Beijing, China, June 19, 2020

Nomination Process Closed: 2020 Presidential Election

The Asian Infrastructure Investment Bank (AIIB) has closed the nomination process for the election of its next President.

The 2020 Presidential Election launched May 19, 2020 with the opening of nominations for candidates. The nomination period closed on June 18, 2020 at 6:00 p.m. Beijing time.

During the nomination process, each Governor was able to submit one nomination for the President of AIIB. Candidates had to be nationals of a regional member of the Bank. Nominees had to be able to demonstrate, among other requirements, a track record of executive leadership, impeccable integrity, and familiarity with infrastructure and international development challenges, with preference for experience in Asia.

The nominee is:

  • Jin Liqun, President of AIIB, was nominated for a second term by Liu Kun, AIIB Governor and China’s Finance Minister.

The election will take place during the Bank’s fifth Annual Meeting of the Board of Governors to be held virtually on Tuesday, July 28, 2020.

The presidential candidate must receive an affirmative vote of two-thirds of the total number of Governors, representing not less than three-fourths of the total voting power of the members to be declared the next President of AIIB. The election results will be announced by the Chair of the Board of Governors during the fifth Annual Meeting.

The five-year term of the newly elected President will commence on Jan. 16, 2021.

The 2020 election and future elections in the Bank are governed by the Rules for the Election of the President, which were adopted by the Board of Governors in December 2019. The Rules establish qualification criteria of the candidates and assurance mechanisms supporting an “open, transparent and merit-based" selection process, as required by the Articles of Agreement. This includes arrangements for nomination, shortlisting, interviews and the conduct of the election itself. It also provides the inclusion of the Bank’s external auditor in the process for the tally of votes.

The details of the steps of the 2020 election is provided in the Process for Election of the President.

 

 

Logos for Download

Our logo is available in JPEG and PDF format.

DOWNLOAD


Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL

More News Articles

Beijing, May 30, 2023

AIIB Supports Multilateral Transport Initiative for Improved Transport Data

The Asian Infrastructure Investment Bank (AIIB) is engaging with the Asian Transport Outlook (ATO) initiative to strengthen the knowledge base on transport in the Asia-Pacific region.

READ MORE

Beijing, May 19, 2023

AIIB Appoints a New External Member of its Audit and Risk Committee

The Asian Infrastructure Investment Bank (AIIB) has appointed Teresa Lin as external member of the Audit and Risk Committee (ARC) of the Board of Directors. Lin’s term follows the end of the three-year term of Ai Phing Cheng in April 2023. Elisabeth Stheeman continues to serve as external member to the ARC.

READ MORE

Beijing, May 11, 2023

AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure

The Asian Infrastructure Investment Bank (AIIB) has successfully priced its first Climate Adaptation Bond, a thematic bond issued under the AIIB Sustainable Development Bond Framework. The 5-year bond raised AUD500 million, and the proceeds will be allocated to projects that have an estimated climate adaptation finance portion of 20 percent or greater of the total project financing.

READ MORE

Beijing/London, April 27, 2023

Research Shows How AIIB-Amundi Climate Change Investment Framework Can Guide Investors

The Asian Infrastructure Investment Bank (AIIB), Amundi and Climate Bonds Initiative (CBI) announce the publication of the Companies and Climate Change report, developed by Fitch Solutions, the Carbon Trust, and CBI. This report presents the first research application of the AIIB-Amundi Climate Change Investment Framework (CCIF).

READ MORE

Home Media Center AIIB News Nomination Process Closed: 2020 Presidential Election