Beijing, March 31 (AseanAll) — In line with the rules and procedures for the election of AIIB's President, China nominated Madam ZOU Jiayi as the candidate for AIIB's next President on March 31, 2025, according to China's Ministry of Finance.
File photo:ZOU Jiayi Photo source：China's Ministry of Finance
Madam ZOU Jiayi has served as Deputy Secretary-General of the National Committee of the Chinese People's Political Consultative Conference, a position at ministerial level.
Previously, ZOU Jiayi was the Vice Minister of Finance, overseeing international affairs and represented China as Alternate Governor for the World Bank Group, the Asian Development Bank, the AIIB, and the New Development Bank, and as Governor for the International Fund for Agricultural Development. During her career, she worked at the World Bank Group for over nine years, including serving as Executive Director for China and from June 2007 to September 2009 as the Co-dean of the Board of Executive Directors.
With over three decades of substantial experience in international development cooperation, ZOU Jiayi possesses profound insights and strategic foresight on key global economic issues, along with steadfast commitment to and strong alignment with international development. She is renowned for her extensive experience in international financial institutions, outstanding leadership in consensus-building, sharp judgment, and exceptional communication skills. She has also been actively engaged in discussions on critical global economic issues across various multilateral and bilateral platforms.
In particular, ZOU Jiayi played a pivotal role in the establishment of AIIB, and contributed numerous valuable insights to enhance its operation and development.
AIIB will elect its next President at the Tenth Annual Meeting of the Board of Governors in late June in Beijing.
AIIB is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. AIIB began operations in Beijing in 2016 and has since grown to 110 approved members worldwide. AIIB is capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
