Former finance secy Pandey appointed vice-president at AIIB

Ajay Bhushan Prasad Pandey, former finance secretary of India, has been appointed as the vice-president of the Asian Infrastructure Investment Bank (AIIB). He will manage investment solutions and oversee key departments. India stands as the largest borrower from the AIIB, with approved projects totaling $10.45 billion, highlighting the bank's significant role in supporting infrastructure development in the country.