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    <title>China&#039;s former Vice Finance Minister Zou Jiayi is AIIB&#039;s new President</title>
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    <description>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&#039;s term ends; the Board of Governors announced the leadership transition and noted the bank&#039;s shareholder voting distribution. Zou&#039;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.</description>
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