Established : 2016
Headquarter : Beijing, China The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, It began operations in January 2016. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future. AIIB Voting Share The AIIB's initial total capital is $100 billion. China is contributing $50 billion, half of the initial subscribed capital. India is the second-largest shareholder, contributing $8.4 billion. China's voting share at the AIIB (28.7%) is substantially larger than that of the second-largest AIIB member nation, India (8.3%).The largest shareholders after India are Russia (6%), Australia (4%), and Turkey (3%). President of Asian Infrastructure Investment Bank (AIIB) President who is elected by AIIB shareholders for a five-year term and eligible for reelection once. Board of Governors The Board of Governors consists of one Governor and one Alternate Governor appointed by each member country. Board of Directors Board of Directors is responsible for the direction of the Bank’s general operations, exercising all powers delegated to it by the Board of Governors. Sources : AIIB |
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