The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. NDB’s work complements the efforts of multilateral and regional financial institutions, toward global growth and development.

Our work is centered around maximizing the impact of development in a fast, ﬂexible and eﬃcient manner. To catalyze the kind of development we envisage, we are always keen to listen, learn and collaborate with other MDBs, governments, ﬁnancial institutions and social organizations.

To fulfill its purpose, the Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments.

Our headquarters is in Shanghai, China. The geographic distribution of NDB’s operations is becoming increasingly balanced as the Bank develops its capacity to identify and prepare projects in all member countries. The first regional office of NDB – the Africa Regional Centre (ARC) – was opened in Johannesburg, South Africa, in August 2017.  In July 2019, NDB began
to build the Americas Regional Office team, based in São Paulo, Brazil, with a sub-office in Brasília. NDB and the Government of Russia signed the Agreement on the Hosting of the NDB Eurasian Regional Centre in Moscow, Russia on the sidelines of the 11th BRICS Summit in Brasília in November 2019. 

New Development Bank (NDB)

Dilma Rousseff

Paritosh Pandit

Ashwani K. Muthoo

Shreyas Rathore

Marcelo Cardoso

Leon Myburgh

Dr. James Zhou

Daniel Alves Maria -

Vladimir Kazbekov

Qiangwu Zhou

Leslie Maasdorp

Anil Kishora

The Leadership Team at the New Development Bank (NDB) is responsible for steering the overall strategic direction and operational effectiveness of the organization. Comprising senior executives across various disciplines, including finance, risk management, human resources, and legal affairs, this team ensures alignment with NDB’s mission to finance sustainable development projects in BRICS nations and other emerging economies. They collaborate on high-level decision-making, policy formulation, and resource allocation to optimize impact and promote organizational growth.

Leadership Team

Human Resources and Administration

Leadership Team

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Team members

Other teams at New Development Bank (NDB)

Human Resources and Administration

Leadership Team