Brazil’s Marcos Prado Troyjo Named as new President of NDB

The board of governors of the New Development Bank (NDB) has unanimously elected Marcos Prado Troyjo, former deputy economy minister of Brazil, as the new President of NDB.
He will replace KV Kamath.
Marcos is scheduled to take charge on July 7, 2020.
The board of governors has also appointed India’s Anil Kishora as vice president of the NDB.
Kishora has 38 years of experience at India’s largest bank, State Bank of India (SBI).
The Board of Governors of the NDB held a Special Meeting in virtual format on May 27, 2020, in which finance minister Nirmala Sitharaman represented India.