India Likely to Become CFO of AIIB ‘

  • India is likely to bag the post of Chief Financial Officer (CFO) in the newly launched Asian Infrastructure Investment Bank (AIIB).
  • AIIB is the multilateral bank, whose formation was steered by China in order to boost infrastructure development in Asia.
  • The Chief Administrative Officer would be from Indonesia, while the South Korean Vice-President would be handle risk affairs.
  • The British Vice-President is expected to head the communications department.