Wednesday, January 20, 2016

Board of Directors of AIIB



Dinesh Sharma, Additional Secretary of Ministry of Finance has been elected to the 12-member board for which a secret ballot was held on 16 january 2016.India’s Dinesh Sharma has been elected to the board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB).Union Finance Minister Arun Jaitley is the designated governor of the AIIB from India. 

Launched Asian Infrastructure Investment Bank



China-backed Asian Infrastructure Investment Bank (AIIB), in which India and 56 countries have joined as founding members, was formally opened here today by Chinese President Xi Jinping on 16 january 2016.57 countries have joined as founding members, while the US and Japan have stayed out. Chinese Premier Li Keqiang will address the founding conference of the AIIB council.

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