The State Bank of Vietnam reported on the Asian Infrastructure Investment Bank (AIIB) Board of Governors’ closed meeting in Beijing to elect the AIIB President for the 2026-2031 term, attended by SBV Deputy Governor Nguyen Ngoc Canh in his capacity as Vietnam’s alternate governor at AIIB. The Board, with 88 governors and alternate governors representing 97.6% of total voting power, elected Zou Jiayi to a five-year term. Zou Jiayi, the sole candidate, set out priorities centred on multilateralism, infrastructure finance and regional cooperation, and framed the future strategy around four pillars: Infrastructure for the Future, Infrastructure for the Region, Infrastructure for Nature and Infrastructure for People. She also set a goal to increase AIIB lending from USD 10 billion to USD 15 billion before 2030, alongside a focus on climate initiatives, sustainable development and gender equality through investment and technical assistance. Separately, the Vietnamese delegation held bilateral meetings with AIIB leaders covering potential investment in AIIB-issued bonds, development of AIIB’s investment portfolio in Vietnam, regional connectivity projects with positive environmental and social impacts, and innovative financial products, while encouraging a stronger AIIB presence in Southeast Asia and continued support for green transition, digital transition, smart infrastructure and private capital mobilisation. Zou Jiayi’s term is set to begin on 16 January 2026, following the completion of founding President Jin Liqun’s second term.