Jiayi ZOU

AIIB Alternate Governor, Vice Minister of Finance, People’s Republic of China

Madam Jiayi Zou serves as Vice Minister of the Ministry of Finance of China since June 2018. Prior to her current position, she served as commissioner at the National Commission of Supervision from March-June 2018, and served as Vice Minister of the Ministry of Supervision from April 2017 to March 2018. Previously, she held numerous prestigious positions including Chief Inspector of the Central Commission for Discipline Inspection of the Inspector’s Office of the Central Foreign Affairs Office and Assistant Minister of the Ministry of Finance. Madam Zou has broad international experience having served as Director General at several departments in charge of international economic and financial affairs of the Ministry of Finance from 2009 to 2015 and Executive Director for China at the World Bank in Washington D.C. from 2005 to 2009. Madam Zou obtained a Master’s Degree in International Economic Relations from the Graduate School of the Chinese Academy of Social Sciences (CASS).

Jin Liqun

President, AIIB

Jin Liqun is the inaugural President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB). Before being elected as the Bank’s first president, he served as Secretary-General of the Multilateral Interim Secretariat (MIS) tasked with establishing AIIB.

Immediately prior to assuming the role of Secretary-General of the MIS, he was Chair of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chair of the Supervisory Board, China Investment Corporation. From 2009 to 2012, he served as Deputy Chair then subsequently as Chair of the International Forum of Sovereign Wealth Funds.

From 2003 to 2008, 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.

He joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister before becoming Vice Minister in 1998. He was also a Member of the State Monetary Policy Committee. Earlier in his career, he served as Alternate Executive Director for China at the World Bank and at the Global Environment Facility as well as Alternate Governor for China at ADB.

Jin holds a master’s 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. Jin is a national of the People’s Republic of China.

Danny Alexander

Vice President & Corporate Secretary, AIIB

The Right Honorable Sir Danny Alexander is Vice President and Corporate Secretary of the Asian Infrastructure Investment Bank.

He joined the AIIB in February 2016, two months after the Bank was inaugurated. He is a member of the senior management team, with responsibility for governance and the Bank’s relations with its shareholders, Board of Governors, and Board of Directors. 

Prior to this Sir Danny Alexander was one of the founders and leaders of the first UK coalition government since World War II. Sir Danny has over 20 years of professional experience. From 2010-2015 he served as a senior minister in the UK Treasury, where he secured more than £100 billion of public expenditure savings. He has played an active role in driving international cooperation on tax, trade and transparency during the UK G8 presidency. A seasoned negotiator and communicator, Sir Danny has engaged with diverse stakeholders and partners on key public policies. He led the work on UK infrastructure policy and delivery, leading to the first National Infrastructure Plan, which is now embedded as an annual process. He helped to establish the Green Investment Bank in the UK and to develop and implement the UK Guarantee Scheme for infrastructure.

Sir Danny is a Visiting Fellow at Nuffield College, Oxford University, and an Honorary Fellow at St Anne’s College, Oxford. He has a BA in Philosophy, Politics, and Economics from Oxford University. 

Joachim von Amsberg

Vice President, Policy and Strategy, AIIB

Dr. Joachim von Amsberg drives the strategic direction for the Bank, including its sectoral and country priorities, its investment strategy and programming, its economic analysis and research, and its operating budget. He oversees the Bank's environmental and social policies, other operational policies, and their implementation.  He previously served in a number of progressively senior roles at the World Bank where he most recently held the position of Vice President, Development Finance where he was responsible for the replenishment and stewardship of the International Development Association (IDA), the World Bank’s fund for the poorest, and for trust fund and partnership operations. Dr. von Amsberg holds a Ph.D. in Economic Policy Analysis and an M.B.A. from the University of British Columbia. He also holds a M.Sc. in Industrial Engineering from the Technical University of Berlin.

Shi Yaobin

Chairman of the Budgetary Affairs Commission of the Standing Committee of the National People's Congress of the People’s Republic of China, Vice Chairman of the Financial and Economic Committee of the National People's Congress, People’s Republic of China, Chair of the Chief Negotiators' Meetings on Establishing the AIIB

Mr. Shi Yaobin is the Chairman of the Budgetary Affairs Commission of the Standing Committee of the National People's Congress (NPC) and Vice Chairman of the Financial and Economic Committee of the NPC of the People's Republic of China (PRC).

He has been serving the current positions since March 2018. Prior to that, he was Vice Minister of the Ministry of Finance (MOF) of the PRC from 2013 to 2018.

Previously Mr. Shi served as Director General of Hunan Provincial Finance Department from 2011 to 2013, and Mayor of Xiangtan of Hunan Province from 2010 to 2011.

Mr. Shi started his career in MOF, and later held senior positions in the Department of Tax Policy of MOF, serving as Director General from 2005 to 2010 and Deputy Director General from 2001 to 2005.

He holds a PhD in Economics from the Research Institute for Fiscal Science of MOF.

Dong lk (Don) Lee

Director General, Investment Operations (Region 1), AIIB

Don is the Director General, Investment Operations, Asia Infrastructure Investment Bank (AIIB). He joined AIIB in 2016 and his main focus has been developing and building private sector investment operations for the Bank. Before he joined AIIB, Don was the Chief Investment Officer (CIO) at Korean Investment Corp. (KIC), the Korean sovereign wealth fund. A well-known figure in the investment community in Korea, Don started his career with a decade at the International Finance Corporation (IFC/World Bank) in Washington DC, where he specialized in emerging markets equities. After spending five years as head of overseas investments at Samsung Life Insurance, he joined STIC Investments, the Korea-focused private equity fund, as head of investments, moving to KIC in 2008 as head of the private markets group. After he left KIC, he was a senior adviser to a number of international institutions, including Singapore’s Temasek.

Don is an economics graduate from Korea University and holds an MBA from George Washington University.

Gerard Sanders

General Counsel, AIIB

Mr. Gerard Sanders advises the President and governance bodies of AIIB and is responsible for the legal aspects of the Bank's work. Prior to joining AIIB in August 2016, he was General Counsel of the International Fund for Agricultural Development, a specialized agency of the United Nations, working at its headquarters in Rome.  Before that, Mr. Sanders held various positions at the European Bank for Reconstruction and Development in London, most recently as Deputy General Counsel. Earlier in his career, he worked with law firms in Wellington, Washington, D.C., and Amsterdam and in a corporate role in London.

Mr. Sanders has graduate law degrees from Victoria University of Wellington and Harvard Law School. He is a Chartered Accountant (Australia and New Zealand), a Fellow of the Chartered Institute of Arbitrators, a Chartered Fellow of the Chartered Institute for Securities and Investment, Senior Fellow of the British Institute of International and Comparative Law, and Visiting Professorial Fellow at Queen Mary College, University of London. Mr. Sanders is qualified to practice law in New Zealand, the state of Victoria in Australia and England and Wales. He is a national of New Zealand.

Konstantin Limitovskiy

Vice President, Investment Operations (Region 2), AIIB

Konstantin Limitovskiy has 28 years of experience in structuring and arranging financing solutions for corporates and capital-intensive projects in Central Asia, Russia, and Central and Eastern Europe. Before joining AIIB, Konstantin, as Deputy Chairman led business origination and structuring activities in infrastructure for the Eurasian Development Bank.  He has strong experience in arranging PPP and private sector project finance which he demonstrated being responsible for international project financing platform of VTB. Over the challenging period of 2009 and 2010 he  coordinated and supervised real estate loan portfolio and established the infrastructure finance practice for Sberbank and before that he developed structured finance business of Gazprombank and Alfa Bank with responsibility for real estate, project, export, leveraged and acquisition financing. Prior to that he led investment operations in energy and infrastructure at the Black Sea Trade and Development Bank (BSTDB)- MDB headquartered in Greece.  Konstantin graduated from the Financial Academy in Russia and also holds MA degree in geophysics. 

Laurel Ostfield

Director General, Communications, AIIB

Ostfield is responsible for building AIIB’s brand and driving its communications strategy, which includes media relations, civil society engagement, internal communications, sponsorship and digital communications. She is also accountable for AIIB’s commitment to transparency through its information disclosure policy. Prior to joining AIIB, she led the communications team at Capital One Canada. She has a BA in East Asian Studies from McGill University. Ostfield is a national of Canada.

Stefen Shin

Principal Investment Officer, AIIB

Mr. Stefen Shin is currently the Principal Investment Officer at the Asian Infrastructure Investment Bank, where he is a senior member of its investment department. Previous to this role, he has held positions at China Financial Futures Exchange in Shanghai, and leading global investment banks, including UBS, Lehman Brothers, Merrill Lynch, and JPM. He also has taught at several leading academic institutions, most recently at Central University of Finance and Economics in Beijing. He began his career on Wall Street with JPMorgan, and holds a Bachelor of Science degree from Columbia University, School of Engineering and Applied Science, in New York City.

Experiences with AIIB:

• Treasury Department (Nov 2016 – Oct 2018)
  • Manage (i) short term liquidity needs of AIIB (short-term assets and liabilities) and (ii) derivatives program (derivatives program is in partnership with funding, investments, client solutions, and ALM desks) both in front office capacity
  • Setup and create AIIB’s long term financial projection model, build cash coordination system and process, create paid-in capital management system, conduct selection of global custodian, assist in shaping ALM policy, lead production and negotiation of ISDA / CSA template with external counterparties, currently setting up ECP program, and money market fund investments

• Investment Operations (Oct 2018 – Present)
  • Current position:
    • Acting manager for Banking department, Region 2
    • Heads up the capital markets and structure finance vertical
  • List of projects which he is the Project Team Leader (PTL)
    • Singapore: Infrastructure Private Capital Mobilization Platform
    • Multicountry: Asia Climate Bond Portfolio
    • Russian Federation: Transport Sector Investment Loan