Board of Governors
As the highest decision-making authority, the Board of Governors consists of one Governor at the ministerial level and one alternate appointed by each member country. All the powers of the Bank are vested in the Board of Governors.
BRAZIL
GOVERNOR
Mr. Fernando Haddad
Minister of Finance
ALTERNATE GOVERNOR
Ms. Simone Nassar Tebet
Minister of Planning and Budget
RUSSIA
GOVERNOR
Mr. Anton Siluanov
Minister of Finance
INDIA
GOVERNOR
Mrs. Nirmala Sitharaman
Minister of Finance
ALTERNATE GOVERNOR
Mr. Ajay Seth
Secretary (EA), Department of Economic Affairs, Ministry of Finance
CHINA
GOVERNOR
Mr. LAN Fo'an
Minister of Finance
ALTERNATE GOVERNOR
Mr. LIAO Min
Vice Minister of Finance
SOUTH AFRICA
GOVERNOR
Mr. Enoch Godongwana
Minister of Finance
ALTERNATE GOVERNOR
Mr. David Masondo
Deputy Minister of Finance
BANGLADESH
GOVERNOR
Dr. Salehuddin Ahmed
Hon’ble Finance and Planning Adviser
ALTERNATE GOVERNOR
Mr. Md. Shahriar Kader Siddiky
Secretary of the Economic Relations Division, Ministry of Finance
UNITED ARAB EMIRATES
GOVERNOR
Mr. Mohamed Bin Hadi Al Hussaini
Minister of State for Financial Affairs
ALTERNATE GOVERNOR
Mr. Younis Haji Al Khoori
Undersecretary of the Ministry of Finance
EGYPT
GOVERNOR
Dr. Rania Al-Mashat
Minister of Planning, Economic Development & International Cooperation
ALTERNATE GOVERNOR
Mr. Ahmed Kouchouk
Minister of Finance
Board of Directors
The Board of Directors is responsible for the general operations of the Bank and exercises all the powers delegated to it by the Board of Governors.
| Director | Alternate Director | Members Represented |
|---|---|---|
| Mr. Ivan Tiago Machado Oliveira Deputy Secretary for Sustainable Development Finance, Ministry of Finance, Brazil |
Ms. Rebeca Gouget Sérgio Miranda Coordinator for NDB and World Bank Group Affairs, Ministry of Finance, Brazil |
BRAZIL |
| Mr. Ivan Chebeskov Deputy Minister of Finance, Ministry of Finance, Russia |
Mr. Pavel Snisorenko Director, Department for International Financial Affairs, Ministry of Finance, Russia |
RUSSIA |
| Ms. Manisha Sinha Additional Secretary, Department of Economic Affairs, Ministry of Finance, India |
Mr. Solomon Arokiaraj Joint Secretary (Other Multilateral Institutions Division), Department of Economic Affairs, Ministry of Finance, India |
INDIA |
| Ms. Junhong Chang Director General of the Department of International Economic and Financial Cooperation, Ministry of Finance, China |
Mr. Bo Zhang Deputy Director General, Center for Evaluation of the World Bank Loan Projects, Ministry of Finance, China |
CHINA |
| Dr. Duncan Pieterse Director-General, National Treasury, South Africa |
Mr. Marlon Geswint Acting Director General, International and Regional Economic Division, National Treasury, South Africa |
SOUTH AFRICA |
| Ms. Thuraiya Hamid Alhashmi Director, International Financial Relations and Organizations, Ministry of Finance, United Arab Emirates |
Mr. Atter Hannoura Director of the PPP Central Unit, Ministry of Finance, Egypt |
BANGLADESH, UNITED ARAB EMIRATES, EGYPT |
Note: The President of NDB is also a member of the Board of Directors, but has no vote except a deciding vote in case of an equal division.
Committees
The Board of Directors of the NDB appoints the following committees to ensure seamless execution of our work:
Audit, Risk and Compliance Committee
- All Board Members including the President
- The Committee shall meet at least four times a year
Budget, Human Resources and Compensation Committee
- All Board Members including the President
- The Committee shall meet at least quarterly or as needed