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AIIB scouts globally for top talent

AIIB scouts globally for top talent

Preliminary meetings draw experienced executives as process starts to build steam

The Asian Infrastructure Investment Bank has not been formally established, but the global hunt for talent has already begun.

In early March, a workshop on the institutional development of the new bank was held behind closed doors in Beijing.

But only one of the attendees shown in a photograph published later was Chinese. That was Jin Liqun, chairman of the Multilateral Interim Secretariat of the AIIB.

The two-day workshop discussed the global financial and banking environment and the social framework of multilateral banks, governing structures and procurement policies. Similar topics were discussed at a meeting of delegates in Almaty, Kazakhstan, at the end of March.

The meetings drew officials from major multilateral financial organizations, including the World Bank, Asian Development Bank and European Bank for Reconstruction and Development.

Executives with working experience in international institutions are just what the AIIB is looking for as it seeks to develop standards relating to transparency and lending.

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