China-led AIIB to stay 'much leaner' than development bank peers

Vice president says bank seeks partners to fill Asia infrastructure finance gap

20191128 AIIB

The headquarters of the Asian Infrastructure Investment Bank in Beijing. The AIIB's staff of about 300 is much smaller than those of the World Bank and the Asian Development Bank. © AP

SHOTARO TANI, Nikkei staff writer

JAKARTA -- The China-led Asian Infrastructure Investment Bank is aiming to become a slimmer lending body than peers such as the World Bank and the Asian Development Bank, according to a senior AIIB executive.

Joachim von Amsberg, AIIB's vice president of policy and strategy, told the Nikkei Asian Review that rather than inflating its own staff numbers, the bank would seek to use partnerships to help Asia fill its substantial infrastructure financing gap.

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