ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
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ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
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ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
Bhargav Dasgupta
Bhargav Dasgupta is the Vice-President (Market Solutions) of the Asian Development Bank (ADB). He assumed the position on 4 December 2023.
Mr. Dasgupta is responsible for the Private Sector Operations Department and Office of Markets Development and Public-Private Partnerships. These departments deliver market solutions to catalyze Asia and the Pacific’s private sector development.
VP Dasgupta, United Kingdom’s Trade Commissioner for Asia Pacific discuss collaborationVP Bhargav Dasgupta met with His Majesty’s Trade Commissioner for Asia Pacific Martin Kent on 19 January in ADB headquarters. They discussed potential new avenues of collaboration, updates on ongoing ADB-UK initiatives, private sector development opportunities in Asia and the Pacific, including ADB’s trade and supply chain finance program, and business opportunities for UK companies
VP Dasgupta meets agribusiness representatives in the PhilippinesVP Bhargav Dasgupta from 16 to 18 January visited the Del Monte Philippines, Inc operations, a fresh fruit and processed food company in Bukidnon, and Dali, a hard discount food retailer in the Philippines in which ADB invested in 2023. The ADB mission led by the VP discussed the companies’ contribution to food security and climate action. The VP expressed his satisfaction at the innovation displayed by the private sector and the potential for further collaboration with ADB.
VP Bhargav Dasgupta discussed possible partnerships with key private sector entities to bolster pandemic resilience of ADB member countries and climate financing from 2 to 4 January in Mumbai. In his meeting with the country’s two leading vaccine producers, the VP envisaged ADB’s role as a facilitator to ensure vaccine availability for non-manufacturing countries during public health emergencies by developing collaborative agreements between the government and private sector entities. He also met with healthcare investors to discuss vital aspects of pandemic preparedness such as healthcare service facilities, diagnostics, medical devices, disposables, and equipment.
VP Dasgupta met Tata Sons Executive Chair Natarajan Chandrasekaran and discussed collaboration opportunities in industrial decarbonization, climate-linked initiatives in agribusinesses, sustainable transport, and clean energy. He also met with representatives of Yes Bank Limited to discuss partnership opportunities, including supporting their climate financing and support for microfinance and micro, small, and medium enterprises, targeting women clients.
ADB Appoints Bhargav Dasgupta as Vice-President for Market Solutions
ADB has appointed Bhargav Dasgupta as Vice-President (Market Solutions) for a period of 3 years. He will be responsible for management of the operations of ADB’s Private Sector Operations Department and Office of Markets Development and Public–Private Partnerships.
Mr. Dasgupta is a financial industry leader with over 35 years of experience across a range of economies, including in Asia and the Pacific. He was Chief Executive Officer of ICICI Lombard General Insurance Co. Ltd., the largest private sector general insurance company in India. He led ICICI’s successful initial public offering, making it the first listed general insurance company in India.
In his earlier years at ICICI Bank, Mr. Dasgupta held various leadership positions in project finance, corporate banking and treasury, e-commerce, international banking, and insurance. He was instrumental in ICICI's globalization and insurance business growth. As Senior General Manager and Head of the International Business Group and the Global Markets Group, Mr. Dasgupta was responsible for the company's clients in international markets, including correspondent banks and all international lending. He also led the establishment of international operations in 14 countries through branches, subsidiaries, or representative offices.
Mr. Dasgupta holds a post graduate diploma in business administration from the Indian Institute of Management in Bangalore, India. He obtained his bachelor of engineering (mechanical) degree from Jadavpur University in Kolkata, India.