The establishment of the Asian Infrastructure Investment Bank (AIIB) has been seen as a shift from the traditional US-led Bretton Woods system to the East, given that it is the first multilateral institution led by China. With 57 members, including the UK, Germany and Sweden, the AIIB is evolving fast.
His primary responsibilities at the AIIB are to develop and monitor the implementation of the Bank’s strategic agenda and translate this agenda into the Bank’s lending programme and budget; to develop the policies and procedures for the Bank’s operational investment portfolio; to support the implementation of the Bank’s operational policies, including environment and social, procurement and financial management; and to oversee compliance with all of the Bank’s operational policies.
Before joining the AIIB, he worked with the World Bank for 25 years where he was in charge of development finance, operations policy and country services, the Bank’s modernisation and reform agenda. He was also the Country Director for Indonesia and the Philippines.
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