AIIB announces Vice President changes

Ludger Schuknecht and Sir Danny Alexander

Danny Alexander becomes vice president for policy and strategy. Ludger Schuknecht becomes vice president and corporate secretary.

Asian Infrastructure Investment Bank (AIIB) president Jin Liqun has announced changes to the bank’s senior management team as Joachim von Amsberg steps down as vice president for policy and strategy.

After more than five years leading the strategy, policy and budget department, von Amsberg will step down as vice president and will transition to become a special advisor to president Jin.

Replacing him will be Sir Danny Alexander. Sir Danny has been vice president and corporate secretary and a member of the senior management team since 2016. He has played a pivotal role in establishing AIIB’s governance structure and shareholder relations programme. He has helped to grow AIIB’s membership from 57 founding members to 103 members now. Before that he was a senior member of the British government.

President Jin said: “AIIB is poised to help our members battle the dual emergencies of climate change and the pandemic and Danny has demonstrated a keen understanding of the impact AIIB can play in this transition. He is also an excellent negotiator and leader who will bring passion to his new role. I believe Danny will help strengthen our ability to serve our clients and I want to congratulate him on this new opportunity.”

Replacing Sir Danny as vice president and corporate secretary will be Ludger Schuknecht, who has recently been serving as a visiting professor at the Lee Kuan Yew School of Public Policy. Prior to that he was deputy secretary-general at the Organization for Economic Co-operation and Development and was previously chief economist and director general of Germany’s Federal Finance Ministry.

President Jin commented: “As one of the architects of the founding of AIIB and the drafting of its Articles of Agreement, Ludger is uniquely qualified to take on a leadership position responsible for the bank’s governance and member relations.”