In particular, the statement said that J. Steven Dowd of Florida would be nominated to be United States Director of the European Bank for Reconstruction and Development, and Jason Myung-lk Chung of Virginia, would be nominated to be the US director of the Asian Development Bank, with a rank of ambassador.
Dowd was confirmed as US executive director for the African Development Bank in October 2017, where he currently chairs the Bank’s Audit & Finance Committee. In this capacity, he reportedly evaluates infrastructure projects throughout Africa and engages with African governments on finance and monetary issues.
Before working at the African Development Bank, he worked for decades as a founder and senior executive in private sector trade, logistics, and finance.
Chung currently serves as the US alternate executive director on the board of directors of the Asian Development Bank (ADB).
Before his appointment to the ADB, Chung served as deputy assistant secretary of the US Treasury in public affairs.
His profile reportedly includes matters related to development finance, trade, and bilateral relationships between the US Treasury and foreign ministries of finance. Chung previously also worked for the Trump election campaign and for the Republican National Committee.