PM elected as Chair of ADB's Board of Governors

Rebecca Pavey | Published: 8:18 PM May 5 2021
Local PM elected as Chair of ADB's Board of Governors

Prime Minister Mahinda Rajapaksa, currently serving as the Governor for Sri Lanka of the Asian Development Bank (ADB) in his capacity as the Minister of Finance, was elected Chair of the ADB Board of Governors for the  year 2021/2022 during the 54th Annual Meeting that was held virtually this afternoon (05).

The annual meeting that was originally scheduled to be held in Tbilisi, Georgia, had to take place in a virtual format due to the current pandemic. 

"Fellow Governors, emerging Asia has a responsibility to lead the world. We must ensure sustainable practices that will make our environment resilient to climate change. Our policy solutions must be environmentally and socially sustainable. We must preserve our way of life for future generations. The need now is to collectively cooperate in addressing our common issues. Towards this goal, we must be ready to adopt practices and technologies that help us make use of natural resources more efficiently.", the Prime Minister said. 

A multitude of issues, including those concerning renewable energy sources, women empowerment and the maintenance of a 'green economy' were discussed, whilst the Governors of Austria and Mongolia were also elected as Vice-Chairs.

The 55th Annual Meeting of the ADB Board of Governors is scheduled to be held in Colombo next year.

Rebecca Pavey | Published: 8:18 PM May 5 2021

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