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OUR PROFESSIONAL STAFF
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OUR STAFF NATIONALITIES
We celebrated our second anniversary.
We released our Strategy on Financing Operations in Non-Regional Members.
We approved our Accountability Framework, a governance model that enhances efficiency and makes our President more responsible and accountable to shareholders.
We signed a Memorandum of Understanding with the African Development Bank and the African Development Fund to collaborate on sustainable economic development.
We approved two new prospective members (Papua New Guinea [regional] and Kenya [nonregional]), increasing our membership to 86.
We launched our inaugural AIIB Yearbook of International Law (“Good Governance and Modern International Financial Institutions”) based on our AIIB Legal Conference.
We signed a Memorandum of Understanding with the Islamic Development Bank Group to establish a framework for strategic cooperation and project cofinancing.
We approved Lebanon as a regional prospective member, increasing our membership to 87.
We held our inaugural Asian Infrastructure Forum in Mumbai, India.
We released our Transport Sector Strategy, which will guide our transportation infrastructure investments.
We approved our Policy on Public Information, enhancing our transparency and accountability to the public.
We signed a Memorandum of Cooperation with the Eurasian Development Bank to support project development in areas eligible for financial assistance from our respective banks.
We received our corporate environmental, social and governance ratings from ISS-oekom (Prime C+) and Sustainalytics (66, up from 56)—a notable achievement for a young organization.
We joined other MDBs in a declaration to cooperate in six key areas considered central to meeting the goals of the Paris Agreement.
We approved our Sustainable Cities Strategy.
We approved our Project-affected People’s Mechanism (PPM). The PPM enables project-affected people to file submissions if they believe they have been or are likely to be affected by our failure to implement our Environmental and Social Policy.
Our total approved project lending increased up to USD7.5 billion.
We approved six new nonregional prospective membership applications (Algeria, Ghana, Libya, Morocco, Serbia and Togo), increasing our total membership to 93.