Sunday 23 October 2016

Dr. Ngozi-Okonjo Iweala appointed board member of Asian Infrastructure Investment Bank

Former Nigeria's Minister of Finance, Dr.
Ngozi Okonjo-Iweala has been appointed a
member of the international advisory panel
of Asian Infrastructure Investment Bank
(AIIB), a multilateral Development bank set
up on December 25, 2015, with an initial
capital of$100billion, one million shares and
an initial paid-up capital of $20 billion.

A statement issued at the weekend by AIIB
Senior Communication Officer, Mr Song Liya
said Okonjo-Iweala would join 10 other key
persons on the panel.

"The panel provides impartial, objective and
independent advice to the President, allowing
the Bank to benefit from the international
experience and expertise of panel members,"
The AIIB President, Jin Liquin also said the
panel members would advise the Bank on the
development of its strategy.

"It is a great honour to convene such an
experienced and diverse group of
international leaders to advise on the
development of the Bank's strategy," Jin said
"I have no doubt that the advice the panel
provides will help shape the development of
the Bank in the years ahead.

I could not ask
for a better group of ambassadors to help
promote our new Bank to the world," he
added.

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