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The Asian Development Bank (ADB) has appointed Liqun Jin as vice-president (Operations 1) with effect from 1 August 2003. Chinese national Jin succeeds vice-president Myoung-Ho Shin, who is retiring after five years of service.
 Jin is China’s vice-minister of finance and mainly in charge of the budget for administrative expenses of education, science, culture and external economic affairs.
Currently the alternate governor for China at the ADB, World Bank Group and the Global Environment Facility, Jin has been active in international economic affairs for almost two decades, particularly since the Asian financial crisis in 1997.
He has worked on a number of bilateral and multilateral economic and finance forums, such as the China-US Joint Economic Committee, China-UK Economic and Finance Dialogue, Apec finance ministers’ meeting, Asean Plus Three and G-20. In addition, he is a member of the State Monetary Policy Committee and the Anti-Terrorism Committee of the PRC.
After serving as alternate executive director at the World Bank Group for four years, Jin was appointed director general of the World Bank department of the ministry of finance in 1995. The same year, he was promoted to assistant minister of finance and in 1998 became vice-minister of finance.
He has been responsible for supervising the PRC’s financial sector and of raising funds from both international and domestic markets.
He joins two other vice-presidents on the ADB’s management team under President Chino Vice-President (Operations 2) Joseph Eichenberger and Vice-President (Finance and Administration) John Lintjer.