Dr. Kao Thach Chairs ADFIAP’s 100th Board Meeting

His Excellency Dr. Kao Thach, Delegate of the Royal Government in charge of the Director General of the Agricultural and Rural Development Bank (ARDB) and Chair of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), chaired the association’s 100th Board Meeting to discuss its progress and challenges. The meeting focused on key agenda items, including: 1) reporting on achievements in 2025, such as building members’ capacity, promoting digital transformation to support members, and cooperation to advance sustainable finance; 2) initiatives to promote strategic partnerships; 3) updates on the implementation of Special Interest Group initiatives; and 4) the election of the ADFIAP Chair and Vice Chair for the 2026–2029 term.

In 2025, ADFIAP achieved a number of accomplishments, particularly in advancing cooperation and strategic partnerships and strengthening members’ capacity. At the meeting, His Excellency Dr. Kao Thach, representing the Kingdom of Cambodia, was re-elected Chair of the Association of Development Financing Institutions in Asia and the Pacific for the 2026–2029 term by an overwhelming majority. The election result reflected ADFIAP members’ confidence in His Excellency Dr. Kao Thach’s leadership and commitment to advancing the association’s mission with vision.

ADFIAP serves as a network platform for development financing institutions in Asia and the Pacific, contributing to the promotion of sustainable and inclusive development. Established in 1976, the association currently has members from more than 45 countries.