AIIB to hold first annual meeting in June

Baku, May 13, AZERTAC

The board of governors of the Asian Infrastructure Investment Bank (AIIB) will hold its first annual meeting in Beijing on June 25-26, the bank announced in a press-release.

Governors and representatives from the bank's 57 founding signatories, along with invited observers from international partners, will attend the meeting, it said.

AIIB, a new global multilateral financial institution headquartered in Beijing, was formally established on December 25, 2015, and started operations on January 16.

Chinese Finance Minister Lou Jiwei was elected as the first chairman of the AIIB board of governors, and Jin Liqun first AIIB president. The board of governors will meet each year.

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