Development Bank of the Philippines senior vice president Carolyn Olfindo (third from left) and vice president Raquel Atienza (right) receive the Merit Award for Infrastructure Development from Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) second vice chairman Kao Thach (left) and chairman Saud Minam (second from left) during the ADFIAP Sustainable Awards in Phnom Penh, Cambodia. DBP was recognized for its pioneering financing facility that focuses on the development and growth of the renewable energy sector.