Jin Liqun re-elected president of AIIB

His second five-year term will begin January 16, 2021

Jin Liqun, Asian Infrastructure Investment Bank, AIIB, United Nations, Standard & Poor

Jin Liqun has been elected to a second term as president of the Asian Infrastructure Investment Bank (AIIB) by the Bank’s board of governors.

President Jin’s second five-year term will begin January 16, 2021.

“It has been a tremendous privilege to lead the Asian Infrastructure Investment Bank during its foundational years,” said Liqun. “We have established high standards of governance, we are investing in projects that improve lives and livelihoods and we are establishing ourselves in global capital markets. A lot has been achieved thanks to the efforts of our staff and our Board, plus the support granted to AIIB from its members and the development community.”

Under his leadership, AIIB has grown from 57 founding members to over 100 approved members from around the world. The Bank has also maintained the highest credit ratings with a stable outlook from the largest credit rating agencies – Standard & Poor’s, Moody’s and Fitch. Permanent Observer status was also granted by the United Nations (UN) in recognition of AIIB’s relevance and contribution to the UN’s development mandate.

“As we look forward to the next decade, we will expand our investments from core infrastructure to the infrastructure for tomorrow – infrastructure that will tackle climate change, enhance connectivity within Asia and the rest of the world, mobilize private capital and bridge digital divides in our region,” said Jin. “I look forward to continuing to serve our members and further contributing to the multilateral efforts to help build a more sustainable, more prosperous Asia.”

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

july 2020
04 Jul 2020