Political News

Okonjo-Iweala appointed alongside 10 international leaders to join Asian Infrastructure Investment Bank (AIIB) board

Dr. Mrs. Ngozi Okonjo-Iweala

Dr. Mrs. Ngozi Okonjo-Iweala, the former Minister of Finance, under the Ex-President Goodluck Jonathan, has been appointed a member of the International advisory panel of the Asian Infrastructure Investment Bank (AIIB).

Her appointment was announced on Friday by Mr. Song Liyan, the Senior Communication Officer of the AIIB.

According to Mr. Liyan, Okonjo-Iweala would join 10 other key persons on the AIIB panel.

“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,” Liyan said.

Mr. Liyan also quoted the President of the Asian Infrastructure Investment Bank, Jin Liqun, saying that Okonjo-Iweala with 9 other international leaders would advise the bank on its development strategy.

“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,” Jin said.

Other members of the panel includes; former Bank Negara Malaysia governor, Dr Zeti Aziz; former Pakistan Prime Minister, Shaukat Aziz; former Swedish finance minister, Anders Borg; former Timor-Leste finance minister, Emilia Pires; and former World Bank chief economist, Nicholas Stern.

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Others include; former Japanese Prime Minister, Yukio Hatoyama; Global Foundation secretary-general, Steve Howard; Korea National Diplomatic Academy chair professor and former South Korean deputy prime minister and strategy and finance minister, Dr Oh-Seok Hyun.

Also part of the panel are; Former U.S. ambassador Paul Speltz and London School of Economics professor and former Hong Kong chief executive Tung Chee-Hwa.

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