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Urjit Patel appointed Vice President of AIIB

Date: 13 January 2022 Tags: Appointments & Resignations
  • Former RBI governor Urjit Patel was appointed as vice president for investment operations in South Asia at the Beijing-based Asian Infrastructure Investment Bank (AIIB),
  • Patel was the 24th governor of the Reserve Bank of India (RBI), succeeding RaghuramRajan on September 5, 2016. Patel had abruptly resigned in December 2018 citing “personal reasons”.
  • AIIB is a multilateral development bank that aims to improve economic and social outcomes in Asia. The bank currently has 104 members, including 17 prospective members from around the world.