Liqun during the World Economic Forum 2013
|President of the Asian Infrastructure Investment Bank|
Assumed office |
16 January 2016
|Preceded by||Position established|
August 1949 (age 69)|
Changshu, Kiangsu, China
|Alma mater||Beijing Foreign Studies University|
Jin Liqun (Chinese: 金立群; born August 1949) is a Chinese politician, banker, and professor. He is currently the President of the Asian Infrastructure Investment Bank (AIIB). He was formerly the Chairman of China International Capital Corporation, the Vice President of the Asian Development Bank, and the Vice Minister of Finance of the People's Republic of China.
Early life and education
Jin was born in Changshu, Jiangsu. He studied high school in Jiangyin but could not complete his education to Bachelor's degree level because of China's Cultural Revolution. As a teenager he briefly joined the Red Guards and from 1968 was sent to work in the countryside to grow rice. For three years he did this agricultural work and still continued to study by himself, which led to an appointment as teacher in a local middle school. In 1978 the universities reopened and he entered Beijing Foreign Studies University's Master program, graduating with a Master of Arts in English in 1980. He was later a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. He is fluent in both English and French.
In 1980 Mr. Jin joined the Chinese Ministry of Finance office at the World Bank in Washington, D.C., later becoming Director General of the World Bank Department, and Alternative Executive Director of China to the World Bank Group. He became Vice Minister in 1998. He was a member of the Monetary Policy Committee of the People’s Bank of China.
From 2003 to 2008, Jin was Vice President, and then Ranking Vice President, of the Asian Development Bank (ADB), in charge of programs for South, Central and West Asia, and private sector operations.
From 2009 to 2012, Jin served first as Deputy Chairman, and subsequently as Chairman of the International Forum of Sovereign Wealth Funds.
In October 2014 Jin became Secretary-General of the Multilateral Interim Secretariat established to create the AIIB. He became President-designate and in January 2016 he was elected as the President of the AIIB.
Jin led the translation work of classic banking history The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance and wrote Economic Development: Theories and Practices in collaboration with Nicholas Stern, then chief economist of the European Bank for Reconstruction and Development. Jin also published a book An Anthology of English Verse as an editor.
- The History of AIIB|About AIIB
- "CNBC Transcript: Interview with Jin Liqun, President of AIIB". CNBC. Retrieved 2016-02-06.
- Ho, Prudence. "CICC Chairman Jin Liqun Resigns". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-02-06.
- News, Bloomberg. "Jin Liqun, a Translator and Deal-Maker, Nominated for AIIB Head". Bloomberg.com. Retrieved 2016-02-06.
- "China Investment Corporation". www.china-inv.cn. Retrieved 2016-02-06.
- Magnier, Mark. "China's Jin Liqun Named President-Elect of Asian Infrastructure Investment Bank". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-02-06.
- "Archived copy". Archived from the original on 2016-02-06. Retrieved 2015-09-18.
- "Who's Jin Liqun: The "gold" that glitters in AIIB - Xinhua | English.news.cn". news.xinhuanet.com. Retrieved 2016-02-06.
- 贺嘉. "China names its candidate to head AIIB Beijing news, English news, latest beijingnews,www.bjd.com.cn". www.bjd.com.cn. Retrieved 2016-02-06.[permanent dead link]
|Positions in intergovernmental organisations|
|New office|| President of the Asian Infrastructure Investment Bank