The 22nd annual meeting of the Asian Development Bank will be held in Peking in 1989 a senior bank official tolds. China which was admitted as the banks 47th member in March 1986 will take a place on the ADB board at the current meeting here he said. Pekings representatives have been attending board meetings over the past year as observers with no voting rights he added. He said China the banks third-largest shareholder after Japan and the United States will take the seat on the 12-member board currently occupied by a grouping of Sri Lanka Vietnam the Maldives Laos and Afghanistan. He also said the U.S. Whose nominee on the board Joe O. Rogers resigned in September 1986 has named Victor Frank as his replacement. Frank a private-sector appointee is awaiting Senate approval and will take up his post later this year he added.
CHINA TO HOST 1989 ADB ANNUAL MEETING