China-led AIIB announces five new vice-presidents

Updated: 2016-02-06 10:31

(Xinhua)

President of Asian Infrastructure Investment Bank (AIIB) Jin Liqun greets journalists as he arrives at a news conference in Beijing January 17, 2016.[Photo/Agencies]

AIIB President Jin Liqun, former vice finance minister of China, said the leadership team is "an exceptionally strong and committed group who will bring wide and varied experience and a wealth of expertise that will serve the bank well".

Proposed by China, the AIIB aims to support infrastructure projects in Asia and has 57 prospective founding members with an authorized capital of $100 billion.