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<h1>AIIB presidency appointment secures leadership succession and continuity for the bank's multilateral infrastructure finance mission.</h1> Zou Jiayi has been named president of the Asian Infrastructure Investment Bank to succeed the founding president, with a five year term beginning the day after the incumbent's term ends; the Board of Governors announced the leadership transition and noted the bank's shareholder voting distribution. Zou's experience with major international financial institutions was highlighted. The AIIB is a multilateral development bank focused on financing infrastructure with sustainability at its core and has over one hundred approved members.