Finance Minister Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs to attend the 58th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from May 4 to 7.
The meetings will be attended by official delegations of the Board of Governors of ADB, official delegations of ADB members and international financial institutions, the finance ministry said in a statement on Sunday.
The Asian Development Bank's 58th Annual Meeting of the Board of Governors will be held in Milan, Italy, from May 4th to 7th, 2025. The meeting will take place at Allianz MiCo - Milano Convention Centre. The theme for this year's meeting is "Sharing Experience, Building Tomorrow".
The Finance minister will participate in the annual meeting's focal events like the Governors' Business Session, Governor's Plenary Session and as a panellist in the ADB Governors' Seminar on 'Cross-Border Collaboration for Future Resilience', it said.
On the sidelines of the ADB's 58th Annual Meeting, she will also hold bilateral meetings with finance ministers of Italy, Japan, and Bhutan, in addition to meetings with President of ADB, the President of the International Fund for Agricultural Development (IFAD), and the Governor of the Japan Bank for International Cooperation (JBIC).
The minister will also interact with the Indian diaspora in Milan, besides meeting global think-tanks, business leaders and CEOs, and participating in a plenary session of the NEXT Milan Forum at the Bocconi University on 'Balancing Economic and Climate Resilience', it added.
It will be the first time for Italy to host the Annual Meeting. Finance Ministers and Central Bank Governors from ADB member countries, officials from international organizations, representatives from the private sector, civil society organizations, and the media, are expected to participate in the prestigious meeting.
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