ADB appoints new country director for Nepal


    Nov 24, 2017-Mukhtor Khamudkhanov has been appointed as new Country Director for Nepal by the Asian Development Bank (ADB).

    He will be replacing the outgoing Country Director Kenichi Yokoyama, who served in Nepal from 2011 and is now Country Director at ADB’s India Resident Mission.

    Khamudkhanov, an Uzbek national, will lead ADB operations in Nepal and oversee the formulation and implementation of ADB’s Country Partnership Strategy (CPS). The CPS aims to support Nepal’s long term development needs through infrastructure, human capital and private sector development along with regional integration and social inclusion.

    He joined the ADB in 2001 and has held numerous leading positions such as Principal Energy Specialist in the Energy Division for South Asia in Manila Philippines. He has also served as Deputy Director and Chief Expert in the Division for Cooperation with International Financial and Economic Institutions in the Cabinet of Ministers in Uzbekistan. He holds a PhD in Technology (Electrical Engineering) , a Master’s degree in International Affairs (Economic Policy Management) and a Master of Science degree in Financial Management.

    Nepal is a founding member of ADB which is based in Manila and dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.

    To date, the ADB has provided Nepal with $5 billion in public and private sector loans, technical assistance and grants.

    Source: The Kathmandu Post