Joven Z. BALBOSA was appointed to the Board of Directors on July 1, 2026. He is the appointed Undersecretary of the International Finance Group of the Philippines Department of Finance.
He has over 30 years of experience in macroeconomics, public-sector management, country strategy formulation, programming, and evaluation. He joined the Asian Development Bank (ADB) in 2005 and held a wide range of progressively responsible roles, mostly in the Southeast Asia Region Department and the Independent Evaluation Department, facilitating the adoption of key public-sector management policies and contributing to improving ADB’s support for fragile and conflict-affected regions. Prior to joining ADB, he was an Economist at the World Bank Group. He has also worked at the House of Representatives, Government of the Philippines; academe; and the private sector.
He holds a master’s degree in development economics from Williams College, United States; a diploma in advanced specialization in development economics from the University of Colorado, United States; and a bachelor’s degree in economics from the University of the Philippines.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
Asian Infrastructure Investment Bank (AIIB)
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