Woochong Um from South Korea holds a Master of Business Administration degree from New York University
The Asian Development Bank (ADB) has appointed Woochong Um as its Managing Director-General.
He will assume office immediately and report to ADB President Masatsugu Asakawa. Um, will support Asakawa to institute bank-wide coherence on key initiatives and issues. He will play a key role in enhancing ADB’s internal and external communications across all activities that involve operations, knowledge, fund-raising and institutional reforms.
Um joined ADB in 1993. Since June 2018, he served as Director-General and concurrently Chief Compliance Officer of ADB’s sustainable development and climate change department.
“I look forward to using the knowledge and experience I have gained in the past 27 years at ADB to contribute to our organisational transformation and ensure we continue delivering high-quality development solutions to our members across the region,” he said in a statement issued on Monday.
Um from South Korea holds a Master of Business Administration degree from New York University Stern School of Business and a Bachelor of Computer Science degree from Boston College.
He oversaw the administration of trust funds and global funding initiatives and served as ADB’s focal point for Covid-19 response.