BEIJING, March 17, 2020

Reopening Our Doors
in the Wake of COVID-19

The Asian Infrastructure Investment Bank (AIIB) reopened its headquarters on March 16, 2020, ending a remote work protocol that was enacted in response to COVID-19. Putting the safety of staff first and doing its part to control the spread of infection, AIIB’s Senior Management Team is welcoming staff back to the office, in consultation with and under guidance from local authorities and infection experts.

Although, the reality is we never really left. COVID-19 hit China during the Chinese New Year Festival when many of us were away visiting family or taking a much-needed break. When people would have normally been returning to the office, the pandemic—which was still in its early stages—was causing a lot of concern within China and around the world. With our headquarters in Beijing, Senior Management erred on the side of caution and safety and issued a remote work protocol for the next six weeks.

It has been an interesting experience, especially for a new organization like ours which is still in the process of building a distinct “AIIB Way” of doing things. We wondered how moving to remote work would impact our corporate culture. Were we agile enough to adjust to this new way of working—especially for our Bank which had, to date, become accustomed to face-to-face interactions to get the work done? COVID-19 made us work differently, but in the end it also helped us come together as a stronger team.

Our operations staff never stopped building the pipeline of new, sustainable investments and working with existing clients to monitor project implementation. Finance, human resources and all our departments are leveraging the many tools at their disposal to embrace virtual work to minimize the impact on our operations. A special callout has to be made to our safety and security team who have been working around the clock to keep all of us up to date on the latest information on COVID-19, wherever we are in the world.

There have been challenges. Connectivity issues, increased operational risks and isolated staff are issues we needed to overcome. Some work had to be delayed due to travel restrictions and other unavoidable complications. As tough as this experience has been, there are many examples of people rallying to help each other, filling in the gaps and keeping our operations running as smooth as possible under these circumstances.

From the beginning, AIIB has been leveraging technology to work with our nonresident Board of Directors and our clients all over Asia. In the process of building our culture, we have been thinking hard about how to incorporate different ways and styles of working together to determine the best fit for AIIB. It was just a question of building on that foundation, absorbing what works and what does not to support our temporary digital nomads around the world.

As of this week, a third of our staff were back in the office, observing the required safety protocols—including social distancing, temperature taking and wearing masks when among other people. We expect the rest to return in due course, with a number of them currently observing the 14-day quarantine to avoid spreading the infection. In the end, we can proudly say that COVID-19 has not stopped us from doing what we do best—helping our members improve economic and social opportunities for their citizens.

 

AUTHOR

Laurel Ostfield

Director General, Communications Department, Asian Infrastructure Investment Bank

More Blog Articles

Beijing, January 24, 2025

Contributing to the Achievement of Global Climate Goals: AIIB’s Year in Review

The World Meteorological Organization has confirmed 2024 as the warmest year on record, at about 1.55°C above pre-industrial levels. The past 10 years have all been in the top 10, in an extraordinary streak of record-breaking temperatures. This latest assessment of the #StateOfClimate finds that the long-term temperature goal of the #ParisAgreement is not yet dead but is in grave danger.

READ MORE

Beijing, January 23, 2025

Tomorrow’s Infrastructure for Health: AIIB Launches its first Health Strategy

AIIB’s inaugural Health Strategy, its first strategy in social infrastructure, underscores the Bank’s commitment to social development and inclusion, furthering its mission of financing Infrastructure for Tomorrow.” The strategy lays a clear direction for AIIB to comprehensively address health challenges faced by its Members and contribute to better health and economic outcomes in Asia and beyond.

READ MORE

Beijing, January 22, 2025

AIIB Charts Course for SDG Achievement with Bold Sustainable Infrastructure Financing Plan

The path to achieving the Sustainable Development Goals (SDGs) by 2030 requires innovative approaches to infrastructure financing.

READ MORE

Beijing, January 16, 2025

Build Your Career at AIIB: Applications for the 2025 Young Talent Programs Are Now Open

The Asian Infrastructure Investment Bank (AIIB) welcomes early-career professionals interested in building a career in infrastructure financing and development to apply for the 2025 Young Talent Programs.

READ MORE