ADB Appoints Bhargav Dasgupta As VP-Market Solutions

The Asian Development Bank (ADB) appointed Bhargav Dasgupta as vice president of market solutions for three years.

Dasgupta will be responsible for management of the operations of ADB’s Private Sector Operations Department and Office of Markets Development and Public-Private Partnerships, the Manila-based lender said in a statement.

He is currently the managing director and chief executive officer of ICICI Lombard General Insurance Company Ltd., the largest non-life insurance company in India, it added. ADB didn’t disclose his joining date.

The development comes after Dasgupta resigned from his position at ICICI Lombard to pursue a career opportunity outside the country.

ADB said Dasgupta is a financial industry leader with over 35 years of experience across a range of economies, including in Asia and the Pacific.

Dasgupta holds a post graduate diploma in business administration from the Indian Institute of Management in Bengaluru, India, according to the statement. He obtained his bachelor of engineering (mechanical) degree from Jadavpur University in Kolkata, it said.

Established in 1966, ADB is owned by 68 members. The lender assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

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