ADB appoints Takeo Konishi as Country Director for India

Takeo Konishi, as head of the country office in New Delhi, will be leading ADB’s operations and policy dialogue with the government and other developmental partners in India.

ADB appoints new Country Director for India
ADB appoints new Country Director for India

The Asian Development Bank (ADB) on September 14, 2020, announced that it has appointed Takeo Konishi as a Country Director of India. Takeo Konishi has succeeded Kenichi Yokoyama.

As per the official release by ADB, Kenichi Yokoyama has taken over as Director-General of ADB’s South Asia Department and will be based at ADB headquarters in Manila.

Takeo Konishi, as head of the country office in New Delhi, will be leading ADB’s operations and policy dialogue with the government and other developmental partners in India.

Takeo Konishi’s role as Country Director for India:

Konishi will be overseeing the implementation of ADB’s India Country Partnership Strategy, 2018-2022. It focuses on building the industrial competitiveness to create more jobs, addressing environmental and climate change concerns, and providing inclusive infrastructure services and networks.

Takeo Konshi’ s priority as a new Country Director will be to build on ADB’s long-standing and robust partnership with India.

ADB will also help in exploring all the options to help India in mitigating the impacts of the COVID-19 pandemic and assist in its rapid economic recovery process.

Who is Takeo Konishi?

Takeo Konishi has 22-years of professional experience, which includes almost 2 decades with ADB in many senior roles including Advisor in the Central and West Asia Department and Country Director of Uzbekistan Resident Mission.

In his role as the Director of Public Management, Financial Sector and Trade Division (SAPF) in Asian Development Bank’s South Asia Department, Mr. Konishi has proactively supported the fast-tracking of ADB’s COVID-19 programmes in South Asia.

Konishi holds a Master’s Degree in Public and International Affairs from the University of Pittsburgh, USA. He has a Bachelor’s Degree in Political Science from Lynchburg College, USA.

India and ADB: Background

Currently, India is ADB’s fourth-largest shareholder and has been its largest burrower since 2010. In 1986, as ADB commenced its lending operations in India, it has committed 242 sovereign loans amounting to USD 44.1 billion.

ADB has been committed to working closely with the Indian government to support the country in accelerating its sustainable and inclusive economic transformation.

In 2020, ADB has so far committed USD 2.2 billion in sovereign lending, which includes USD 1.5 billion support to India Government’s immediate response to COVID-19 including social protection measures and disease containment. The current portfolio of India comprises 68 projects worth about USD 13.7 billion.

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