Logo Polskiego Radia

Polish academic appointed deputy head of AIIB

PR dla Zagranicy
Paweł Kononczuk 19.07.2016 13:42
Polish sociologist and expert on China Radosław Pyffel has been appointed as deputy director of the Asian Infrastructure Investment Bank (AIIB), Poland’s infrastructure ministry has said.
Radosław Pyffel foto: PR24/JW

The cofounder and chief of the Centre for Polish-Asian Studies (CSPA) is to become a member of the bank’s board of directors, the ministry announced.

Pyffel was approved by a constituency of members of Europe, which, alongside Poland, include countries such as Switzerland, Britain and Norway.

Poland is the sole CEE country to become a founding member of the China-led multilateral financial institution.

“The constituency is formally represented in the board of directors by a director and two deputies,” the ministry said.

“The posts are appointed on a rotational basis, in line with a scheme set out for the years 2016-2034,” the ministry added.

Poland joined the ranks of the international bank in mid-June. As is the case with other founding countries, the Polish finance minister has taken on the role of governor representing Poland.

The Asian Infrastructure Investment Bank is a Chinese alternative to US-dominated international financial institutions such as the World Bank and the International Monetary Fund (IMF).

The AIIB is to serve as a driver of investment in infrastructure and economic growth in China. (aba)

Source: IAR, money.pl

Copyright © Polskie Radio S.A About Us Contact Us