The process is ongoing and there’s no certainty Cowper-Coles will accept the role, the people said. Cowper-Coles and HSBC declined to comment, while the AIIB didn’t respond to a request for a comment.
HSBC Holdings’ former head of public affairs, who once criticised the US for strong-arming the UK into cutting back dealings with China, is about to join the Asian Infrastructure Investment Bank (AIIB) in Beijing.
Sherard Cowper-Coles will take up a senior role at AIIB, which was established as a Chinese-led counterweight to the likes of Western-dominated multilateral lending institutions such as the World Bank and the International Monetary Fund, people familiar with the matter said, asking not to be identified discussing non-public information.
