The New Development Bank (NDB), a multilateral financial institution established by the BRICS nations, has appointed Rajiv Ranjan as its Vice President. A seasoned economist with decades of policy-making and regulatory experience in India, Ranjan’s elevation underscores NDB’s commitment to strengthening its leadership with diverse expertise. His appointment is expected to bolster the bank’s strategic direction as it scales up its financing operations for sustainable infrastructure and development projects across emerging economies.