Beijing, October 23, 2017
AIIB Taps International Experts for Strategic Advice
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and senior members of his team received strategic and actionable advice on AIIB’s long-term business model and how to navigate the global context of multilateral lending.
At its third meeting on October 19, AIIB’s International Advisory Panel (IAP) counseled the Bank and gave feedback on its plans to mobilize private capital. The panel shared in-depth views and provided detailed and specific advice, comments and suggestions on AIIB’s strategy, operation and governance.
AIIB established the IAP to advise the President and senior management on the development of the Bank’s strategies, policies and operational approach. The panel meets twice a year for discussions on a range of topics where AIIB benefits from panel members’ wide international experience and expertise.
"The Bank is at an early stage and the IAP members are our lighthouse,” said President Jin. “Our achievements to date are in part due to the support the IAP has given us. We remain most grateful for their contribution and I look forward to us continuing to develop and grow under the IAP’s guidance."
Panel members in attendance were Zeti Akhtar Aziz, former governor of Malaysia's central bank; Yukio Hatoyama, former prime minister of Japan; Steve Howard, secretary general of the Global Foundation; Oh-Seok Hyun, chair professor of the Korea National Diplomatic Academy and Korea's former deputy prime minister and minister of strategy and finance; Ngozi Okonjo-Iweala, former finance minister of Nigeria and former managing director of the World Bank; Paul Speltz, chair and CEO of Global Strategic Associates and former United States ambassador; Lord Nicholas Stern, professor at the London School of Economics and former chief economist of the World Bank; and Ngaire Woods, inaugural dean of the Blavatnik School of Government and professor of Global Economic Governance.
Washington, April 19, 2018
Asian Infrastructure Investment Bank and African Development Bank sign MoU to promote cooperation
A Memorandum of Understanding to enhance collaboration on sustainable economic development was signed on April 18 by the Asian Infrastructure Investment Bank and the African Development Bank and formalized during the World Bank-International Monetary Fund Spring Meetings in Washington, DC.READ MORE
Beijing, April 11, 2018
AIIB invests $140M to Improve Rural Connectivity in India
Approximately 1.5 million rural residents in Madhya Pradesh, India, stand to directly benefit from improved livelihoods, education and mobility with the USD140-million loan approved by the Board of Directors of the Asian Infrastructure Investment Bank (AIIB).READ MORE
Beijing, April 05, 2018
AIIB Adopts Strategy on Private Capital Mobilization
The Asian Infrastructure Investment Bank (AIIB) has released its "Strategy on Mobilizing Private Capital for Infrastructure" to further define the bank’s approach to making investment in emerging market infrastructure more attractive to private investors.READ MORE