Until then Deputy Director General of Economic Policy of the National Treasury, South African Monale Ratsoma, has been appointed Director General of the Africa Regional Center of Brazil, Russia, India, China and Africa South, Brics, New Development Bank (NDB). His appointment will be effective from April 16th.
Ratsoma will lead NDB’s African regional operations and support the bank in project preparation and implementation, as well as regional portfolio management.
It will also collaborate with established infrastructure and sustainable development entities and representative offices of multilateral and regional development banks.
NDB Brics is a key player in the South African government’s efforts to mobilize and leverage financial resources for infrastructure development.
