Association of Development Financing Institutions
 in Asia and the Pacific (ADFIAP)


ADFIAP - 1976

ADFIAP, the Association of Development Financing Institutions in Asia and the Pacific, was established in October 1976 at the fourth regional meeting of the Asian Development Bank in Manila. H. F. G. Lembruggen from Malaysia served a short period as first chairman and then Vicente R. Jayme of the Private Development Finance Corporation of the Philippines (PDCP) served for ten years providing the leadership and the facilities for making ADFIAP into a strong association. In 1976 there were 31 development banks in Asia and the Pacific which became charter members of ADFIAP.

Since its inception, the Board of Directors decided that ADFIAP would be an autonomous association relying mainly on its members support. For the first ten years, PDCP contributed office space in its building to house the ADFIAP secretariat and seconded Orlando P. Peņa, President of its consulting subsidiary, Asia Business Consultants, to organize and direct the ADFIAP secretariat. Orlando Peņa became the first secretary general and chief executive officer of ADFIAP, a position which he still holds at present, in 2000. In 1989, ADFIAP purchased its own office premises in a building in Makati, Metro Manila.

To augment the contributions of its members, ADFIAP has relied on the support of international sponsors with which it shares common interest and objectives, particularly the Economic Development Institute (EDI) of the World Bank, the Asian Development Bank (ADB), the United Nations Development Program (UNDP), UNIDO, the German Foundation for International Development (DSE), the United States Agency for International Development (USAID), the Association for Overseas Technical Scholarships (AOTS) of Japan and the research and training centers of its members. As of 2008, ADFIAP had 95 members from 37 countries and is a non-governmental organization (NGO) member of the United Nations Economic and Social Council (ECOSOC). The ADFIAP website is:http://www.adfiap.org  and  www.BankTouch.com