June 10, 2026, Manila, Philippines / Ulaanbaatar, Mongolia — The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) held a productive virtual meeting with the Development Bank of Mongolia (DBM) to formally welcome its newly appointed Chief Executive Officer, Mr. Baatarsuren Sukhbaatar. The engagement provided an opportunity to reaffirm DBM’s role within the Association and to inform ADFIAP’s leadership team about its advocacy, programs, and services.
During the meeting, ADFIAP Secretary General Mr. Enrique Florencio, along with the ADFIAP Management Team, including Ms. Sandra Honrado, Mr. John Alianza, and Mr. George Aquino, extended warm congratulations to the new CEO and emphasized ADFIAP’s commitment to supporting DBM in advancing Mongolia’s development finance agenda. He highlighted ADFIAP’s core advocacy areas, including sustainability, ESG integration, digital innovation, and capacity-building, underscoring how these initiatives align with DBM’s mission to foster inclusive economic growth and finance strategic national priorities.
Ms. Sandra Honrado, in charge of Membership and International Relations, highlighted the benefits of ADFIAP membership and showcased the Association’s programs and services. She emphasized that these offerings provide member institutions with access to knowledge-sharing platforms, capacity-building initiatives, and global networking opportunities, strengthening institutional capabilities and fostering regional collaboration.
The new DBM CEO, Mr. Baatarsuren Sukhbaatar, expressed appreciation for the warm welcome and reaffirmed the bank’s commitment to active participation in ADFIAP activities. Both institutions agreed to explore deeper collaboration in areas such as sustainable finance, SME support, and regional knowledge exchange.
The virtual meeting marked an important step in reinforcing the partnership between ADFIAP and DBM, ensuring that Mongolia’s development finance sector remains connected to regional best practices and global trends.