Singapore center provides a one-stop-shop for enquiries and business opportunities with project sponsors, contractors, advisors, financiers, and more
The Asian Development Bank (ADB) has appointed Jackie Surtani as Regional Director of its Singapore Office, where he will lead efforts to deepen cooperation between ADB and the Government of Singapore and the financial sector, as well as explore opportunities for private and public sector projects across the region with a strong focus on climate action.
“Singapore plays a key role in fostering sustainable development across the region by serving as a hub for trade, finance, and infrastructure development. By expanding ADB’s presence and activities in Singapore, we can work more closely and efficiently with its strong ecosystem of financial institutions and other development partners for a more prosperous and resilient Asia and the Pacific.” said Mr. Surtani.
The Singapore Office opened 2020, provides a one-stop-shop for enquiries and business opportunities, while streamlining ADB’s engagement with project sponsors, contractors, advisors, financiers, other international financial institutions, and professional service providers. This office reflects efforts under ADB’s new operating model to increase private sector activities and decentralize operations.
Surtani was earlier the director of infrastructure finance at ADB’s Private Sector Operations Department covering East Asia, Southeast Asia, and the Pacific. His team successfully closed milestone projects including investments in broadband satellites regionwide, renewable power in Indonesia, cross-border renewables in Lao People’s Democratic Republic and Thailand, as well as investments in electric transport and charging infrastructure.
Singapore is a founding member of ADB. It contributes to ADB’s concessional fund, the Asian Development Fund, and is an active participant in the ASEAN Infrastructure Fund, supported by ADB. In 2022, ADB and Singapore signed a Memorandum of Understanding to promote investment in Asia and the Pacific, and to recognize the importance of private sector finance as well as catalyzing public sector resources for sustainable and inclusive development.