Beijing, China, March 23, 2017
AIIB Welcomes New Prospective Members
Bank approves 13 new applicants; Expands membership to 70
Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving 13 applicants to join the Bank, bringing the Bank’s total approved membership to 70. This is the first time AIIB has welcomed new prospective members to the Bank since its inception. The approved applicants include five regional and eight non-regional prospective members.
The approved applicants are as follows:
|Regional Prospective Members||Non-Regional Prospective Members|
|Hong Kong, China||Hungary|
|Repubic of Sudan|
“The interest in joining AIIB from around the world affirms the rapid progress we have made to establish the Bank as an international institution," said Jin Liqun, President, AIIB. “I am very proud that AIIB now has members from almost every continent, and we anticipate further applications being considered by our Board of Governors later this year.”
The 13 prospective members will officially join AIIB once they complete the required domestic processes and deposit the first installment of capital with the Bank. The shares allocated to the new prospective members come from the Bank’s existing pool of unallocated shares.
At its launch in January 2016, there were 57 signatories to AIIB’s Articles of Agreement. The Bank expects to welcome more prospective members throughout the year.
AIIB is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. Headquartered in Beijing, AIIB’s mission is to improve economic and social development in Asia by investing in high quality, financially viable and environmentally friendly infrastructure projects.
Beijing, April 28, 2017
Mr. Jan Engström and Mr. Chaly Mah Have Been Appointed as External Members of AIIB’s Audit Committee
The Asian Infrastructure Investment Bank announced today that Mr. Jan Engström and Mr. Chaly Mah have been appointed by President Jin Liqun as external members of the Audit Committee of the Board of Directors. The innovative combination of the board directors and the external members as members of the Audit Committee is designed to enhance good governance and accountability within the Bank.READ MORE
Beijing, April 27, 2017
AIIB Invites the Public to Help Design Its Complaints Handling Mechanism
The Asian Infrastructure Investment Bank announced today that its independent Compliance, Effectiveness and Integrity Unit (CEIU) is inviting the public to submit recommendations on the design of the AIIB Complaints Handling Mechanism.READ MORE
Washington, April 23, 2017
World Bank and AIIB Sign Cooperation Framework
World Bank Group President Jim Yong Kim and Asian Infrastructure Investment Bank President Jin Liqun today signed a memorandum of understanding to strengthen cooperation and knowledge sharing between the institutions.READ MORE