1030 15th St. NW, 12th FloorWashington, DC CLICK HERE TO WATCH THE WEBCAST
The Asian Infrastructure Investment Bank and Multilateralism in the Twenty-First CenturyA discussion with:The Honorable Jin Liqun President and Chairman
Asian Infrastructure Investment BankModerated by:Mr. Olin WethingtonSenior Fellow
Brent Scowcroft Center on International Security
Atlantic CouncilIntroduction by: Mr. Frederick KempePresident and CEO
Please join the Atlantic Council's Brent Scowcroft Center on International Security for an address and moderated discussion with Jin Liqun, President and Chairman of the Asian Infrastructure Investment Bank (AIIB). He will offer his vision for the development of the AIIB, its approach to providing financing for Asian infrastructure, and the AIIB's internal governance process, as well as his thinking on multilateralism in the Asian-Pacific region. The AIIB celebrated its first year of operations in January and to date has invested over $2 billion in twelve projects across Asia. President Jin has characterized the AIIB as "lean, clean, and green" and has emphasized the importance of operating the AIIB according to the highest international standard.
Before being elected to serve as AIIB’s first president, Mr. Jin was Chairman of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chairman of the Supervisory Board, China Investment Corporation (CIC). From 2009 to 2012, President Jin served first as Deputy Chairman, and subsequently as Chairman of the International Forum of Sovereign Wealth Funds (IFSWF). He has also held senior positions at the China’s Ministry of Finance, the Asian Development Bank and the World Bank. On Twitter? Follow @ACScowcroft and use #ACAsiaAtlantic Council
1030 15th Street NW, 12th Floor (West Tower Elevator)
This event is open to press and on the record. Please note that we will not be able to accommodate cameras at the event. A webcast of the remarks will be available during and after the event.
VISITING THE COUNCIL: Metro and parking info
BiosA conversation with: Jin Liqun
has been the President at The Asian Infrastructure Investment Bank since January 16, 2016. Mr. Jin served as the Vice President of Operations 1 at the Asian Development Bank (ADB) from August 1, 2003 to July 18, 2008.
Before joining the ADB in August 2003, Mr. Jin served as the Vice Minister of Finance, a Director General of the World Bank Department at the Ministry of Finance and an Alternative Executive Director of China to the World Bank Group. Mr. Jin served as the Chairman of the Board of Supervisors of Central Huijin Investment Ltd. He served as the Chairman of China International Capital Corporation Limited from May 17, 2013 to October 2014. He served as the Chairman of the Board of Supervisors of China Investment Corporation. He serves as a Deputy Chair of the International Forum of Sovereign Wealth Fund. Mr. Jin served as AIIB's President-designate from September 1, 2015 until his appointment as President on January 16, 2016.
Prior to his selection as President-designate, he served as Secretary-General of the Multilateral Interim Secretariat (MIS), the entity tasked with preparing the and legal, policy administrative frameworks and undertaking other preparatory work required for the establishment of AIIB. He served as Chairman of the Supervisory Board at China Investment Corporation (CIC) from 2008 to 2013. Mr. Jin served first as Deputy Chairman and subsequently as Chairman of the International Forum of Sovereign Wealth Funds (IFSWF) Mr. Jin joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister and became Vice Minister in 1998. He holds a M.S. from Beijing Foreign Studies University and was a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. Mr. Jin holds an M. A. degree in English Literature from Beijing Institute of Foreign Languages (also known as Beijing Foreign Studies University).Moderated by:Olin Wethington
is a Senior Fellow at Atlantic Council’s Brent Scowcroft Center on International Security. He is the founder and chairman of Wethington International LLC, an investment and business advisory firm focused on advising institutions on capital investment, financial structure, and business strategy in emerging markets.
He previously served as chairman, AIG Companies in China, with responsibilities for the operation and expansion of AIG’s business in China, including the broadening of its financial services platform in China.
Wethington has also held a number of positions in the US government, including: special envoy on China; counselor to the secretary of the US Treasury; director, economic policy, Coalition Provisional Authority (Baghdad, Iraq); assistant secretary for international affairs, US Treasury; special assistant to the president and executive secretary of the Economic Policy Council, White House; and deputy undersecretary for international trade, US Department of Commerce.
Wethington was previously a partner at Steptoe & Johnson (Washington, DC). He is a graduate of Harvard Law School and the University of Pennsylvania. He is a member of the Council on Foreign Relations, the Board of Trustees of the George C. Marshall Foundation, the Board of Directors of the International Republican Institute, and the Council on Global Financial Regulation. He is a recipient of the Alexander Hamilton Award, the highest honor of the US Department of the Treasury. Back