Finance Minister Nirmala Sitharaman in Milan to attend ADB’s 58th annual meeting

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has arrived in Milan, Italy, to attend the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB). The 58th Annual Meeting of the Board of Governors of ADB takes place in Milan from May 4 to 7, 2025.

Union Minister for Finance and Corporate Affairs Smt. @nsitharaman is received by

Ambassador Ms. Vani Rao and Consul General Shri Lavanya Kumar after her arrival at the Milan Malpensa Airport, Italy.

The Union Finance Minister will participate in the 58th #ADBAnnualMeeting… pic.twitter.com/w63TIRpLQb

— Ministry of Finance (@FinMinIndia) May 4, 2025

In a post on X, the Ministry of Finance wrote, “Union Minister for Finance and Corporate Affairs Nirmala Sitharaman is received by Ambassador Vani Rao and Consul General Lavanya Kumar after her arrival at the Milan Malpensa Airport, Italy. The Union Finance Minister will participate in the 58th ADB Annual Meeting in Milan.”

She is leading the Indian delegation, which includes officials from the Department of Economic Affairs, Ministry of Finance.

According to the Ministry of Finance, official delegations from ADB’s Board of Governors, ADB members and international financial institutions will attend the meetings.

On the sidelines of the Annual Meeting, she will also hold bilateral meetings with Finance Ministers of Italy, Japan and Bhutan, as well as meetings with the President of ADB, the President of the International Fund for Agricultural Development (IFAD), and the Governor of the Japan Bank for International Cooperation (JBIC).

She will also interact with the Indian diaspora, besides meeting global think tanks, business leaders and CEOs, in Milan and also address a Plenary Session of the NEXT Milan Forum at the Bocconi University on ‘Balancing Economic and Climate Resilience’.