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ADB appoints new country director for Vietnam

The Asian Development Bank (ADB) on July 24 appointed Shantanu Chakraborty as its new Country Director for Vietnam, succeeding Andrew Jeffries who ended his term as Country Director on April 27.
ADB appoints new country director for Vietnam ảnh 1The Asian Development Bank (ADB) on July 24 appoints Shantanu Chakraborty as its new Country Director for Vietnam. (Photo: VNA)

Hanoi (VNA) - The Asian Development Bank(ADB) on July 24 appointed Shantanu Chakraborty as its new Country Director forVietnam, succeeding Andrew Jeffries who ended his term as Country Director onApril 27.

Chakraborty will lead ADB’s operations in the country,represent the bank in policy dialogue, and further foster its relationship withthe government and other stakeholders. He will supervise the implementation of thecountry partnership strategy for 2023–2026, which focuses on Vietnam’s transitionto a green economy, harnessing the private sector, and promoting social equity.

He expressed his honour to be appointed as the CountryDirector for Vietnam, saying that for 30 years, ADB has been a trusted partner of the governmentand the people of Vietnam.

“I am pleased to lead ADB’s ongoing efforts to furtherstrengthen the partnership between the bank and Vietnam. ADB is continuing itslending and nonlending support to foster inclusive, green, and privatesector-led growth in Vietnam, and building the foundation for the country toachieve the goal of becoming an upper middle-income country by 2030,” Chakrabortysaid.

Established in 1966, ADB is committed to achieving a prosperous, inclusive,resilient, and sustainable Asia and the Pacific, while sustaining its effortsto eradicate extreme poverty. It has committed 457 public sector loans, grants, and technical assistance totaling 16.5 billion USD to Vietnam./.

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