The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India. Mio Oka succeeds Takeo Konishi who has been promoted as ADB Director General for South Asia.
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| ADB appoints Mio Oka as new Country Director for India |
Mio will be responsible for leading ADB operations in India and fostering relationships with the Government and other development partners in the country.
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She will lead the implementation of ADB's Country Partnership Strategy, 2023-2027, designed to catalyze strong, climate-resilient, and inclusive private sector-led growth in India.
Mio Oka ADB Country Director for India
A Japanese national, Mio has almost 3 decades of professional experience, including over 18 years with ADB, where she has served in various capacities since joining as a project specialist in the Mekong Department in 2005.
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After serving as advisor to the President for about 6 years, she held a managerial role as a director in the agriculture and natural resources sector and covered the South Asia region and Emerging Areas team for more than 7 years.
Prior to her tenure at ADB Oka worked with the Ministry of Foreign Affairs of Japan, the Japan Bank for International Cooperation, and the Japan International Cooperation Agency Bangladesh Office.
Education Life
Oka Oka holds a master’s degree in social policy and planning in developing countries from the London School of Economics and a bachelor’s degree in development studies and politics from the University of London.
Asian Development Bank's commitment to India
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
India is currently ADB's fourth largest shareholder and one of its largest borrowers since 2010. In 2023, ADB has pledged a sovereign loan of $2.59 billion to India in addition to $16.31 million in technical assistance and $5.25 million in grants under the Sovereign Portfolio. The current India sovereign portfolio comprises 73 projects worth a total of $15.7 billion.
ADB - India: Country Partnership Strategy (2023–2027)
The Asian Development Bank's Country Partnership Strategy (CPS) 2023-2027 for India, aligns well with India's national development priorities to be achieved by 2047, when the country will complete 100 years of independence. Economic and sector reforms and national flagship programs symbolize national priorities.
Aims
The Country Partnership Strategy (2023–2027) will advance the seven operational priorities of Strategy 2030. It aims to help India return to its growth path, it will support better health, education and social security and better urban living and rural development while ensuring gender empowerment in India.
The CPS 2023–2027 will channel financing and expertise towards stronger policies, plans and institutions to achieve net-zero carbon emissions for India.
Static Current Affairs related to Asian Development Bank (ADB) for upcoming exams
- Formation: 19 December 1966
- Full form of ADB: Asian Development Bank
- Headquarters: Manila, Philippines
- President: Masatsugu Asakawa
- Members: 68 countries
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