PRESS RELEASES

Board of Governors holds Special Meeting, elects Marcos Troyjo as NDB President

27-May-2020

On May 27, 2020, the Board of Governors of the New Development Bank (NDB) unanimously elected Mr. Marcos Prado Troyjo as the President of the NDB from July 7, 2020, in full accordance with the Articles of Agreement of the New Development Bank and its procedures.


MARCOS PRADO TROYJO


According to the Articles of Agreement of the New Development Bank, the NDB Board of Governors elects a President from one of the founding member countries on a rotational basis. The President is the chief of the operating staff of the Bank, conducting, under the direction of the Directors, the ordinary business of the NDB.

The Board of Governors of the New Development Bank also appointed Mr. Anil Kishora as Vice President of the NDB.


ANIL KISHORA


Mr. Paulo Guedes, Minister of Economy of Brazil, Mr. Anton Siluanov, Minister of Finance of Russia, Mrs. Nirmala Sitharaman, Minister of Finance of India, Mme. Jiayi Zou, Vice Minister of Finance of China and Mr. Tito Titus Mboweni, Minister of Finance of South Africa participated in the BoG Special Meeting held in virtual format.