Who has been appointed as Vice President and Chief Risk Officer of the New Development Bank for a term of five years?

Question

New Development Bank (NDB), established by BRICS nations—Brazil, Russia, India, China, South Africa—appointed Dr. Rajiv Ranjan as Vice President and Chief Risk Officer for a five-year term. Ranjan started his career at Reserve Bank of India (RBI) in 1989 and was Executive Director and Monetary Policy Committee (MPC) member since May 2022. NDB finances India’s infrastructure projects in transport, clean energy, water, sanitation, environmental protection, and digital infrastructure. India holds the largest NDB project portfolio in BRICS at $7.5 billion, second only to China.

GKToday Admin · Accepted Answer

Rajiv Ranjan  New Development Bank (NDB), established by BRICS nations—Brazil, Russia, India, China, South Africa—appointed Dr. Rajiv Ranjan as Vice President and Chief Risk Officer for a five-year term. Ranjan started his career at Reserve Bank of India (RBI) in 1989 and was Executive Director and Monetary Policy Committee (MPC) member since May 2022. NDB finances India’s infrastructure projects in transport, clean energy, water, sanitation, environmental protection, and digital infrastructure. India holds the largest NDB project portfolio in BRICS at $7.5 billion, second only to China.

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