Manila: Asian Development Bank (ADB) has appointed Eugene Zhukov as Director General of its Central and West Asia Regional Department, effective immediately.
As Director General, Mr Zhukov will lead ADB’s engagement with 10 countries in the region: Afghanistan, Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan. He will also oversee the bank’s regional portfolio of $ 24 billion.
Zhukov will manage ten country offices and seven sector divisions: energy; environment, natural resources, and agriculture; public management, financial sector, and trade; regional cooperation and operations coordination; social; transport and communications; and urban development and water. He will also supervise ADB’s engagement with the Central Asia Regional Economic Cooperation Program, a partnership for 11 members to promote economic growth and sustainable development through cooperation.
“Central and West Asia has experienced unprecedented change in recent decades, and while there is vast potential for continued development, our immediate focus remains on addressing the impacts of COVID-19,” said Zhukov. “ADB will continue to work closely with governments and development partners in the region to foster the economic recovery, develop transport corridors, promote renewable energy, and build competitive and inclusive economies.”
Zhukov has more than 25 years’ experience at ADB which he joined as a Young Professional in 1995. Latterly, Zhukov was the Secretary overseeing the ADB department in charge of interfacing with the bank’s Board of Directors and Management, managing board meetings and ADB’s annual meetings—the largest gathering of high-profile decision makers on economic and development issues in Asia and Pacific.
Zhukov previously held several managerial roles at ADB including Director, Pacific Operations Division; Regional Director, Pacific Liaison Office based in Sydney, Australia; Director, Budget and Management Division; and Senior Advisor, Office of the Director General, Budget, Personnel, Management Systems Department. He also worked in the Strategy and Policy Department, supporting operations planning and developing policy and strategy.
Zhukov holds a Master of Arts in Economics from Claremont Graduate University, United States, and a University Degree with Distinction in Political Economy from the Philosophy and Economics Department of Kazakh National University, Almaty, Kazakhstan. He is a national of Kazakhstan. Zhukov replaces outgoing Director General Werner Liepach, who retires after almost 30 years with the bank.