Appointment of Two Vice-Presidents and Rotation of Responsibilities

The Board of Governors of the New Development Bank (NDB) appointed Mr. Daopeng Fu from China and Mr. Monale Ratsoma from South Africa as Vice-Presidents of the New Development Bank. The current Vice-President from India, Mr. Rajiv Ranjan, will also take up new responsibilities as the Vice-President and Chief Administrative Officer. The current Vice-President from Russia, Mr. …