Who has been appointed as first president of the BRICS Bank (New Development Bank)?
[B]K V Kamath
[C]S K Bhat
K V Kamath
ICICI chairman K V Kamath has been appointed as first president of BRICS bank. The bank is a multilateral funding agency with Brazil, Russia, India, China and South Africa as its founding members. The bank has its headquarters in Shanghai, China. Kamath who joined ICICI in 1971, took over as the non-executive chairman in April 2009.