TOKYO -- The Asian Infrastructure Investment Bank, a multilateral development lender established under the initiative of China, selected Zou Jiayi as its new president at its annual meeting in Beijing on Tuesday.
Zou Jiayi takes over Beijing-based lender from internationalist Jin Liqun

Zou Jiayi, a member of the Chinese Communist Party Central Committee and a deputy secretary-general of the Chinese People's Political Consultative Conference, or CPPCC, was chosen as the next president of the AIIB. © Reuters
TOKYO -- The Asian Infrastructure Investment Bank, a multilateral development lender established under the initiative of China, selected Zou Jiayi as its new president at its annual meeting in Beijing on Tuesday.