Rapid fire

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For our cover story, A legal legacy, we have an exclusive interview with the general counsel of the Asian Development Bank (ADB), as he completed his last days working for the bank. Chris Stephens is returning to the US as general counsel of the International Finance Corporation (IFC), a sister organization to the World Bank.

rapid fireStephens discusses current issues at the bank. It is on the cusp of redefining its relationship with China, and India looms large for the sheer number of ongoing and upcoming projects.

Its greatest challenge, however, is what the general counsel sees as an urgent need for change from within, the need for governance reforms within a leadership structure that has served well since the bank’s inception in 1966, but, with the particular challenges of the early 21st century, it desperately needs an upgrade. This revealing interview looks at Stephens’ legacy at the ADB, and the big issues he identifies for the bank in the immediate future.

We also feature HK protest protection an interesting Q&A which, during Hong Kong’s summer of unrest, may prove invaluable to businesses operating in the city, where potentially dangerous protest actions can strike anywhere at any time.

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