Connect with us

ADB appoints Khamudkhanov as new country director for Nepal

RSS

Published

on

KATHMANDU — The Asian Development Bank (ADB) has appointed  Mukhtor Khamudkhanov as new Country Director for Nepal.

Mr. Khamudkhanov will lead ADB operations in Nepal and oversee the formulation and implementation of ADB’s Country Partnership Strategy, which aims to support the country’s long-term development needs through infrastructure, human capital and private sector development, and regional integration and social inclusion, the ADB Country Office here stated.

“ADB has an extended development partnership with Nepal,” said Mr. Khamudkhanov. “My priority is to build on that partnership, work closely with the government, and effectively coordinate our country office’s extensive support to the government’s development agenda and poverty reduction efforts.”

Mr. Khamudkhanov, an Uzbek national, joined ADB in 2001 and has since held numerous leading positions. Prior to this appointment, he served as Principal Energy Specialist in the Energy Division for South Asia at ADB headquarters in Manila, Philippines.

Mr. Khamudkhanov was Senior Energy Specialist From 2007 to 2011, and prior to that he held a position of Senior Policy and Planning Specialist in the Strategy and Policy Department.

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 of Uzbekistan.

He holds a Ph.D. in Technology (Electrical Engineering) from Tashkent State Technical University, Uzbekistan, and a Master’s degree in International Affairs (Economic Policy Management) from Columbia University, New York. He also holds a Master of Science degree in Financial Management from the University of London.

Mr. Khamudkhanov replaces the outgoing Country Director Kenichi Yokoyama, who served in Nepal from 2011 and is now Country Director at ADB’s India Resident Mission.

Nepal is a founding member of ADB, which, to date, has provided the country with $5 billion in public and private sector loans, technical assistance, and grants.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.

Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members-48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.

Continue Reading

World

Maldives opposition legislator Ibrahim Mohamed Solih wins presidency

Gorkha Post

Published

on

MALE — Maldives opposition legislator Ibrahim Mohamed Solih has beaten incumbent Abdulla Yameen according to provisional results, the country’s Elections Commission says.

Results released by the Elections Commission showed Mr Solih securing 133,808 votes (58.3 percent) compared to the 95,526 for incumbent Abdulla Yameen. The voter turnout was over 88 per cent out of the 262,000-strong electorate.

The Maldives government has acknowledged the opposition’s victory after the vote on Sunday, a surprise defeat for President Abdulla Yameen who was widely expected to win.

There were no other candidates.

Mr Solih had the backing of a united opposition trying to oust Mr Yameen, but struggled for visibility with the electorate, with local media fearful of falling afoul of heavy-handed decrees and reporting restrictions.

“I call on Yameen to respect the will of the people and bring about a peaceful, smooth transfer of power,” Solih said on television, shortly after interim results from the country’s election commission.

“We have won this election with a comfortable majority,” Solih said.

Continue Reading

TOP PICKS