Principal Investment Officer
Job Vacancy | Friday, September 12, 2025
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- Reference Number 250764 Position Level TL7 Department Private Sector Operations Department Division Private Sector Investment Funds and Special Initiatives Division Location Parent Location Date Posted Friday, September 12, 2025 Closing Date Friday, September 26, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference in the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
While the position of Principal Investment Officer resides with the Private Sector Investment Funds and Special Initiatives Division (PSIS) within the Private Sector Operations Department (PSOD), you will be assigned to ADB Singapore Office (SGO) within the Southeast Asia Department (SERD).
You will report to Director, PSIS or designated International Staff and have matrix reporting line to the Regional Director of SGO and will oversee junior team members.
Your Role
As a Principal Investment Officer, you will help strengthen ADB's visibility and relevance in Singapore by promoting relationships, facilitating cross-border investments, and supporting the growth of SGO as a center for strategic collaboration and capital mobilization.
You will:
a. Project Processing and Management
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Provide strategic leadership in fund-of-funds investments across Asia, ensuring alignment with ADB's private equity strategy, sectoral priorities, and development impact objectives.
Design and manage portfolio construction and diversification strategies, balancing geography, sector, stage, and manager concentration to improve both financial returns and development impact.
Lead sourcing and selection of fund managers, including market scanning, manager evaluation, track record assessment and organizational review
Develop senior-level relationships with leading private equity and venture capital managers, institutional investors, and co-investors to enhance ADB's visibility and deal pipeline.
Oversee underwriting and investment due diligence, including analysis of fund strategy, performance benchmarking, governance structures, ESG integration, and risk-return assessment.
Present investment recommendations to ADB's Investment Committee and Board with clear articulation of strategic fit, financial rationale, risks, and safeguards.
Negotiate fund terms and documentation, ensuring alignment with ADB's standards on governance, transparency, environmental and social safeguards, and integrity.
Identify and execute co-investments alongside fund managers to enhance value creation, development impact, and portfolio returns.
Shape and oversee technical assistance (TA) initiatives to strengthen fund manager capacity, ESG practices, gender equity, and market development.
Represent ADB on Advisory Boards of funds, exercising oversight on governance, strategic direction, and conflict resolution.
Contribute to portfolio monitoring, tracking fund performance, compliance with covenants, ESG and safeguard requirements, and recommending corrective actions.
Contribute expertise on private equity trends, fundraising dynamics, ESG/impact measurement, and frontier market investing, representing ADB in regional and global forums.
Develop junior staff, promoting a mission-driven investment team.
b. Economic, Sector and Thematic Work
Lead, draft, review project, policy papers related to private sector development and operations issues in multiple themes and sectors
c. Knowledge Sharing
Lead and contribute to relevant internal and external sessions, training and conferences and other activities for advocacy, dissemination and knowledge building
Maintain and share knowledge of the best international market practices and trends in the targeted sectorsd. Strategy and Planning
Support Director PSIS to achieve ADB's PE fund business goals and objectivesParticipate in country teams and missions for planning and programming purposes with focus on private sector development and operations and for identifying investment opportunities in assigned Developing Members.
e. Staff Supervision
Take the role of team leader and oversees the work of team members in executing deals Oversee the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance Ensure the ongoing learning and development of reporting staffQualifications
You will need:
Master's degree or equivalent; or bachelor's degree and at least five years specialized experience relevant to the position can be considered. At least 10 years of work experience; and at least 6 years of supervisory experience. Preferably with experience working with private sector arms of multilateral development banks on bilateral blended finance facilities, climate investment fund or green climate fund programs, carbon funds or other publicly funded climate finance initiatives. Working knowledge of international climate finance architecture and concessional climate change funds. Experience in emerging market financing. Proficiency in English. Ability to work with large, culturally diverse teams at all levels. Please refer to the link for ADB Competency Framework for Technical Local Staff grade TL7.Benefits
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff developmentAdditional Information
This appointment is open to internal and external applicants.
This opening is a local staff position. It is open only to nationals and permanent residents of Singapore.
This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under our Strategy 2030.
ADB only hires nationals of its 69 members.
To view ADB Organizational Chart, please click here.
ADB wants to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
Visit ADB Careers FAQ for more information.
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