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The AIIB After Two Years

The AIIB After Two Years

Speaker(s)

Jin Liqun, President and Chair, Asian Infrastructure Investment Bank

Date and Time

May 4, 2018 4:45 PM - 6:15 PM

Availability

RSVP

RSVP required by 5PM May 03.

Location

Mackenzie Room

Jen-Hsun Huang Engineering Building, 3rd Floor

475 Via Ortega, Stanford, CA 94305

For directions to the Jen-Hsun Huang Engineering Center, please click here.


The Asian Infrastructure Investment Bank (AIIB) commenced operations on January 16, 2016. The Bank has approved 24 projects totaling US$4.26 billion to date, and its approved membership totals 84 with 64 members having completed all membership requirements and 20 prospective members in the process of finalizing their membership.
 
President Jin Liqun will give his assessment of the bank’s first two years – its accomplishments and challenges – and the future direction of the Asian Infrastructure Investment Bank. What is the potential impact of AIIB’s financing for regional infrastructure, trade connectivity and economic relations? How can multilateral institutions and various stakeholders best address the US$26 trillion infrastructure gap (from 2016 to 2030) in Asia? How is the AIIB distinguishing itself from other multilateral development banks like the World Bank and the Asian Development Bank? What is the AIIB’s commitment and contributions toward global economic governance and best international practices?


Jin Liqun is the inaugural President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB). Before being elected as the Bank’s first president, he served as Secretary-General of the Multilateral Interim Secretariat (MIS) tasked with establishing AIIB. Immediately prior to assuming the role of Secretary-General of the MIS, he was Chair of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chair of the Supervisory Board, China Investment Corporation. From 2009 to 2012, he served as Deputy Chair then subsequently as Chair of the International Forum of Sovereign Wealth Funds. From 2003 to 2008, Jin was Vice President, and then Ranking Vice President, of the Asian Development Bank (ADB), in charge of programs for South, Central and West Asia and private sector operations. He joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister before becoming Vice Minister in 1998. He was also a Member of the State Monetary Policy Committee. Earlier in his career, he served as Alternate Executive Director for China at the World Bank and at the Global Environment Facility as well as Alternate Governor for China at ADB. Jin holds a master’s degree in English Literature from Beijing Institute of Foreign Languages (now Beijing Foreign Studies University). He was also a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. Jin is a national of the People’s Republic of China.


 

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