Japanese, US former officials to advise AIIB

The Asian Infrastructure Investment Bank has appointed two former senior officials from Japan and the United States to its international advisory panel, a source from the bank told China Daily on Thursday.

The US and Japan have declined to join the Beijing-based bank.

Yukio Hatoyama, a former Japanese prime minister, and Paul W. Speltz, former US executive director and ambassador to the Asian Development Bank, will join the panel, said the source, who spoke on condition of anonymity. The panel will advise the bank's president on issues of strategy, policy and operation, the source said.