President Barack Obama has nominated Indian-American, politician Ms. Swati A. Dandekar, 64, to be United States Director of the Asian Development Bank (ADB), equivalent with the rank of an ambassador.
Ms. Dandekar, would replace Robert M Orr, who has held the position since 2010.
"I am confident that these experienced and hardworking individuals will help us tackle the important challenges facing America, and I am grateful for their service. I look forward to working with them", said President Obama about Ms. Dandekar, who received a BS from Nagpur University and a Post-Graduate Diploma from the Bombay University.
Ms. Dandekar has prior served on the Iowa Utilities Board, Iowa State Senate and in the Iowa State House of Representatives. She was also the first-ever Indian-American to be elected to Iowa House of Representatives in 2003. Ms. Dandekar, migrated to the US her husband Arvind in the year 1973.
The Asian Development Bank (ADB), headquartered in the Metro Manila, Philippines is a regional development bank established to facilitate economic development in Asia. From 31 members at its establishment during mid-60, ADB now has 67 members, of which 48 are from within Asia-Pacifc and 19 are from outside the region.