Beijing, China, January 05, 2024

AIIB Leadership Team Update

Urjit R. Patel, Vice President for Investment Operations (Region 1), has decided to resign from his position at the Asian Infrastructure Investment Bank (AIIB) due to family health matters. Mr. Patel’s resignation will come into effect on Jan. 31.

Vice President Patel has been a valuable member of the AIIB senior management team since January 2022 playing a key role overseeing our operations in South Asia, the Pacific Islands and Southeast Asia. We thank him for his outstanding contribution in helping AIIB to deliver its mission and wish him all the best for the future.

As of Feb. 1, Rajat Misra, Director General Infrastructure Region 1, will be appointed as the acting Vice President Investment Operations. An open and competitive process for recruiting a replacement will begin in due course.

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