The Asian Development Bank is a regional development bank. It was established on 19th December 1966.
It is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty.
Headquarters-Manila, Philippines.
The ADB has 68 shareholding members countries including 49 from the Asia and Pacific region. Hence, statement 1 is correct.
Brazil is not a member of ADB. Hence, statement 3 is not correct.
Masatsugu Asakawa is the current president of ADB.
There has always been a Japanese president since its inception. Hence, statement 2 is correct.
ADB maximizes the development impact of its assistance by-
facilitating policy dialogues
providing advisory services
mobilizing financial resources through co-financing operations that tap official, commercial, and export credit sources.
Strategy 2030 sets the course for ADB’s efforts to respond effectively to the Asia and Pacific region’s changing needs.
Under Strategy 2030, ADB will expand its vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.