Swati Dandekar New Executive Director to Asian Development Bank

Swati Dandekar  appointed as Executive Director to Asian Development Bank 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.
Asian Development Bank
- Established:1966
- Headquater: Mandaluyong, Philippines
- This body serves Asia Pacific regions.
- Members: 67 counteries
- Function: provides loans and equity investments for development projects in its member countries.
India and Asian Development Bank
- India was a founding member of the Asian Development Bank (ADB), and is now its fourth-largest shareholder. 
- The South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Investment Program is working toward  transport sector program aims to improve connectivity and accessibility,promote safe and environmentally friendly practices, and enhance in-country and subregional trade corridors and facilities.
- Other programs:
1.  Assam Power Sector Investment Program
2.  Rajasthan Urban Sector Development Program
3.  Clean Energy Finance Investment Program
4.  Trade Finance Program