Zou Jiayi: First Woman President of AIIB

Zou Jiayi has been elected as the next President of the Asian Infrastructure Investment Bank (AIIB) by its Board of Governors. She will assume office on January 16, 2026, after the conclusion of the term of founding President Jin Liqun. Zou Jiayi becomes the first woman to lead AIIB and its second President.

About Zou Jiayi

  • Former Chinese Vice Finance Minister.
  • Has served in senior financial roles, including in China’s sovereign wealth fund and Asian Development Bank (ADB).
  • Expected to continue AIIB’s support to the Belt and Road Initiative (BRI) of China.

About Asian Infrastructure Investment Bank (AIIB)

FeatureDetails
FoundedJanuary 2016
HeadquartersBeijing, China
TypeMultilateral Development Bank
PurposeTo finance infrastructure and sustainable development projects in Asia
Founding MemberIndia
Membership110 countries
Main FocusAsia-Pacific region

Unique Features:

  • Borrowing members are principal contributors, unlike other MDBs dominated by Western donors.
  • Established as an alternative to World Bank and IMF for infrastructure financing.

Membership Facts:

  • India: Founding member and largest project portfolio within AIIB.
  • Total Authorized Capital: USD 100 billion
  • Largest Shareholders:
    • China: ~27% voting share (contributed USD 50 billion)
    • India: ~8% voting share (contributed USD 8.4 billion)
    • Followed by Russia and Germany
  • Non-members: USA, Japan, Mexico, European Union

Organisational Structure of AIIB

BodyFunction
Board of GovernorsHighest decision-making body. Each member appoints one Governor and one Alternate Governor.
Board of DirectorsHandles strategic, operational, and financial oversight.
PresidentElected by the Board of Governors; heads the Bank’s daily operations under direction of the Board of Directors.

India and AIIB

  • Second-largest shareholder
  • Largest project portfolio funded by AIIB
  • Key sectors funded include transport, energy, urban development, etc.

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