The Board of Directors of the New Development Bank (NDB) announced that it has approved a COVID-19 Emergency Program Loan of USD 1 billion to the Government of the Federative Republic of Brazil. The resources provided by the NDB will help Brazil safeguard the income of about 5 million people in vulnerable situations, including informal,…
Tag: New Development Bank
Anil Kishora appointed Vice President of New Development Bank
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•New Development Bank (NDB), a multilateral development bank set up by the BRICS nations – Brazil, Russia, India, China and South Africa, announced that the Board of Governors of the New Development Bank has appointed Anil Kishora as Vice President. Prior to this role, Anil Kishora had worked in India’s largest bank, the State Bank…
New Development Bank appoints Marcos Troyjo as President, replaces KV Kamath
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•New Development Bank (NDB), a multilateral development bank set up by the BRICS nations – Brazil, Russia, India, China and South Africa, announced that it has appointed Marcos Prado Troyjo as the President of the NDB, effective from July 7, 2020. Prior to his appointment as President of the NDB, Marcos Troyjo pursued a multi-layered…