Rajiv Ranjan, with more than three decades at the reserve Bank of India, brings enormous experience in monetary policy, research and international finances to the role. | Photocredit: Reuters
The Board of Directors of the Nieuwe Development Bank (NDB) has appointed Rajiv Ranjan as vice-president of the NDB for a period of five years, according to a statement from the NDB.
The new Development Bank was founded in 2015 by BRICS countries and is a multilateral development bench that is aimed at mobilizing resources for infrastructure and sustainable development projects in BRICS and other EMDCs.
Rajiv Ranjan is a career central banker with more than 35 years of experience. After starting his Stint with the Reserve Bank of India (RBI) in 1989, he has served since May 2022 as executive director and member of the Monetary Policy Committee (MPC).
Earlier, as head of the Monetary Policy and Secretary of the MPC, Ranjan played a key role in monetary policy and liquidity -related functions. His extensive professional experience includes leading the Department of Economic and Policy Research, with a focus on data-driven policy investigation, as an expert in economic policy at the Central Bank of Oman (2012-15), and assignments in the international department and the Department of External Investments and Operations at the Reserve Bank.
Published on August 25, 2025
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