The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) convened its inaugural meeting on January 16, 2016, declaring the Bank open for business and electing Mr. Jin Liqun as President for a five year term.
Mr. Jin has served as AIIB's President-designate since September 1, 2015. Prior to his selection as President-designate, he served as Secretary-General of the Multilateral Interim Secretariat (MIS), the entity tasked to prepare the legal, policy and administrative frameworks and undertake other preparatory work required for the establishment of AIIB.
Immediately prior to assuming the role of Secretary-General of the MIS, Mr. Jin was Chairman of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chairman of the Supervisory Board, China Investment Corporation (CIC). From 2009 to 2012, Mr. Jin served first as Deputy Chairman, and subsequently as Chairman of the International Forum of Sovereign Wealth Funds (IFSWF).
From 2003 to 2008, Mr. Jin was Vice President, and then Ranking Vice President, of the Asian Development Bank (ADB), in charge of programs for South, Central and West Asia, and private sector operations.
Mr. Jin joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister, and became Vice Minister in 1998. He was also a Member of the State Monetary Policy Committee. Earlier in his career, Mr. Jin served as Alternative Executive Director for China at the World Bank and at the Global Environment Facility as well as Alternative Governor for China at the ADB.
Mr. Jin holds an M. A. degree in English Literature from Beijing Institute of Foreign Languages (now Beijing Foreign Studies University). He was also a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. He is a national of the People’s Republic of China.