Former Brazilian President Dilma Rousseff to head BRICS Bank

Updated: Mar 24 2023 10:37PM

Beijing, Mar 24 (PTI) Former Brazilian President Dilma Rousseff was "unanimously" elected on Friday as the head of the New Development Bank (NDB), a multilateral financial institution set up by the BRICS (Brazil, Russia, India, China and South Africa) countries.

Rousseff, 75, succeeds her compatriot Marcos Troyjo, the Shanghai-headquartered bank announced.

"The Board of Governors of the NDB of the BRICS, (Brazil, Russia, India, China, South Africa), unanimously elected Rousseff as the President of the Bank, effective immediately," a press release from the bank said.

Press Trust Of India (PTI) is India's premier news agency, with a reach as vast as the Indian Railways'. It employs nearly 400 journalists and 500 stringers to cover almost every city and small town in India. Collectively, our journalists put out more than 1,000 stories and 250 photographs including graphics every day to feed the appetite of the diverse subscribers, who include the mainstream media, the specialized presses, research groups, companies, and government and non-governmental organizations.

General Access

Add On Customer Packages

The Press Trust Of India Ltd.

PTI building 4, Parliament Street, New Delhi-110 001

© PTI 2021, All Right Reserved

Designed by: 4c Plus