Asian Infrastructure Investment Bank [to 16 January 2016]
http://www.aiib.org/html/NEWS/

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AIIB’s Charter Enters into Force On 25 December 2015
01/16/2016
The Articles of Agreement of the Asian Infrastructure Investment Bank, dated June 29, 2015, entered into force on December 25, 2015…

The inaugural meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held on January 16 and 17, 2016. At that meeting, the Board of Governors will announce the commencement of operations, in accordance with Article 60 of the Articles of Agreement. The Board of Governors will also formally elect the Board of Directors and the President. The Board of Directors will hold its first meeting in the days after the Board of Governors meeting.

Fifty-six prospective members have signed the Articles of Agreement since it was opened for signature on June 29, 2015. Remaining Signatories that have not yet deposited their instruments of ratification are expected to do so by December 31, 2016, and become members thereafter.

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AIIB open for business. Jin Liqun elected as first President
BEIJING, January 16, 2016 – The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) convened its inaugural meeting today, declaring the Bank open for business and electing Mr. Jin Liqun as President for a five year term.

President Xi Jinping and Premier Li Keqiang of China addressed the AIIB’s opening, which was held alongside the Board of Governors meeting. Also at the ceremonies were representatives from other multilateral development banks and financial institutions, whose support for the establishment of the Bank was warmly acknowledged…