Who: Swati Dandekar
What: Appointed Executive Director to Asian Development Bank by Obama
When: 20 November 2015
Indian-American politician Swati Dandekar was on 20 November 2015 nominated as executive director to the Asian Development Bank (ADB) with ambassadorial rank by US President Barack Obama.
Dandekar, 64, will succeed Robert M Orr, who has held the position since 2010. Dandekar will serve as one of 12 international directors and hold the title of ambassador.
Obama announced his intent to nominate Dandekar to this top US position in Asian Development Bank (ADB) along with other key administration appointments and nominations.
About Swati Dandekar
• She was the first-ever Indian-American to be elected to Iowa House of Representatives in 2003.
• She was the first Indian-born American citizen to win a state legislature seat in the United States.
• She served in the Iowa House and Senate from 2003 to 2009 until she was appointed to the Iowa Utilities Board in 2011.
• She was also member of the Iowa Senate from 2009 to 2011.
• She received a Bachelor of Science from Nagpur University and a Post-Graduate Diploma from Bombay University.
About Asian Development Bank
• The Asian Development Bank is an international organization that provides loans, grants, policy aid, technical assistance and equity investments to countries in Asia and the Pacific.
• It was established as a regional development bank on 22 August 1966 which is headquartered in Manila, Philippines
• From 31 members at its establishment, ADB now has 67 members, of which 48 are from within Asia and the Pacific and 19 outside.