Introduction to CEIU
The primary responsibilities of CEIU are to (i) selectively assess the quality and results (for completed projects) of the Bank’s ongoing and completed investment portfolio, (ii) serve as the focal point for external requests or complaints regarding compliance with AIIB’s Environmental and Social Policy (ESP) under the Project-affected People’s Mechanism (PPM) Policy, and (iii) investigate project-related fraud and corruption cases under the Policy on Prohibited Practices.
Evaluation. CEIU’s independent learning and evaluation function contributes to continuous improvement as part of the Bank’s corporate and learning culture. Under this function, CEIU evaluates AIIB’s ordinary and special operations and determines whether these projects and processes are producing the expected results and delivering the value expected. CEIU also shares lessons from peer institutions and project stakeholders.
Integrity. Under its integrity function, CEIU carries out anti-fraud and corruption work in accordance with AIIB’s Policy on Prohibited Practices (PPP). This includes investigating and handling allegation relating to Prohibited Practices.
CEIU also provides independent input to AIIB’s President when Management formulates and/or reviews policies and strategies.
The PPM is a member of the Independent Accountability Mechanisms Network (IAMnet). IAMnet is “a virtual network of dedicated practitioners who contribute to the regular exchange of ideas and assist with institutional capacity building in accountability and compliance as components of corporate governance.”
IAMnet includes the accountability mechanisms of multilateral development banks. Participation in IAMnet allows for exchange of IAM good practices and strengthening of collaboration on institutional accountability and compliance.
AIIB is also part of the Global Delivery Initiative (GDI), “a collaborative effort to create a collective and cumulative evidence base of delivery know-how to inform development practice and improve implementation. The GDI and its partners support practitioners on the ground to adapt to dynamic contexts and solve stubborn delivery challenges.”
AIIB participates in the Conference of International Investigators, “a forum for investigators of international organizations to exchange ideas, discuss integrity issues, address challenges in fighting fraud and corruption, receive new developments and share leading practices.”