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Newmarket's Robert Bestani announces candidacy for U.S. Congress
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Race
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| Contributor | TX DEM |
| Last Edited | TX DEM Jan 12, 2009 12:41am |
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| Category | News |
| Media | Newspaper - Portsmouth Herald |
| News Date | Monday, January 12, 2009 06:40:00 AM UTC0:0 |
| Description | Robert Bestani announced this week the formal establishment and filing of an exploratory committee to consider his 2010 candidacy for the U.S. House of Representatives in NH's 1st Congressional District.
Until May of 2008, Bestani served as the Director General of Private Sector Finance at the Asian Development Bank, a multilateral bank dedicated to alleviating poverty in Asia. In the six years in which he served in that capacity, ADB's private sector financings and earnings grew by over 40 times their 2001 levels, while portfolio quality and earnings steadily improved. Working closely with most of the countries of Asia, the Private Sector Department grew from the smallest of ADB's departments to the largest and most successful operating unit of the ADB. In March of 2008 the bank's board adopted private sector financings as the leading priority of the ADB for the years ahead.
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