Okonjo-Iweala appointed to advisory panel by Asian bank

Okonjo-Iweala appointed to advisory panel by Asian bank

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Former Nigerian Minister of Finance, Mrs Ngozi Okonjo-Iweala, has been appointed a member of the international advisory panel of Asian Infrastructure Investment Bank (AIIB). She would join 10 other key persons on the panel.

The Panel provides impartial, objective and independent advice to the AIIB President, allowing the Bank to benefit from the international experience and expertise of panel members. AIIB, a multilateral international development bank, was set up on Dec. 25, 2015, with an initial capital of $100bn.

The panel members are former Bank Negara Malaysia governor Dr Zeti Aziz, former Pakistan Prime Minister Shaukat Aziz, and former Swedish finance minister Anders Borg.

The others are former Timor-Leste finance minister Emilia Pires, former World Bank chief economist Nicholas Stern and former Japanese Prime Minister Yukio Hatoyama, Global Foundation secretary-general Steve Howard.

Others include Korea National Diplomatic Academy chair professor and former South Korean deputy prime minister and strategy and finance minister Dr Oh-Seok Hyun.

Former U.S. ambassador Paul Speltz and London School of Economics professor and former Hong Kong chief executive Tung Chee-Hwa are the remaining panel members.

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