The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sameer Kumar Khare as new Executive Director of Asian Development Bank (ADB), Manila. Khare is a 1989-batch Indian Administrative Service (IAS) officer of Assam cadre. He is currently serving as Additional Secretary in the Department of Economic Affairs under Ministry of Finance. He has been appointed to the post for a tenure of three years with effect from the date of assumption of the charge of the post or until further orders, whichever is earlier.
Important takeaways for all competitive exams:
- President of Asian Development Bank: Masatsugu Asakawa.
- Asian Development Bank Headquarters: Mandaluyong, Philippines.
- Asian Development Bank Founded: 19 December 1966.
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