He co-founded and served as Director of the BRICLab at Columbia University, where he taught international and public affairs, and lectured extensively at universities and research centers around the world. 6. 2020The Indian Express [P] Ltd. All Rights Reserved, KV Kamath was at the helm of the NDB since its inception in 2014. An economist, political scientist and diplomat, he holds a Master’s degree and a PhD in sociology of international relations from the University of São Paulo and pursued postdoctoral studies at Columbia University. 1-Apr-2019 However, our advertising department can be more than New Development Bank (NDB) has elected Marcos Troyjo from Brazil as its new president, as the term of KV Kamath comes to an end. We will, however, try to publish comments that are representative of all received. Mr. Troyjo authors books on development, technology and global affairs. Mauricio J Claver-Carone has been elected to serve as the fifth president of the Inter-American Development Bank (IDB), effective October 1. We welcome reader comments on the top stories of the day. Indian Railways to start 39 new IRCTC Special Trains soon; See full train list, RBI monetary policy outcome on Oct 9, MPC may keep repo rate unchanged as growth remains uncertain, Copyright © He is an alumnus of the Rio Branco Institute, the diplomatic academy of Brazil’s Ministry of Foreign Affairs. Financial Express is now on Telegram. New Development Bank (NDB) has elected Marcos Troyjo from Brazil as its new president, as the term of KV Kamath comes to an end. Marcos Troyjo Elected as the Next NDB President According to Articles of Agreement of the New Development Bank (AoA), the Board of Governors elects a President from one of the founding member countries on a rotational basis. The Board of Governors of the NDB also appointed, Articles of Agreement of the New Development Bank. Dont forget to try our free Income Tax Calculator tool. FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. This includes prioritising economic growth and development of member countries, leading a whole-of-region approach taking advantage of America Crece — an US initiative to ramp up US private sector engagement and catalyse energy and infrastructure investment in the region —, promoting good governance, strengthening US commitment to the region, and advocating for a one-term commitment for the IDB presidents. 5. The Memorandum was signed by Mr. K.V.Kamath, the President …more As president, Claver-Carone will oversee the operations of the IDB Group, which comprises the IDB, IDB Invest and IDB Lab. Please understand that comments are moderated and it is not always possible to publish all that have been New Development Bank and BRICS Business Council Sign Memorandum on Strategic Cooperation. 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Lastly, read our Terms and Conditions and Privacy Policy, US stocks drop after Trump calls off talks on economic stimulus, New Kingston smart city initiative gets big boost, Ammar's completes multimillion-dollar renovation across stores, US trade deficit up to US$67.1 billion in August, 14-year high, Sygnus delivers on dividend promise to shareholders, Latin Finance rewards bond raise for TransJamaican Highway Limited — NCB Capital Markets recognised, Musson Jamaica acquires Massy Holdings IT and communications business, DRM, another alternative to Digital Radio, COVID-19 global recession will push over 1.4% of world's population into extreme poverty — World Bank, Think Grow Lead (TGL) launches Caribbean C-Suite Conversations virtual leadership forum, UNDP/EU provides business boost for development of minerals industry, Sagicor's SWYPE now accepting microchip technology. Here's what the govt has decided, Attention train passengers! He previously served as US Representative to the International Monetary Fund and as senior advisor to the undersecretary for International Affairs at the US Department of the Treasury. Terms under which this service is provided to you. under discussion. Anil Kishora from India will be the new vice-president. I propose a five-point platform that will define my single five-year term (5-for-5),” Claver-Carone stated in a column published in the Jamaica Observer in July. He recently served as Brazil’s Deputy Economy Minister and Special Secretary for Foreign Trade and International Affairs and represented the Brazilian Government on the boards of multilateral development institutions. The Inter-American Development Bank has a new president Mauricio Claver-Carone, Trump's senior Latin America adviser, was the chosen one Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID), also known as the Inter-American Development Bank, at the Atlapa Convention Center in Panama City March 13, 2013. Please don't use the comments to advertise. Copyright © 2013 Jamaica Observer. or in the newspaper � email addresses will not be published. UGC declares 24 universities as fake; maximum from UP followed by Delhi, Schools to reopen from October 15! By BBN Staff: The Inter-American Development Bank (IDB) has elected Mauricio J. Claver-Carone as president to serve as the financial institution’s head for a five-year term. On May 27, 2020, the Board of Governors of the NDB held a Special Meeting in virtual format. We ask that comments are civil and free of libellous or hateful material. 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