ADB names Mio Oka as India Country Director

The Asian Development Bank (ADB) announced the appointment of Mio Oka as its country director for India. It was disclosed that she would be succeeding Takeo Konishi, who had been elevated to the position of ADB Director General for South Asia at the Manila headquarters. In a statement, ADB revealed that Oka would be responsible for overseeing ADB operations in India and cultivating relationships with the government and other development partners in the country. ADB stated that she would be taking the lead in implementing the ADB's country partnership strategy for the years 2023-2027. The strategy is crafted to stimulate robust, climate-resilient, and inclusive growth in the private sector in India. The statement further explained that the strategy's objectives included hastening structural transformation and job creation, advocating for climate-resilient green growth, and enhancing social and economic inclusivity. Since the initiation of its country operations in 1986, ADB has consistently been a supportive collaborator in advancing India's development objectives and economic progress. Oka, in a statement, conveyed ADB's dedication to reinforcing India's momentum in inclusive and green growth through strategic investments. These investments are aimed at addressing crucial challenges in infrastructure, human development, and climate risk vulnerability, while also promoting the development of the private sector.