AIIB Governance

Board of Directors

Our non-resident Board of Directors is responsible for the direction of the Bank’s general operations, exercising all powers delegated to it by the Board of Governors. This includes approving the Bank’s strategy, annual plan and budget; establishing policies; taking decisions concerning Bank operations; and supervising management and operation of the Bank and establishing an oversight mechanism.

AIIB Directors and Alternates

(As of September 5, 2017)

  • DIRECTORS
  • ALTERNATES
  • CONSTITUENCY MEMBERS
DIRECTORS A-Z

Committees of the Board

There are three Committees under the Board of Directors - the Audit and Risk Committee (ARC), the Budget and Human Resources Committee (BHRC), and the Policy and Strategy Committee (PSC). Both the BHRC and the PSC comprise six directors. The ARC comprises four directors and two external members. The Directors are appointed for a term of two years. The external members of the ARC are appointed for a term of three years.

Audit and Risk Committee

The Terms of Reference for the Audit and Risk Committee are as follows:

  • Review the Bank’s financial statements and accounting, auditing and financial reporting practices, procedures and issues;
  • Review the selection procedures for and the qualification and performance of the external auditors; and review the annual report from the external auditors and ensure appropriate action be taken in respect of major improvement areas identified;
  • Review the scope of work and internal audit plan; and review the effectiveness of the internal audit function and the internal control systems related to financial reporting and process; and
  • Review the effectiveness and integrity of the risk management processes and policies, information technology security and control.
  • Audit and Risk Committee Members:
  • Rionald Silaban (Chair)
  • Khalid Alkhudairy
  • Jan Engström (External Member)
  • Emil Levendoglu
  • Chaly Mah (External Member)

Budget and Human Resources Committee

The Terms of Reference for the Budget and Human Resources Committee are as follows:

  • Review the proposed annual budget, taking into account the financings of the annual mid-term reviews, and report thereon to the Board;
  • Review and assess the implementation of the compensation and benefits policies and related issues and make recommendations to the Board as appropriate;
  • Undertake the functions of the Committee provided for under the Code of Conduct of Board Officials; and
  • Consider any other aspects of the budget and the Bank’s human resources as the Board may request and report thereon to the Board.
  • Budget and Human Resources Committee Members:
  • Dinesh Sharma (Chair)
  • Nikolai Putscher (Vice Chair)
  • Mehmet Alper Batur
  • Boonchai Charassangsomboon
  • Ahmed Kouchouk
  • Yoon Taesik

Policy and Strategy Committee

The Terms of Reference for the Policy and Strategy Committee are as follows:

  • Review the Bank's financial and operational policies, including but not limited to the environment, social and procurement policies, and report thereon to the Board;
  • Advise on the development of the Bank’s strategies and report thereon to the Board;
  • Undertake any other activities consistent with these Terms of Reference as the Board may request and report thereon to the Board.
  • Policy and Strategy Committee Members:
  • Chris Legg (Chair)
  • Chen Shixin (Vice Chair)
  • Khalid Alkhudairy
  • Emil Levendoglu
  • Rionald Silaban