You are on page 1of 1

Ambassador Paul W. Speltz U.S.

Executive Director, Asian Development Bank (ADB) In June 2002, President Bush nominated Paul W. Speltz to serve as U.S. Executive Director to the Asian Development Bank (ADB). The ADB is a multilateral development finance institution with 63 nation members working to increase economic growth and reduce poverty throughout all of the Asian, Pacific and Subcontinent countries through public and private sector lending. Ambassador Speltz represents the United States, as one of the two largest shareholders, as a voting member on the ADB Board of Directors. Before being selected by the President, Paul had over 25 years experience as a prominent member and mentor to the international business community. Paul was a Senior Level corporate and entrepreneurial international manger with a successful record in Asian business development, market strategy, and implementation. Prior to joining the Bush Administration, he had focused on building out Bluestone Capital Asia Pacific Group in launching the investment bank’s successful online Wealth Management System with customers including Standard Chartered Bank. As a result of that success, he was also named Co-Executive Managing Director of Global Operations in November 2000. From late 1998-1999, he was a Senior Director and Advisor on Asian geopolitical activities for United Technologies Corporation, a Fortune “50” Multinational Leader in high technology. In 1981, Mr. Speltz was a founder of ATC International, an Asia-based marketing and consulting company, with emphasis on China, Japan, and other select Asian countries in representing many well known North American and European clients. He directed this company as Chairman and CEO for 17 years, inclusive of managing the operations when it was sold and was a subsidiary of Citicorp during the late 80’s. While living in China for many years, in 1986 he co-founded the International Chamber of Commerce in Beijing, China, where he served as president until 1989. Prior to earning his BSBA from the University of Connecticut in 1969, Mr. Speltz founded the university’s chapter of the National Business Fraternity, Delta Sigma Pi. While working for a Japanese trading and consulting firm, he continued his education at Connecticut and graduated in 1971 with an MBA in International Business. Ambassador Speltz, as an alumni, has been on the Board of Directors for the university’s School of Business since 1998 and also serves as an advisor on Asian affairs. Paul and his wife, Renee, reside in Manila, Philippines, headquarters of the ADB. Speltz is a resident of Houston, Texas, and also has a home in New Hampshire. He has three grown children: Matthew, Alec, and Jessica who reside in Texas and California.