ABOUT AIIB
Frequently Asked Questions
This FAQ will be updated periodically. Please follow the in-text links to view relevant pages with updated information.
AIIB’s President and Board of Directors have approved 257 projects. Project approval was guided by the Bank’s strategic goals and thematic priorities.
AIIB has invested USD50.99 billion in 257 projects.
AIIB has 110 members – 96 Full Members and 14 Prospective Members – and is open to accepting additional members.
AIIB is headquartered in Beijing, China.
AIIB opened its doors on Jan. 16, 2016, following a 15-month participatory process during which our 57 founding members worked collaboratively to shape our core philosophy, principles, policies, value system and operating platform.
Our foundation is built on the lessons of experience of successful private sector companies and existing multilateral development banks. AIIB aims to create a better tomorrow for billions of people by investing in sustainable infrastructure in Asia and beyond. We are driven by our core values of Lean, Clean and Green.
AIIB has invested in 37 members.
All powers of the Bank are vested in our Board of Governors, which is the highest decision-making body under our Articles of Agreement.
Our nonresident Board of Directors is responsible for the direction of the general operations of the Bank, exercising all the powers delegated to it by the Board of Governors, among them: approving AIIB’s strategy and annual plan and budget, establishing policies, making decisions concerning the operation of the Bank, supervising the management and the operation of AIIB and establishing an oversight mechanism.
Our organizational chart can be found here.
Additional information about our leadership team can be found here.
AIIB is an open and inclusive multilateral financial institution. Our doors are always open to countries and regions dedicated to promoting economic and social development in Asia. Membership in AIIB shall be open to members of the International Bank for Reconstruction and Development or the Asian Development Bank.
AIIB does not have country strategies for its members. AIIB will review any project that is aligned with the Bank’s thematic priorities and will bring clear benefits to Asia.
Any AIIB member can submit a proposal for funding. We can lend to members beyond Asia if the project delivers a clear benefit to the region.
Sovereign-Backed financing is considered a loan to, or guaranteed by, a member. Nonsovereign-Backed financing includes any financing to or for the benefit of a private enterprise or a subsovereign entity (such as a political or administrative subdivision of a member or a public sector entity) that is not backed by a guarantee or counter-guarantee and indemnity provided by the member to the Bank.
For more information, please visit the financing operations page to learn more about the different types of financing offered by AIIB.
Any project that might receive funding from AIIB, regardless of whether it is a stand-alone project or a co-financed project, must meet AIIB’s standards and must be financially viable, environmentally friendly and welcomed by local communities. Please see our Environmental and Social Framework for more details about our environmental and social standards.
All vacancies are posted on the Job Opportunities section of our website. Applicants have the option of refining the search based on job function, job title or keywords. Click on “Apply Now” for the job advertisement you are interested in then follow the directions. Either create a new profile or log back in if you’re a returning candidate. For your application to be considered, you will need to complete your candidate profile account information including details on personal information, qualifications, skills and additional information.
AIIB has a global recruitment strategy to hire the best experts worldwide. All qualified candidates worldwide are welcome to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. There are no nationality quotas and no percentage limits on regional and nonregional hires. AIIB intends to have wide geographic and diverse representation among its staff, with professional and technical competency as paramount criteria.
Recruitment of staff is conducted through a merit-based competitive selection process. Selection is based on technical competence, experience in related sectors, educational background, etc. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.
For vacancies with a higher frequency, you have the option of visiting the Future Opportunities tab on our careers page. Here you can register your interest for positions in advance of their opening. We recommend you regularly visit our careers page and follow our LinkedIn and Twitter pages to see our latest and upcoming vacancies and identify opportunities that align with your experience and skills.
Once you apply for a position, you will receive an email notification confirming receipt of your application and resumé. Due to the high volume of applications, only candidates shortlisted for a position will be notified. Applicants may view their application status online by logging onto the AIIB Career E-Recruitment Platform.
We use competency-based panel interview and online assessment (psychometric testing, written exercise) but there are a variety of other selection tools we use where necessary. You will be given details of any assessment when you are invited for an interview.
When the application period ends, the hiring team reviews applications based on the position requirements and your submitted profile. If your application is selected, a member of our hiring team will be in touch to arrange an interview. If your application is not selected, we will keep your resumé in our database in case it matches other opportunities in the future.
From application to outcome the recruitment process takes about 2-3 months. We understand the pressures of looking for work and will do our best to make quick decisions and take decisive action whenever possible. You can always track the status of your application through the AIIB Career E-Recruitment Platform when you log in. when you log in.
We regularly post new positions and remove positions that are no longer open. It is essential to submit your application in the e-recruitment system before midnight GMT+8 of the job posting’s closing date. Regrettably, we are unable to accept late applications.
Due to the high volume of applications received by AIIB, we are not able to respond to all individual queries as promptly as we would like. We recommend that you read the information provided on our website carefully. We only accept applications submitted via our online recruitment system. Offline paper applications or applications sent via e-mail will not be accepted.
Yes. Please apply for each position of interest that matches your experience and the requirements as specified by the position. Your application will be reviewed against each job for which you apply.
We work together to continuously improve our organizational practices so that AIIB staff can express their talents at their best. Lean and green thinking guides all our actions and we work to make AIIB a clean institution practicing the highest ethical standards. We aim to build a diverse community of excellent professionals who drive innovation and question and challenge the status quo for the best results. We welcome diversity of thought and background and our staff are asked to be team players, valuing open and candid exchange of ideas.
No. To ensure that the highest ethical standards are not compromised by familial relationships, the partner or close relative of an AIIB staff member may not work as staff at the Bank.
AIIB is working on a comprehensive staff knowledge and training program that will offer a menu of options to help staff retain and refresh their skills to best serve AIIB’s clients.
AIIB’s official language is English. All positions require proficiency in oral and written English.
AIIB is headquartered in Beijing, at the Olympic Forest Park in Chaoyang. Job opportunities we offer are located at our headquarters.
AIIB offers eligible students an internship opportunity to acquire direct practical experience in AIIB’s work, guided by AIIB professionals. The annual selection process for the internship program normally starts in late December. For more information and application instructions, click here.
The number of interns hired for a given year depends on the business needs and capacity of offices to receive and supervise interns.
The selection process consists of four main stages: online application, screening of applications, interview and/or written test and offer extension (if applicable).
After your application has been successfully submitted in the system, you will receive confirmation via e-mail. We aim to let all candidates know whether they have been shortlisted several weeks after the application closing date.
The specific start date will be mutually agreed upon by the candidates and the business units.
No. AIIB internship is on a full-time basis. We don’t offer part-time opportunities.
Candidates must be enrolled in full-time masteral or doctoral graduate study programs with plans to return to school. Candidates who have already graduated or are enrolled in a nondiploma program are not eligible.
The most common fields of study are: economics, finance, human development, social science, agriculture, environment, private sector development and other related fields that align with AIIB’s mandate.
Interns are encouraged to apply for full-time AIIB positions after they graduate.
Interns will be paid in US Dollars. The allowance varies year to year in accordance with the budget availability and market rates. Interns are responsible for their own accommodation arrangements.
AIIB introduced a Legal Associate Program (LAP) with the objective of forming, in house, young lawyers to cater to the Bank’s legal needs both for private and public sector operations. It is a rotational program which identifies, hires, grows and develops young talents of the highest caliber and with the passion for international development.
The LAP will start with a two-year contract based in Beijing within the Legal Department (LEG), where the Legal Associates (LAs) engage in intensive training (on-the-job and in-classroom settings) on the fundamentals of lawyering at AIIB on development operations.
LAs will contribute to the work program of LEG’s different units while building networks and knowledge across AIIB. They may also join field missions where needed to assist senior lawyers on the frontlines of AIIB operations, learning key aspects of the Bank’s legal operational work, including engagement with AIIB clients.
LAs will receive intensive training on the policies, products and operations of AIIB to ensure they know how to operationalize AIIB solutions to operational challenges, mitigate legal risks in AIIB-financed operations and assist internal clients in preparing quality projects. LAs will also be given the opportunity to attend selected training programs on operational themes organized by the Human Resources Department.
The program will target highly talented and promising candidates. Selection will be conducted on as wide a geographical basis as possible. To be eligible for the LAP, the candidates must:
The LA must:
AIIB’s Graduate Program is a two-year program with rotational assignments under one of five streams to provide successful candidates with hands-on experience and training and allow them to build foundational skills and networks in their relevant fields.
The program’s five streams include: Investment, Finance, Risk Management, Strategy, and Corporate.
Applicants can apply to different positions simultaneously regardless of stream. However, they can only be accepted to one stream. Current open positions can be found here.
Successful candidates are expected to be based in Beijing for the duration of their assignment. AIIB will provide them with necessary assistance (visa, flight, relocation allowance) to help them with their onboarding and relocation between June and September 2022.
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