AIIB & The Changing World Order

India elected to board of directors of AIIB

  1. Dinesh Sharma, Additional Secretary of Ministry of Finance has been elected to the 12-member board through a secret ballot.
  2. AIIBB has authorised capital of $ 100 billion and subscribed capital of $ 50 billion.
  3. AIIB will invest in sectors including energy, transportation, urban construction and logistics as well as education and healthcare.
  4. China is the largest shareholder with 26.06% voting shares followed by India, the second-largest with 7.5%; Russia 5.93% and Germany 4.5%.
  1. Dinesh Sharma, Additional Secretary of Ministry of Finance has been elected to the 12-member board through a secret ballot.
  2. AIIBB has authorised capital of $ 100 billion and subscribed capital of $ 50 billion.
  3. AIIB will invest in sectors including energy, transportation, urban construction and logistics as well as education and healthcare.
  4. China is the largest shareholder with 26.06% voting shares followed by India, the second-largest with 7.5%; Russia 5.93% and Germany 4.5%.
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