Beijing, January 17, 2016
Inaugural meeting of the AIIB’s Board of Governors
The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Governors was held in Beijing on January 16-17, 2016. 30 Governors, representing over 74 percent of the AIIB’s allocated capital, participated. They were joined by observers from the 27 signatories to the Bank’s Articles that are still completing the membership process.
The Governors approved the AIIB’s by-laws, rules and codes of conduct. The Governors elected the Bank’s Board of Directors and Mr. Jin Liqun as the first President of the Bank. The Bank was declared open for business by the Governors on January 16, 2016. The inaugural meeting of the Bank’s Board of Directors was called to take place in Beijing on January 17-18, 2016.
The AIIB, which will be located in Beijing, will be a new multilateral financial institution designed to provide financial support for infrastructure development and regional connectivity in Asia. The Bank is expected to foster sustainable economic development, create wealth and improve infrastructure connectivity in Asia by investing in infrastructure and other productive sectors. It will also promote regional cooperation and partnership in addressing development challenges by working in close collaboration with other multilateral and bilateral development institutions.
Beijing, China, January 18, 2021
AIIB President Jin Liqun Appoints Alberto Ninio as General Counsel
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun announced that Alberto Ninio has been appointed as the Bank’s General Counsel effective Jan. 18, 2021.READ MORE
Beijing, China, January 13, 2021
AIIB Forecasts Five Key Infrastructure Trends in Post-COVID Recovery
The Asian Infrastructure Investment Bank (AIIB) is identifying five emerging infrastructure trends that will shape Asia’s post-COVID-19 recovery that are based on the Bank’s experience and analysis over five years of operations.READ MORE
Beijing, China, December 23, 2020
AIIB Approves First Sovereign Loan to Cambodia To Help Rural Recovery
The Asian Infrastructure Investment Bank (AIIB) has approved its first sovereign-backed financing to Cambodia to support the government’s recovery efforts following the adverse impact of the COVID-19 pandemic on the country’s rural population.READ MORE