Zhang Wencai named vice president of the Asian Development Bank

Currently with China’s Ministry of Finance.

Zhang will serve as vice president for the next three years. He is the third Chinese national appointed the position since 2003.

Established in 1966 and based in Manila, ADB is a regional development bank with 67 members, dedicated to poverty reduction and economic development in Asia and the Pacific region. China joined the ADB in 1986.