ADB Young Professionals Program (YPP) 2023: Current Openings in April 2023
Asian Development Bank Young Professional Program Openings
The Asian Development Bank Yong Professional Program Openings for 2023-2024 are announced for all international applicants to take their chances to work for the biggest Asian development bank.
Do you want to grow professionally by building on your training and experience? Want to help improve the lives of people in Asia and the Pacific?
The Young Professionals Program (YPP) 2023 is an entry-level recruitment program to attract highly qualified and motivated individuals to ADB. YPP provides the foundation for a challenging and rewarding professional career in an international development environment and offers a wide range of opportunities to develop professional skills and an understanding of ADB’s operations, policies, and procedures. Under a structured talent management program, Young Professionals (YPs) will contribute to the achievement of ADB’s Strategy 2030.
ADB-YPP (ADB Young Professionals Program) Coverage
ADB-YPP offers competitive remuneration and a comprehensive benefits package that includes worldwide medical insurance cover for staff and dependents, life and disability insurance, leave benefits for contingent events, and retirement benefits. Additional benefits may be provided to international staff if they meet the eligibility criteria for the particular benefit.
Initial staff appointments to ADB under a standard fixed-term appointment are usually for 3 years, which may be extended or converted to regular employment given satisfactory performance and the continued need for particular skills. Other types of appointments such as the fixed-term appointment for International Staff at Levels 7 to 10 and special fixed-term appointments are not converted to regular appointments.
Throughout the program, YPs will be offered a variety of development opportunities – they will participate in missions for activities in fact-finding and appraisal, project review and completion, country programming, sector and policy studies, or disbursement. They will also be entitled to a number of learning programs, both in-house and external, some of them specifically designed to cater to the needs of the YPs.
#1 Medical and health benefits - They provide medical insurance and health services to staff.
#2 Life and disability plans - They provide life insurance, accidental death, disability insurance, and workers compensation insurance.
#3 Leave and holidays - They provide 26 vacations (annual leave) days, 15 sick leave days, and observe 10 holidays each calendar year.
#4 Benefits for contingent events - They provide staff with benefits or assistance for unforeseen events. These include a multipurpose loan facility with a loan limit of 3 to 15 months of annual salary; reimbursement of travel costs outside the duty station in the event of death of an immediate family member; medical emergency and medical evacuation services.
The retirement benefits consist of the Staff Retirement Plan (SRP) and the Defined Contribution (DC) Plan.
Other benefits for international staff - In addition to the benefits listed above (health and medical, life and disability, leave, benefits for contingent events, and retirement benefits), international staff may also be provided the following expatriate benefits if they meet the eligibility criteria for the particular benefit.
- Relocation assistance – They provide travel and shipping allowances to international staff joining ADB from outside the duty station location to assist with their relocation expenses. We also assist staff in obtaining the necessary visas.
- Installation allowance – They provide staff with an installation allowance to defray other costs associated with relocation.
- Rental allowance – They provide rental allowance/assistance to help international staff defray the cost of renting accommodation. The rental allowance will not be provided to staff if he/she or his/her spouse/domestic partner owns property within a 50-km radius of the ADB office.
- Home country travel and allowance – They provide home country travel annually to expatriate international staff and their eligible dependents. Dependent children who are receiving education travel are not eligible for home country travel benefits.
Towards the end of the program, YPs are encouraged to seek internal opportunities should they wish to remain in the Bank.
Who Can Apply for ADB-Young Professionals Program?
All ADB-YPPs must meet the following minimum criteria:
- Not more than 32 years old upon joining ADB
- Be a national of one of ADB’s members
- Proven academic track record in a field relevant to the job role
- Minimum of 2 years of professional experience relevant to the job role
- Excellent oral and written skills in English
You can work for ADB if you possess the following as a candidate:
- If you are committed to contributing to the development, cooperation, and integration of countries in Asia and the Pacific
- have a strong academic background, preferably with a postgraduate degree such as an MBA, Masters’s, or Ph.D.
- have considerable expertise and experience in your profession
- have experience in projects and programs for developing countries
- are proficient in both written and spoken English
- can work with individuals of different nationalities and cultures
ADB embraces diversity and values a wide spectrum of views, cultures, academic and professional backgrounds. The staff of different nationalities comes together to work for a common goal regardless of age, gender, religion, or disability. Women are highly encouraged to apply.