Andrew Cross, Chief Financial Officer of the Asian Infrastructure Investment Bank (AIIB), will leave the Bank in November to take up a senior leadership position at another financial institution.

Since joining AIIB in 2019, Cross has played a pivotal role in overseeing the Bank's controller and treasury functions, developing innovative financial products and maintaining AIIB's AAA credit ratings. His efforts have enhanced AIIB's reputation with global investors, resulting in a favorable cost of capital that benefits clients and communities. Cross has also transformed the Bank's financial management and championed digital transformation, positioning it as a leading 21^st-century multilateral development bank.

"Andrew's exemplary leadership qualities, his technical excellence and his clear, forthright approach, have been invaluable assets in supporting our mission," said Jin Liqun, AIIB President and Chair of the Board of Directors. "We wish him all the best as he embarks on the next chapter in his career."

"It has been a privilege to serve as CFO during a defining period for the Bank," Cross said. "I am proud of what we have achieved together in strengthening AIIB's financial foundation and deepening our engagement with global investors. AIIB is exceptionally well positioned for its next decade, and I look forward to following its continued success."

An open, competitive process will be undertaken to recruit Cross's successor.

About AIIB

The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing "Infrastructure for Tomorrow," with sustainability at its core. AIIB began operations in 2016, now has 110 approved members worldwide, is capitalized at USD100 billion and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.