At the Philippine Economic Briefing on 30 September, Chair of the Board of Governors Cesar Purisima and VP Lohani announced the Philippines' hosting of the ADB Annual Meeting in Manila on 2-5 May 2012. This was followed by the signing of the MOU between Secretary Purisima and The Secretary of ADB Robert Dawson, in the presence of BSP Governor Amando Tetangco, Jr. and VP Lohani.