Rajiv Ranjan, with over three decades at the Reserve Bank of India, brings vast experience in monetary policy, research, and international finance to the role.
| Photo Credit:
Reuters
The Board of Governors of the New Development Bank (NDB) has appointed Rajiv Ranjan as Vice President of the NDB for a five-year term, according to a statement by the NDB.
Established in 2015 by BRICS countries, the New Development Bank is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other EMDCs.
Rajiv Ranjan is a career central banker with over 35 years of experience. Having started his stint with the Reserve Bank of India (RBI) in 1989, he has served as an Executive Director and a Member of the Monetary Policy Committee (MPC) since May 2022.
Previously, as Head of the Monetary Policy Department and Secretary to 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 research, serving as an Economic Policy Expert 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
