Qatar chairs the Asian Infrastructure Investment Bank's governors and hands the gavel to Azerbaijan
29 September 2026
Qatar hosted the 11th Annual Meeting of the Asian Infrastructure Investment Bank's Board of Governors in Doha. Qatar's Minister of Finance, Ali bin Ahmed Al Kuwari, chaired the Board of Governors for 2026. At the close he passed the gavel to Mikayil Jabbarov, Azerbaijan's Minister of Economy, whose country will host the 12th Annual Meeting in Baku on 14 and 15 July 2027. Zou Jiayi is the bank's President. Hosting the meeting gave Doha the chair of a multilateral development bank for a year.
Meeting:
11th Annual Meeting, Doha
Approved members:
111
Capital:
USD100 billion
Next host:
Baku, Azerbaijan
Why it matters for exams: Qatar's Finance Minister Ali bin Ahmed Al Kuwari chaired the AIIB Board of Governors for 2026 at the 11th Annual Meeting in Doha, with Baku to host the 12th in 2027.
Kerala PSCUPSC
In plain words
AIIB Asian Infrastructure Investment Bank — A multilateral development bank for infrastructure, headquartered in Beijing.