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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
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%)
 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
 ADB’s 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
38
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 ADB’s 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 ADB’s 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
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  • 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%)
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  • 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  ADB’s 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
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  • 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 ADB’s 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 ADB’s 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: