The bank was launched in 2016, with Canada joining in 2018 and contributing US$995 million, according to the bank’s website. At today’s exchange rates that would be a contribution of US$1.35 billion. The bank is meant to invest in large infrastructure projects.
Bob Pickard, who was the bank’s director general of communications, announced on Twitter Monday that he was tendering his resignation.THIS CONTENT IS RESERVED FOR SUBSCRIBERSExclusive articles by Conrad Black, Barbara Kay, Rex Murphy and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
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