Polish finance minister named vice-chairman of Asian bank council

The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has named Poland’s finance minister as the vice-chairman of its council for the coming year, the Ministry of Finance announced on Tuesday.

AIIB, whose seat is in Beijing, supports sustainable economic growth and infrastructure development in Asia. The institution has been in operation since January 2016 and Poland is one of its 57 founding members.

The ministry said in a statement that "the Board of Governors, which is the bank's highest decision-making body, has entrusted Minister Tadeusz Koscinski with the function of vice-chairman of the Council for the next year."

During the sixth annual meeting of the AIIB Board of Governors, "the discussion concerned, among other issues, economic recovery after the Covid-19 crisis and the financing of climate efforts," indicated the ministry.

Currently, over 100 countries belong to AIIB.