/p>\n
\u201cFor more than 50 years, ADB has been a steadfast partner of Pakistan, helping to reduce poverty and promote inclusive economic growth,\u201d said ADB Director General for Central and West Asia Yevgeniy Zhukov.<\/p>\n
\u201cWith an in-depth understanding of the economic and cultural environment in Pakistan, strong strategic leadership skills, and the ability to manage complex sovereign and private sector projects effectively, Ye brings invaluable skills as ADB\u2019s Country Director for Pakistan.\u201d<\/p>\n
\u201cI am pleased to lead ADB\u2019s efforts in Pakistan and I look forward to working closely with the government and other development partners to help Pakistan overcome the COVID-19 pandemic, restore economic growth, enhance people\u2019s well-being, and achieve its development goals,\u201d Yong Ye said.<\/p>\n
Mr. Ye has more than 27 years of professional experience in international development finance and government. A national of the People\u2019s Republic of China (PRC), Ye worked as Section Chief at the PRC\u2019s Ministry of Finance before joining ADB in 2000.<\/p>\n
He held a series of increasingly senior positions at ADB, including in the Central and West Asia Urban and Water Operations Division and in the Budget, Personnel, and Management Systems Department. Ye has been Director of the Central and West Asia Urban and Water Operations Division since 2016.<\/p>\n
Mr. Ye holds a doctorate in environmental economics, a master\u2019s degree in economics, and a bachelor\u2019s degree in physics from Tsinghua University in the PRC. He succeeds Xiaohong Yang who was recently appointed Chief Thematic Officer in ADB\u2019s Sustainable Development and Climate Change Department.<\/p>\n
Pakistan is a founding member of ADB. Since 1966, ADB has committed more than $36.31 billion to promote inclusive economic growth and improve the country\u2019s infrastructure, energy and food security, transport networks, and urban and social services.<\/p>\n
ADB said it was committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members\u201449 from the region.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Asian Development Bank (ADB) Tuesday announced it has appointed Yong Ye as its new Country Director for Pakistan, effective immediately. Mr. Ye will lead ADB\u2019s operations in Pakistan and manage its Pakistan Resident Mission in Islamabad. Yong Ye will also oversee the implementation of […]<\/p>\n
\n","protected":false},"author":2,"featured_media":15080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[9436,9437,111],"class_list":["post-15077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news","tag-adb-appoints","tag-new-country-director","tag-pakistan"],"yoast_head":"\n