The Asian Development Bank (ADB) has joined the IVSC as an Institutional Member organisation, marking an important step towards enhancing transparency and accountability in the financial and development sectors. This new association aligns with ADB’s commitment to sustainable and ethical development practices.
The Asian Development Bank (ADB), headquartered in Mandaluyong, Metro Manila, Philippines, is a key player among global development banks, focusing on economic and social progress in Asia since its establishment in 1966. With 68 member countries, it operates similarly to the World Bank, promoting transparency through annual reports and advancing education via the ADB-Japan Scholarship Program. As a significant United Nations Observer, its largest shareholders include Japan, the United States, China, India, and Australia.
The IVSC will work with ADB and our wider network of members to support the application of IVS, and to ensure the standards develop with an understanding of the challenges and needs of development banks. These engagements include creating capacity-building programmes for ADB personnel, organising events on topics relevant to the region, and collaborating with IVSC on specific ventures. This initiative is targeted at improving valuation standards, benefiting ADB and its stakeholders alike.
Through our collaboration with the ADB, the IVSC looks forward to supporting their work in building a prosperous, inclusive, resilient, and sustainable Asia-Pacific region, with a focus on eradicating extreme poverty.
Become a Member of the IVSC
Member organisations work with the IVSC to develop and promote the International Valuation Standards and the global valuation profession. They become part of the IVSC’s Advisory Forum of member organisations, and can participate in working groups and other initiatives aimed at building trust in valuation.