AIIB sets date for new president election
AIIB Opens Nomination Process for Next President
The Asian Infrastructure Investment Bank (AIIB) has officially opened the nomination process for the election of its next president. The election is set to take place at the 10th Annual Meeting of the Bank’s Board of Governors on June 24-26, 2025.
Candidates for the presidency must be nominated by AIIB Governors and must be a national of one of the Bank’s regional members. They should also possess the ability to formulate, articulate, and execute a clear vision that aligns with the Bank’s mission.
This upcoming election will mark the third presidential election for AIIB, as current President Jin Liqun is set to complete his second term on January 15, 2026.
Since its establishment in 2016, AIIB has grown to have 110 approved members globally and is capitalized at $100 billion. The bank is also AAA-rated by major international credit rating agencies.
AIIB has been actively cooperating with Azerbaijan since its inception, focusing on key areas such as transport, energy, and urban development to promote economic diversification and sustainable growth. One of the notable joint projects was the financing of the Trans-Anatolian Natural Gas Pipeline (TANAP) in 2016.
Furthermore, the bank has been investing significantly in Central Asia and the Caucasus region. Approved projects in countries like Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and the Caucasus countries have exceeded $5.5 billion. It is projected that an additional $4.5 billion will be allocated for the development of the region in the upcoming years.
AIIB’s commitment to fostering development and cooperation in Asia and beyond remains steadfast, as it continues to support infrastructure projects that contribute to sustainable growth and prosperity.
