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ADB Recruitment Information Session at Harvard 2016

AsianDevelopmentBank1
AsianDevelopmentBank1

Asian Development Bank (ADB) hosted an Information Session last 11 October 2016, 6:00p.m. at the Harvard Kennedy School. Mr. WooChong Um, the Secretary of ADB talked about ADB's strategic view, operations, and talents needs. ADB is the leading development finance institution dedicated to reducing poverty and improving peoples lives in Asia and the Pacific. It is committed to helping its developing member countries evolve into thriving, modern economies that are well integrated with each other and the world. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. ADB achieves these objectives through financing tools and knowledge products in infrastructure and other sectors with both public and private partners. ADB offers exciting career opportunities for young and talented professionals. ADB hires from 67 countries in Asia and the Pacific, North America, and Europe.

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Woochong Um The Secretary, Asian Development Bank 11 October 2016
Join the fight against poverty, help improve lives in Asia and the Pacific Why do we exist? Who we are? Who, how we hire? What to expect? 2
The rise of Asia Why we exist
1,400,000,000 Why we exist
850,000,000
2,000,000,000
100,000,000
The people behind these numbers give purpose and meaning to our work at the Asian Development Bank
Who we are Founded in 1966 67 members 48 in the region 41 borrowing members Japan and the United States are the 2 largest members
Where we work Manila HQ 31 field offices Who we are
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
Are we a financial institution? OR development institution?
Strategy 2020 (S2020) Three strategic agendas inclusive growth environmentally sustainable growth regional integration Five drivers of change 1.Private sector development and private sector operations 2.Good governance and capacity development 3.Gender equity 4.Knowledge solutions 5.Partnerships Vision: An Asia and Pacific Free of Poverty
ADB Operations ADB supports developing member countries in Asia and the Pacific through: Ordinal Capital Resources (OCR) Asian Development Fund Special funds TA Funds and other trust funds Funding Source Loan Guarantee Equity Investment Grants Technical Assistance (TA) Types of Assistance 21
ADB Portfolio 2015 Assistance by Sector - $27.17 billion $1.09 B AGRICULTURE, NATURAL RESOURCES & RURAL DEVELOPMENT $0.54 B INFORMATION & COMMUNICATION TECHNOLOGY $0.38 B HEALTH $0.03 B INDUSTRY & TRADE $0.02 B MULTISECTOR $9.97 B ENERGY $1.58 B EDUCATION $1.73 B PUBLIC SECTOR MANAGEMENT $2.54 B WATER & OTHER URBAN INFRASTRUCTURE & SERVICES $4.22 B TRANSPORT $5.08 B FINANCE 2
ADB Portfolio 2015 Assistance by Region SOUTHEAST ASIA $7.95 billion REGIONAL $0.54 billion CENTRAL AND WEST ASIA $7.30 billion SOUTH ASIA $7.80 billion EAST ASIA $3.12 billion PACIFIC $0.46 billion 23
An Example Nam Theun 2 Project Development of a 1070 MW power plant on Nam Theun River, a tributary of Mekong Create a 450 km2 reservoir Discharge diverted water into Xe Bang Fai river. Export to Thailand (95%), domestic use (5%)
ADB Recruitment Information Session at Harvard 2016
BOT hydro project in Lao PDR: 1,070 MW Developed through a PPP arrangement between EDF(France), EGCO/Ital-Thai (Thai) and the Government of Lao PDR (LHSE). Power exports to Thailand: up to 995 MW under 25 year take-or-pay PPA Final project cost: $1.3 billion ADBs role: $50 million project loan $50 million political risk guarantee $20 million loan to the Lao government NAM THEUN 2 Transaction Outline 6
NAM THEUN 2 Contractual Structure 7
Macroeconomic Economic & Financial Technical Safeguards review (environment / social) Procurement Cumulative impact assessment Commercial due diligence Consultation Areas of Due Diligence
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
38
ADB Recruitment Information Session at Harvard 2016
ADB Recruitment Information Session at Harvard 2016
41
International Staff Jobs Strategy & Policy Who we hire
International Staff (143 at Field Offices) Local Staff (HQ) Local Staff (Field offices) *as of 31 Dec 2015 3098 Staff from 59 member countries Who we hire
Background for International Staff Experience: Minimum of 5 - 8 years Post-graduate degree Communication capability International Experience Who we hire
Values Committed Dedicated Accountable Driven Collegial ADB hires talent who strives to grow, develop, and contribute to ADBs success Who we hire
Breadth Depth Who we hire
Candidates are sourced by posting, recruitment mission, and Linkedin Screening & Short-listing Preliminary Interviews HQ Final Interviews Preliminary Offer Final Offer 1 2 3 4 5 6 How we hire
Young Professionals Program (YPP) Whether you like the excitement of problem solving, the fulfillment of moving and shaking things, the joy of working with smart and supportive colleagues, you will find it in your work with Asian Development Bank. Ye Xu Young Professional Southeast Asia Regional Department Harvard T.H. Chan School of Public Health, 2013
Fostering foundation of knowledge and skill through rotational assignments. Young Professionals Program (YPP) Part of International Staff For highly qualified candidates with potential to grow Not more than 33 years old upon joining ADB At least 3 years of work experience Offer salary range US$79,000 - 83,000 Exposure to a range of work experience through rotational assignments across different functions Work with teams on project review and completion, country programming, sector and policy studies, or disbursement
Compensation ADB's compensation system is "market-driven Positioned competitively relative to 6 IFI and IO comparators: EBRD, IDB, IMF, OECD, UN and WB 3 steps to learn more about ADBs salary information: (1)www.adb.org (2)Go to Careers (3) Go to What We Offer What to expect
Appointment Insurance & Health Leave Benefits Housing Assistance Home Country Travel Education Assistance Dependency Allowance Overseas Duty Station Allowance Staff Retirement Plan Relocation Allowance Non-monetary/ Privileges Work-Life Balance Domestic Partnership Expat Privileges Spouse Employment What to expect
2+ month learning opportunity for graduate students Project-oriented Report/Presentation Host Departments: - Sovereign & Non-Sovereign Operations - Knowledge Departments ADB values interns as a resource for generating and sharing knowledge; a pool of potential future talent for ADB. Internship Program
Students enrolled in a Masters or PhD level program at a school in one of the ADB member countries, both prior to and after the internship assignment; Assignments posted in on-line application system Short-listing and interviews by host departments Internship Program Eligibility & Selection
Internship Program 2017 Schedule Application Period Internship Assignments (2 - 6 months) 1st Batch 15 August 15 October 2016 January 2017 onwards 2nd Batch 15 January 15 March 2017 June 2017 onwards
For More Information and Next Steps ADB Homepage http://www.adb.org/careers For queries Email us: adbemp@adb.org Follow us on LinkedIn http://www.linkedin.com/compa ny/asian-development-bank Visit:
Thank you

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ADB Recruitment Information Session at Harvard 2016

  • 1. Woochong Um The Secretary, Asian Development Bank 11 October 2016
  • 2. Join the fight against poverty, help improve lives in Asia and the Pacific Why do we exist? Who we are? Who, how we hire? What to expect? 2
  • 3. The rise of Asia Why we exist
  • 8. The people behind these numbers give purpose and meaning to our work at the Asian Development Bank
  • 9. Who we are Founded in 1966 67 members 48 in the region 41 borrowing members Japan and the United States are the 2 largest members
  • 10. Where we work Manila HQ 31 field offices Who we are
  • 20. Strategy 2020 (S2020) Three strategic agendas inclusive growth environmentally sustainable growth regional integration Five drivers of change 1.Private sector development and private sector operations 2.Good governance and capacity development 3.Gender equity 4.Knowledge solutions 5.Partnerships Vision: An Asia and Pacific Free of Poverty
  • 21. ADB Operations ADB supports developing member countries in Asia and the Pacific through: Ordinal Capital Resources (OCR) Asian Development Fund Special funds TA Funds and other trust funds Funding Source Loan Guarantee Equity Investment Grants Technical Assistance (TA) Types of Assistance 21
  • 22. ADB Portfolio 2015 Assistance by Sector - $27.17 billion $1.09 B AGRICULTURE, NATURAL RESOURCES & RURAL DEVELOPMENT $0.54 B INFORMATION & COMMUNICATION TECHNOLOGY $0.38 B HEALTH $0.03 B INDUSTRY & TRADE $0.02 B MULTISECTOR $9.97 B ENERGY $1.58 B EDUCATION $1.73 B PUBLIC SECTOR MANAGEMENT $2.54 B WATER & OTHER URBAN INFRASTRUCTURE & SERVICES $4.22 B TRANSPORT $5.08 B FINANCE 2
  • 23. ADB Portfolio 2015 Assistance by Region SOUTHEAST ASIA $7.95 billion REGIONAL $0.54 billion CENTRAL AND WEST ASIA $7.30 billion SOUTH ASIA $7.80 billion EAST ASIA $3.12 billion PACIFIC $0.46 billion 23
  • 24. An Example Nam Theun 2 Project Development of a 1070 MW power plant on Nam Theun River, a tributary of Mekong Create a 450 km2 reservoir Discharge diverted water into Xe Bang Fai river. Export to Thailand (95%), domestic use (5%)
  • 26. BOT hydro project in Lao PDR: 1,070 MW Developed through a PPP arrangement between EDF(France), EGCO/Ital-Thai (Thai) and the Government of Lao PDR (LHSE). Power exports to Thailand: up to 995 MW under 25 year take-or-pay PPA Final project cost: $1.3 billion ADBs role: $50 million project loan $50 million political risk guarantee $20 million loan to the Lao government NAM THEUN 2 Transaction Outline 6
  • 27. NAM THEUN 2 Contractual Structure 7
  • 28. Macroeconomic Economic & Financial Technical Safeguards review (environment / social) Procurement Cumulative impact assessment Commercial due diligence Consultation Areas of Due Diligence
  • 38. 38
  • 41. 41
  • 42. International Staff Jobs Strategy & Policy Who we hire
  • 43. International Staff (143 at Field Offices) Local Staff (HQ) Local Staff (Field offices) *as of 31 Dec 2015 3098 Staff from 59 member countries Who we hire
  • 44. Background for International Staff Experience: Minimum of 5 - 8 years Post-graduate degree Communication capability International Experience Who we hire
  • 45. Values Committed Dedicated Accountable Driven Collegial ADB hires talent who strives to grow, develop, and contribute to ADBs success Who we hire
  • 47. Candidates are sourced by posting, recruitment mission, and Linkedin Screening & Short-listing Preliminary Interviews HQ Final Interviews Preliminary Offer Final Offer 1 2 3 4 5 6 How we hire
  • 48. Young Professionals Program (YPP) Whether you like the excitement of problem solving, the fulfillment of moving and shaking things, the joy of working with smart and supportive colleagues, you will find it in your work with Asian Development Bank. Ye Xu Young Professional Southeast Asia Regional Department Harvard T.H. Chan School of Public Health, 2013
  • 49. Fostering foundation of knowledge and skill through rotational assignments. Young Professionals Program (YPP) Part of International Staff For highly qualified candidates with potential to grow Not more than 33 years old upon joining ADB At least 3 years of work experience Offer salary range US$79,000 - 83,000 Exposure to a range of work experience through rotational assignments across different functions Work with teams on project review and completion, country programming, sector and policy studies, or disbursement
  • 50. Compensation ADB's compensation system is "market-driven Positioned competitively relative to 6 IFI and IO comparators: EBRD, IDB, IMF, OECD, UN and WB 3 steps to learn more about ADBs salary information: (1)www.adb.org (2)Go to Careers (3) Go to What We Offer What to expect
  • 51. Appointment Insurance & Health Leave Benefits Housing Assistance Home Country Travel Education Assistance Dependency Allowance Overseas Duty Station Allowance Staff Retirement Plan Relocation Allowance Non-monetary/ Privileges Work-Life Balance Domestic Partnership Expat Privileges Spouse Employment What to expect
  • 52. 2+ month learning opportunity for graduate students Project-oriented Report/Presentation Host Departments: - Sovereign & Non-Sovereign Operations - Knowledge Departments ADB values interns as a resource for generating and sharing knowledge; a pool of potential future talent for ADB. Internship Program
  • 53. Students enrolled in a Masters or PhD level program at a school in one of the ADB member countries, both prior to and after the internship assignment; Assignments posted in on-line application system Short-listing and interviews by host departments Internship Program Eligibility & Selection
  • 54. Internship Program 2017 Schedule Application Period Internship Assignments (2 - 6 months) 1st Batch 15 August 15 October 2016 January 2017 onwards 2nd Batch 15 January 15 March 2017 June 2017 onwards
  • 55. For More Information and Next Steps ADB Homepage http://www.adb.org/careers For queries Email us: adbemp@adb.org Follow us on LinkedIn http://www.linkedin.com/compa ny/asian-development-bank Visit: