The FINANCIAL — MANILA, PHILIPPINES (27 September 2018) — Asian Development Bank (ADB) President Mr. Takehiko Nakao visited the Asian Institute of Management (AIM) in Manila yesterday where he gave a lecture and discussed areas of joint interest and cooperation with AIM Dean Ms. Jikyeong Kang and faculty members.
“Both our organizations were established around the same time in the same city with a common objective of supporting development in Asia,” Mr. Nakao said during his lecture on Poverty Alleviation Across Asia for Inclusive Economic Growth, attended by around 100 faculty members, post-graduate students, and alumni.
AIM is one of the original partner universities of the ADB-Japan Scholarship program launched in 1988. A total of 489 scholars have completed their studies at AIM, and a further 17 scholars are currently enrolled. Graduates have used their knowledge and skills to promote development in their own countries.
On 4 September, ADB and AIM signed a cooperation agreement to collaborate on research and development of innovation programs and activities, and capacity building and the promotion of innovation programs at both institutions.
ADB is 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 67 members—48 from the region. In 2017, ADB operations totaled $32.2 billion, including $11.9 billion in cofinancing.