Managing Director of Kuwait Investment Authority signed the Articles of Agreement of the Asian Infrastructure Investment Bank

Beijing, December 19, 2025

Update on Review of the PPM Policy

After a nearly two-year-long review of the AIIB’s Project-Affected People’s Mechanism (PPM) Policy the AIIB Board unanimously approved on Dec. 18 a revised PPM Policy. AIIB will now update the PPM Directive and Rules of Procedure accordingly and expects to publish the policy, directive and rules as a package on Jan. 2, 2026.

Beijing, December 16, 2025

AIIB Signs Landmark USD200 Million Loan for Public Transport System Redevelopment in the Republic of Benin

The Asian Infrastructure Investment Bank (AIIB) has signed a landmark USD200 million loan agreement to finance major enhancements to the public transport system in the Republic of Benin. Co-financed with the World Bank’s International Development Association (IDA) and supported by additional investments from private partners, the project represents a total investment of USD500 million, marking AIIB’s first operation in Benin and a significant step toward advancing sustainable and inclusive urban mobility in West Africa.

Beijing, December 15, 2025

Three Members Appointed to AIIB’s Sanctions Panel

Asian Infrastructure Investment Bank (AIIB) President Jin Liqun has appointed three members to the Bank’s Sanctions Panel. Bernard O’Donnell has been appointed as the Chair of the Sanctions Panel, effective December 1, 2025. He succeeds Enery Quinones, whose term concluded in November 2025. O’Donnell was previously appointed as an external member of AIIB’s Sanctions Panel in June 2025 following a competitive selection process.

Beijing, December 01, 2025

Sir Sherard Cowper-Coles Appointed as AIIB Vice President and Corporate Secretary

The Asian Infrastructure Investment Bank (AIIB) has appointed Sir Sherard Cowper-Coles as Vice President and Corporate Secretary, effective December 1. Cowper-Coles will oversee AIIB's Corporate Secretariat and Communications departments. He will drive governance functions and guide the Bank's external communications strategy, while supervising the Bank's awareness-building and brand and reputation management.