On May 22, the Asian Development Bank (ADB) Council held the 53rd Annual Meeting.
Affected by the new coronary pneumonia epidemic, this annual meeting will be held via online video. This is the first time ADB has held its annual meeting online. At the meeting, the Council approved ADB’s financial statements and the 2019 net income distribution report. 
This meeting is the first stage of the 53rd annual meeting The representatives of 68 ADB members attended the meeting. Next, the second phase of the annual meeting will be held in Incheon, South Korea from September 18th to 21st, when ADB directors, senior government officials, private enterprise managers, representatives of international organizations and civil organizations, youth representatives, academic representatives and The media will attend.
This meeting is the first stage of the 53rd annual meeting The representatives of 68 ADB members attended the meeting. Next, the second phase of the annual meeting will be held in Incheon, South Korea from September 18th to 21st, when ADB directors, senior government officials, private enterprise managers, representatives of international organizations and civil organizations, youth representatives, academic representatives and The media will attend.
ADB President Asagawa Asagawa said that the current priority of ADB is to provide important support for developing members to cope with the new crown epidemic and bring their economy back to sustainable growth On the road. The approval of the financial statements and the net income distribution report by the Council will ensure that ADB is in control of effective means and financial stability to meet the huge challenges facing the entire Asian region, which is related to the livelihoods of millions of people in the region.
(Originally titled “ADB Holds Annual Meeting for the First Time via Online Video to Approve Financial Statements and 2019 Net Income Distribution Report”)