The Asian Development Bank (ADB) has appointed Shixin Chen as Vice-President for Operations. Chen will be responsible for operations in the South Asia Department and the Central and West Asia Department.
Chen currently heads the Department of International Economic and Financial Cooperation at the Ministry of Finance of the People's Republic of China (PRC). Since 1998, Chen has held senior positions in the Ministry of Finance, overseeing areas of public finance and partnerships with multilateral development banks.
He was World Bank's Executive Director for the PRC from 2013 to 2016 and has been a Board Director for the PRC in the New Development Bank and the Asian Infrastructure Investment Bank since 2016. From 2012 to 2014, he was a Board Director in the Credit Guarantee and Investment Facility.
Chen holds a doctorate in Economics from the Graduate School of the Research Institute for Fiscal Science, and a master's degree in Public Policy Management of the Mason Program of the John F. Kennedy School of Government in Harvard University.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 67 members—48 from the region. In 2017, ADB operations totalled $32.2 billion, including $11.9 billion in co-financing.
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