Britain's Chief Secretary to the Treasury Danny Alexander (R) is chased by media as he walks down a street in central London March 18, 2015.[Photo/Agencies]

The new development bank appointed Danny Alexander, who was chief secretary to the UK Treasury from 2010 to 2015, as vice-president and corporate secretary, according to an AIIB press release.

Kyttack Hong, chairman and CEO of the Korea Development Bank, will serve as vice-president and chief risk officer.