The Asian Development Bank (ADB) on Monday announced the establishment of an eight-person, high-level advisory group on digital technology for development.
In a statement, ADB said the group will give the lender advice on the use of digital technologies and the implications for the bank’s development work.
“The establishment of this Advisory Group will allow ADB to gain insights and strategic advice from digital technology industry leaders as well as academia on how ADB can provide high-quality support for the development agenda of our developing member countries,” said ADB president Takehiko Nakao.
Among the members of the advisory group is Lito Tayag, managing director of Accenture Philippines and the chair of the Information Technology (IT) and Business Process Association of the Philippines (IBPAP).
According to the bank, this development will complement its digital technology initiatives involving some 315 projects from 2010 to 2018.
“ADB is also applying earth observation technologies and geographic information systems in its projects, supported by partnerships with the European Space Agency and the Japan Aerospace Exploration Agency,” it said. —Jon Viktor Cabuenas/VDS, GMA News