Robert Bestani is currently a Visiting Scholar at the Collaboratory for Research on Global Projects at Stanford University.
As a resident of Newmarket, NH he is the Chairman of both the Municipal Audit and Energy Committees and serves as a member of the Municipal Budget Committees. He is also a member of the Republican State Committee and Chairman of the Finance Committee of the Rockingham County Republican Committee
Until May of 2008, Bob 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.
Prior to joining the ADB Bob was a Managing Director and Senior Consultant at PricewaterhouseCoopers, LLP. For most of his career, he has been in International Banking and Corporate Finance, working at Citibank, Texaco, Bank of America, and Duke Energy. Bob has long covered the High Tech, Petroleum/Oil & Gas and Power Industries.
Bob also served in the U.S. Department of the Treasury during the first Bush Administration (GHWB 1989-1992). His principal responsibilities included: the G-7 negotiations and the Paris and Houston Presidential Summit Meetings, several international trade and financial services negotiations, US-IMF policy coordination, the management of America's $40 billion foreign currency reserve position, policy coordination with Federal Reserve, etc.
He has authored numerous articles on finance, energy and the economic development and has been a featured speaker at over fifty international conferences. Both as an independent consultant and as a senior officer of the ADB he has served as a consultant to numerous Asian governments and multilateral institutions. Since 1991 he has been a member of the prestigious Council on Foreign Relations.
Bob holds an MBA in Finance from the University of Chicago (where he serves as member of the Global Advisory Board) and a BA in Economics and Computer Science from Rutgers University.
Bob is married to his school days sweetheart Marion and they have two highly successful and accomplished children William and Elizabeth. Will is an attorney and Liz is a university administrator.
For further information and articles see also Bob’s website at: BobBestani@aol.com
This is to complement an earlier post for Bob.