M Teresa Kho took over today as the new country director of the Asian Development Bank (ADB) succeeding Hun Kim who moved on to become deputy director general of ADB’s South Asia Department in Manila.
Kho, who was previously with ADB’s mission in Bangladesh, joined the organisation as an investment officer.
“India is one of the ADB’s most important clients. For ADB, it has been a privilege to partner with the Government of India and support the government’s development agenda. I look forward to working closely with the Government to take this partnership forward,” said Kho.
Also Read
She has spent 12 years in US where she worked with several firms such as General Electric, Sun Microsystems, and Raychem.
Between 1986 and 31 December 2013, ADB approved 180 sovereign loans amounting to $29.3 billion on a cumulative basis for India. As of 31 December 2013, 78 loans amounting to around $10.7 billion were ongoing.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%