The Asian Development Bank (ADB) has hired a new Country Director for Pakistan from China, Xiaohong Yang. As per the press statement of ADB, the new director is going to be ADB’s first female Country Director in Pakistan as well as the first national of the People’s Republic of China (PRC) to work in Pakistan.
“I am very pleased to announce Ms. Yang as ADB’s new Country Director for Pakistan,” said Sean O’Sullivan, Director General for Central and West Asia at ADB. “Pakistan’s recent growth and
development has been impressive. With further economic and structural reforms taking place and new opportunities emerging, Ms. Yang will bring to this key position strategic leadership and considerable experience in the region to support this transformation.”
Moreover, Yang will lead the implementation of ADB’s Country Partnership Strategy 2015-2019 for Pakistan, which focuses mainly on institutional reforms and infrastructural development. Also, ADB has been giving a loan of almost $1.5 billion per year to Pakistan over the last three years, the statement added.
Yang plans to boost ADB operations in Pakistan in order to support the country’s development goals by initiating regional initiatives such as China-Pakistan Economic Corridor (CPEC) and Central Asian Regional Cooperation (CAREC).
“Pakistan has a fast improving economy led by a youthful, dynamic workforce. ADB is committed to assist the country to boost growth and spur job creation through our support to energy, transport, agriculture, urban services, and public private partnerships,” said Ms. Yang. “I am looking forward to working with the government, private sector, development partners, civil society, and other stakeholders to help Pakistan achieve its development targets.”
Yang takes the place of ADB’s former Country Director Werner E. Liepach, who served our country since 2011. He now returned to ADB headquarter in the Philippines