New Delhi, Aug. 25 -- The New Development Bank (NDB), a multilateral institution established by the Brics nations-Brazil, Russia, India, China, and South Africa-has appointed Dr. Rajiv Ranjan as vice president and chief risk officer for a five-year term.

Ranjan, who brings over three decades of experience in central banking, began his career at the Reserve Bank of India (RBI) in 1989. Most recently, he served as an executive director and a member of the Monetary Policy Committee (MPC) since May 2022, playing a pivotal role in shaping the country's monetary and liquidity policies.

"Dr. Rajiv Ranjan also brings a wealth of experience in working with major multilateral financial institutions and groupings such as the G20, IMF, World Bank, ...