Chief Economist; Beijing

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD
100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.

The Economics Department is responsible for economic analysis in AIIB, which includes macroeconomics monitoring, analyzing country and sectoral infrastructure needs, debt sustainability analysis, review of project economics, as well as supporting sector and investment strategies at the Bank.

The Chief Economist will lead the planning, implementation, and oversight of the Economics Department, including setting its vision, strategy, and work plan in support of AIIB’s mandate and Corporate Strategy. In this capacity, the Chief Economist will play a central role in promoting the Bank’s thought leadership in sustainable infrastructure development by setting the strategic direction and overseeing the delivery of research on economic issues that support AIIB’s mandate and operations.

The role will also support AIIB’s investment activities by overseeing assessments of macroeconomic conditions, debt sustainability, and project economics for proposed financings, in accordance with AIIB policies. In addition, the Chief Economist will contribute to both internal and external capacity-building by guiding the preparation of departmental publications in accordance with the Bank’s publications strategy and governance processes. Finally, the Chief Economist will be responsible for informing AIIB’s Board ad Senior Management of key macroeconomic developments and emerging challenges.

Responsibilities:

• Serve as a member of the Executive Committee, which is the senior most management committee of the Bank with collective responsibility for the overall management of the Bank’s corporate performance and results.
• Serve as a member of the Bank’s committees, as determined by the President.
• Represent the Bank and articulate its strategy and activities among external constituencies, stakeholders, and partners, as tasked by the President.
• Develop and promote the department’s vision, strategy, work plan, and objectives and key results in support of AIIB’s mandate and Corporate Strategy and in compliance with AIIB policies.
• Provide leadership in professional and operational matters, taking the lead in introducing new, innovative approaches to policy and programmatic issues.
• Oversee the planning, implementation, and supervision of the department’s work programs as well as monitor the quality of outputs, achievement of long-term goals, and annual objectives for the department.
• Strategically plan the department’s resource requirements, and ensure lean and efficient allocation of budget and resources.
• Oversee effective cooperation and alignment with AIIB departments.
• Lead the innovation, planning, coordination, and execution of the department’s research activities, including emerging trends like AI innovation as well as collaborative research with other Bank departments and select institutions.
• Oversee the provision of analytical support and economic analysis to operations and other departments.
• Oversee the development of appropriate methodologies for the conduct and monitoring of economic analysis for programmatic engagements, particularly rolling pipelines and policy-based lending.
• Oversee the continuous review and Bank-wide dissemination of collaborative economic analysis of investment programs and projects as well as other economic research and development analysis being carried out in AIIB.
• Oversee the collection of statistical data to maintain an integrated, collaborative database and provide related services under the Bank’s data governance framework.
• Lead the department’s structure, including systematic delegation and cross-team collaboration, and ensure…