The Asian Infrastructure Investment Bank has appointed a new leader. Zou Jiayi, a former Vice Finance Minister and anti-corruption official, was elected as the new leader of the development bank, which functions as a China-centric version of the World Bank. She replaces Jin Liqun, the founding president, who is stepping down after ten years.
Zou was a prominent member of the standing committee of China’s Central Commission for Discipline Inspection, which investigated top-level corruption. She is known as a “tiger-fighter” in that she investigated senior officials. She is also a deputy secretary-general of the Chinese People’s Political Consultative Committee, which advises the government.