Mrs Ngozi Okonjo-Iweala has been made a member of the
international advisory panel of Asia Infrastructure Investment Bank. The AIIB
Senior Communication Officer, Mr. Song Liyan, in an announcement on Friday,
declared that Okonjo-Iweala would join 10 other key people on the board.
According to the announcement, “The Panel provides
impartial, objective and independent advice to the President, allowing the Bank
to benefit from the international experience and expertise of panel members.”
In a statement, the AIIB President, Jin Liqun, was cited as
saying that the members of the panel would
educate the bank on the improvement with respect to its system.
It said, “It is a great honour to convene such an
experienced and diverse group of international leaders to advise on the
development of the Bank’s strategy.
“I have no doubt that the advice the panel provides will
help shape the development of the Bank in the years ahead.
“I could not ask for a better group of ambassadors to help
promote our new Bank to the world.”
Members of the panel are made up of previous Bank Negara
Malaysia governor Dr Zeti Aziz, previous Pakistan Prime Minister Shaukat Aziz,
and previous Swedish finance mininster Anders Borg.
The others includes previous Timor-Leste finance minister
Emilia Pires, previous World Bank boss financial expert Nicholas Stern and
previous Japanese Prime Minister Yukio Hatoyama, Global Foundation
secretary-general Steve Howard.
Likewise included are Korea National Diplomatic Academy chair
educator and previous Hong Kong delegate leader and technique, and finance mininster
Dr Oh-Seok Hyun.
Previous U.S. minister Paul Speltz and London School of
Economics educator and previous Hong Kong CEO Tung Chee-Hwa are the rest of the
board individuals.
AIIB, a multilateral international development bank was set
up on Dec. 25, 2015, with an underlying capital of 100 billion U.S. dollars
(RM419bn), one million shares and an underlying paid-up capital of 20 billion
U.S. dollars.
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