<h1>China's former Vice Finance Minister appointed as new Asian Infrastructure Investment Bank president starting January 2026</h1> China's former Vice Finance Minister was appointed as the new president of the Asian Infrastructure Investment Bank, succeeding the founding president. The appointment was announced during the bank's 10th Annual Meeting. The new president's five-year term begins in January 2026. China holds the largest shareholding at 26.54 percent, followed by India at 7.58 percent, Russia at 5.9 percent, and Germany at 4.1 percent. The multilateral development bank, operational since 2016, has 110 approved members worldwide and focuses on sustainable infrastructure financing.