AIIB Governance

Senior Management

Our staff is headed by our President who is elected by AIIB shareholders for a five-year term and eligible for reelection once. He is supported by our Senior Management which includes five Vice Presidents responsible for policy and strategy, investment operations, administration and the corporate secretariat and the General Counsel, Chief Risk Officer, Chief Financial Officer and Chief Economist.

More information about our leadership team can be found here. Our organizational chart can also be viewed here.

Jin Liqun

Jin Liqun

President and Chair of the Board of Directors

Jin is the inaugural President and Chair of the Board of Directors. On July 28, 2020, he was elected to serve a second term of five years, beginning on Jan. 16, 2021. Before being elected as the Bank’s first President, he served as Secretary-General of the Multilateral Interim Secretariat tasked with establishing the Bank. Jin has rich experience across the private and public sectors and with MDBs. He served as Chair of China International Capital Corporation Limited (China’s first joint-venture investment bank), Chair of the Supervisory Board of China Investment Corporation and Chair of the International Forum of Sovereign Wealth Funds. He previously served as Vice President and then Ranking Vice President of the Asian Development Bank and as Alternate Executive Director for China at the World Bank and at the Global Environment Facility. Jin spent nearly two decades at the Chinese Ministry of Finance, reaching the rank of Vice Minister. He holds a master’s degree in English Literature from Beijing Institute of Foreign Languages (now Beijing Foreign Studies University) and was a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. Jin is from the People’s Republic of China.
  • Sir Danny Alexander

    Sir Danny Alexander

    Vice President, Policy and Strategy

    Alexander, as Vice President for Policy and Strategy, drives AIIB’s strategic direction, including its sectoral and country priorities, investment strategy and programming, and operating budget. He oversees AIIB’s environmental and social policies, other operational policies and their implementation. Previously, Alexander served as AIIB’s Vice President and Corporate Secretary since joining the Bank in February 2016. Before this, he was Chief Secretary to the Treasury of the United Kingdom and was one of the leaders of UK’s coalition government between 2010 and 2015. He holds a BA in philosophy, politics and economics from the University of Oxford and is an honorary fellow of St Anne’s College, Oxford. He was knighted in 2015. Alexander is from the United Kingdom.
  • Konstantin Limitovskiy

    Konstantin Limitovskiy

    Vice President, Investment Operations (Region 2)

    Limitovskiy is Vice President, Investment Operations (Region 2) where he oversees the entire project cycle for sovereign and nonsovereign investments in Pakistan, Afghanistan, Central Asia, East Asia, West Asia, Europe, Africa and Latin America. He also has joint oversight with the VP for Investment Operations (Region 1) over the Social Infrastructure, Operational Services, and Implementation Monitoring departments. Prior to this role, he was Chief Programming Officer and Senior Advisor to the President of AIIB, heading the Client Relations and Programming Office. Konstantin joined AIIB in November 2018 from the Eurasian Development Bank where he was Deputy Chairman leading business activities in infrastructure. Before that, he was responsible for international project finance at the VTB Group in Russia. Over the challenging period of 2009-2010, he was involved in managing the real estate loan portfolio of Sberbank and established the infrastructure finance practice there. Before that, he helped develop and headed leveraged and structured finance operations for Gazprombank and Alfa Bank. Prior to that, he led banking activities in infrastructure finance at the Black Sea Trade and Development Bank, an international development bank based in Greece. He is a graduate of the Russian Finance University. He also holds an MA degree in geophysics. Limitovskiy is from Russia.
  • Dr. D. J. Pandian

    Urjit R. Patel

    Vice President, Investment Operations (Region 1)

    Patel oversees all sovereign and nonsovereign lending in South Asia, the Pacific Islands and South East Asia. He is also responsible for the end-to-end management of AIIB’s project pipeline in these regions, from identification to implementation. He also has joint oversight with the VP for Investment Operations (Region 2) over the Social Infrastructure, Operational Services, and Implementation Monitoring departments. From 2016-2018, Patel was the Governor of the Reserve Bank of India, after serving as its Deputy Governor from 2013-2016. He has extensive experience in both the infrastructure and energy sectors, having served as President (Business Development) at Reliance Industries Limited from 2007-2011 and Executive Director and member of the Management Committee of the Infrastructure Development Finance Company Ltd. from 1997-2006. He recently served as independent director in various publicly listed private-sector corporations.

    Patel received his Ph.D. in Economics from Yale University. In 2019 he was awarded the Wilbur Cross Medal by Yale University; and he is an Honorary Fellow of Linacre College, University of Oxford. From 2009-2012 he was Nonresident Senior Fellow, The Brookings Institution, Washington, D.C. He has authored scholarly publications and papers in the areas of public finance, infrastructure, regulatory economics, monetary policy, global financial safety net, economics of climate change and theory of international trade. Patel is from India.
  • Ludger Schuknecht

    Ludger Schuknecht

    Vice President and Corporate Secretary

    Schuknecht is responsible for AIIB’s relations with its Members, the Board of Governors, the Board of Directors, other aspects of governance including the admission of new Members and the integrity of the Bank’s governance. Before joining AIIB in August 2021, he has held important leadership posts at the national and international levels. Most recently, he was a Visiting Professor at the Lee Kuan Yew School of Public Policy, Singapore. Prior to this role, he was Deputy Secretary-General at the Organization for Economic Co-operation and Development (OECD) and was previously Chief Economist and Director General of Germany’s Federal Finance Ministry. He has extensive experience working with international financial institutions, including the International Monetary Fund (IMF) and the World Trade Organization. He also acted as the Chief Negotiator for Germany in the founding of AIIB, making him one of the architects of AIIB and one of the drafters of its Articles of Agreement. In addition, Schuknecht was Co-chair of the Infrastructure Investment Working Group of the G20. He holds a Vordiplom in Economics from Ludwig Maximilian University of Munich, Germany; an MA in Economics from George Mason University, USA; and a Ph.D in Economics and a Habilitation in Economics from Universität Konstanz, Germany. Schuknecht is from Germany.
  • Mr. Luky Eko Wuryanto

    Dr. Luky Eko Wuryanto

    Vice President and Chief Administration Officer

    Wuryanto is responsible for overseeing human resources, information technology and facilities and administration services. In this position, Wuryanto is also chair of the Information Technology Committee and the Human Resources Review Committee. Before joining AIIB in April 2016, Wuryanto served in senior positions in the Indonesian government for more than 20 years, most recently as the Deputy Coordinating Minister for Infrastructure Acceleration and Regional Development, Coordinating Ministry for Economic Affairs. He has an undergraduate degree in engineering from Bandung Institute of Technology and a PhD in regional science from Cornell University. Wuryanto is from Indonesia.
Alberto Ninio

Alberto Ninio

General Counsel

Ninio advises the President and governance bodies of AIIB and is responsible for the legal aspects of the Bank's work. Prior to his appointment as General Counsel in January 2021, he was Director General of the Operational Services Department and led AIIB's operational support team in the areas of environment, social, procurement and financial management. Prior to joining AIIB in March 2020, Ninio served in a variety of senior roles both at the World Bank where he left as its Deputy General Counsel for Operations, and, more recently, at Vale S.A., a major multinational mining and logistics corporation based in Brazil, where he served as its Global Sustainability Director. Ninio brings over 30 years of experience in the international development, environmental law and corporate responsibility fields. He has law degrees from the Federal University of Rio de Janeiro and the American University in Washington DC. Ninio is from Brazil.
Dr. Martin L. Kimmig

Antoine Castel

Chief Risk Officer

Castel heads AIIB’s Risk Management Department. His main responsibilities are to ensure the stability and financial continuity of AIIB. He oversees risk capital allocation and utilization, manages financial and non-financial risks, including reputational consequences, as well as fosters a strong risk culture throughout the Bank. He further oversees the Bank’s compliance and integrity function assuring KYC/AML/Financial Crime and sanction compliance. Castel has extensive commercial and investment banking experience across Asia, Africa and Europe. Coming from a background in business development, he progressively grew his risk focus to balance significant commercial development with a selective risk approach. From 2018 to the end of 2020, he was Country Head of Société Générale (SG) in India, particularly active in aligning its credit portfolio and raising its renewable structured financing platform, but also leading the sound development of its footprint in financial markets. In 2017, he was deputy-CEO of SG in China where he was also in charge of Risk, Legal and Compliance. From 2000 to 2016, he held various financial markets management positions in China, South Africa and France in SG CIB and previously, in Credit Agricole CIB. He started in financial markets sales in 1998 after four years working for Danone. He is a graduate of Université Lumière Lyon II and holds a master’s degree in Finance with honors. Prior to a life in finance, he graduated EOR from IVème Bataillon ESM de Saint-Cyr and paratrooper from ETAP. Castel is from France.
Andrew Cross

Andrew Cross

Chief Financial Officer

Cross leads AIIB’s controller and treasury functions, and the development of new financial products and services, among other projects. Cross joined AIIB in May 2019 as the Assistant Chief Financial Officer (CFO). The role supported the CFO in ensuring sustainable financial strength and steady growth in financial resources, as well as safeguarding Triple-A credit ratings in support of AIIB’s overall mission. He was appointed CFO in January 2020. Prior to joining AIIB, Cross was the Deputy Treasurer at the International Finance Corporation (IFC), a member of the World Bank Group. He supported the IFC Treasurer in providing leadership and oversight for IFC treasury hub operations in London and Singapore. Cross joined IFC in January 2006 as a Principal Financial Officer and was a member of the funding team. He was involved in IFC’s market borrowing operations and emerging market local currency issuance program. Prior to that, Cross was an investment banker at Merrill Lynch International from 1993 to 2006, initially based in London. He worked as a Director in Debt Capital Markets with responsibilities spanning Sovereign, Corporate and Financial Institution Clients in the Europe, Middle East and African regions. From 2000 to 2002, Cross was based in Johannesburg at Merrill Lynch International with responsibilities for Southern Africa Debt Capital markets. He has an undergraduate degree from the University of Waikato, New Zealand and an MBA from the University of Cranfield, United Kingdom. Cross is from New Zealand.
Erik Berglof

Erik Berglof

Chief Economist

Berglof sets the vision and strategy for the Economics Department and leads the planning, implementation and supervision of its work plan in support of the Bank’s mandate. He is the Bank’s inaugural Chief Economist. Prior to joining AIIB in September 2020, he was Director of the Institute of Global Affairs, London School of Economics, and Chief Economist of the European Bank for Reconstruction and Development from 2006 to 2015, where he was part of creating and co-led the Vienna Initiative, a European crisis response team credited with mitigating the impact of the 2008 Global Financial Crisis. He is an expert in transition economics and institutional transformation through private sector development. He holds a PhD in Financial Economics and an MA in Business and Economics, both from the Stockholm School of Economics. Berglof is from Sweden.

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