ADB
ADB Names Mio Oka as India’s New Country Director
Published
3 months agoon
Mio Oka has been named the new Country Director for India by the Asian Development Bank (ADB), taking over for Takeo Konishi
Mio Oka has been named the new Country Director for India by the Asian Development Bank (ADB), taking over for Takeo Konishi. Ms. Oka joins her new position with nearly three decades of professional experience, which includes more than eighteen years with ADB. Her nomination represents a critical turning point in ADB’s ongoing collaboration with India to achieve its economic expansion and development objectives.
Principal Duty
Ms. Oka’s duties as the new Country Director will include managing ADB’s activities in India and cultivating ties with the authorities and other development partners. She will oversee the execution of the ADB’s country partnership plan for India, which aims to stimulate inclusive, strong, and climate-resilient private sector-led growth. The objectives of this plan are to improve social and economic inclusivity in India, encourage green growth that is resilient to climate change, and expedite structural transformation.
History and Work Experience
Ms. Oka is a native of Japan and has extensive expertise in project management and development finance. Since 2005, she has worked with ADB in a number of positions, including director in the field of agriculture and natural resources and counselor to the president. She held positions at the Japan International Cooperation Agency Bangladesh Office, the Japan Bank for International Cooperation, and the Japanese Ministry of Foreign Affairs before joining ADB. Ms. Oka graduated from the University of London with a bachelor’s degree in development studies and politics and the London School of Economics with a master’s degree in social policy and planning in developing nations.
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The Promise of ADB to India
India has been a major beneficiary of ADB’s financial support since 2010, making it one of the bank’s top shareholders and borrowers. ADB committed $2.59 billion in sovereign financing, grants, and technical support to India in 2023 alone. With a combined value of $15.7 billion, the 73 projects in the Indian sovereign portfolio now operate. With an emphasis on ending extreme poverty, ADB is still dedicated to seeing an Asia and Pacific region that is wealthy, inclusive, resilient, and sustainable.
About ADB:
68 countries hold this organization, which was founded in 1966 with the goal of promoting sustainable development throughout Asia and the Pacific.
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