Dinesh Sharma appointed to Board of Directors of China sponsored AIIB

Q.  Who has been elected to the board of directors of the China sponsored AIIB?
- Published on 19 Jan 16

a. Vimlesh Sharma
b. Rakesh Sharma
c. Dinesh Sharma
d. None of the above

ANSWER: Dinesh Sharma
India is one of the founding members of the Asian Infrastructure Investment Bank has been elected to the board of directors of China sponsored AIIB expected to commence loan approvals towards the close of the year. Dinesh Sharma Additional Secretary of Ministry of Finance has been elected to the 12 member board for which a secret ballot has been held. Authorised capital of USD 100 billion and subscribed capital of USD 50 billion will yield investment of various sectors such as urban construction and energy as well as transportation.

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