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AIIB chief pledges 'world-class charter'

Non-resident board structure will ensure new bank's efficiency, he says.

Mr Jin said "the AIIB is committed to the highest levels of transparency, and this is embedded in its core principles. A draft environment and social framework has been prepared by seasoned professionals with experience in multilateral development banks and the private sector."

JIN Liqun, designated president of the Asian Infrastructure Investment Bank (AIIB), has pledged a "world-class charter" to govern the China-led multilateral development bank, in a clear bid to bring waverers such as the US and Japan into the currently 57-strong shareholding structure after the