New Development Bank (NDB)
D J Pandian is an accomplished professional with extensive experience in infrastructure and energy management. Currently serving as the Director General of the Indian Regional Office of the New Development Bank since June 2022, D J Pandian previously held the position of Vice President and Chief Investment Officer at the Asian Infrastructure Investment Bank from March 2016 to March 2022. Notably, D J Pandian played a pivotal role in establishing Pandit Deendayal Petroleum University and served as Chief Secretary for the Government of Gujarat, where significant advancements in infrastructure and energy sectors were achieved. D J Pandian has also held senior roles in various organizations, including Managing Director at Gujarat State Petroleum Corporation Ltd, Advisor at the World Bank Group, and Director in the Indian Ministry of Finance, and possesses a PhD in Business Administration from Nirma University.
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New Development Bank (NDB)
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The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. NDB’s work complements the efforts of multilateral and regional financial institutions, toward global growth and development. Our work is centered around maximizing the impact of development in a fast, flexible and efficient manner. To catalyze the kind of development we envisage, we are always keen to listen, learn and collaborate with other MDBs, governments, financial institutions and social organizations. To fulfill its purpose, the Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments. Our headquarters is in Shanghai, China. The geographic distribution of NDB’s operations is becoming increasingly balanced as the Bank develops its capacity to identify and prepare projects in all member countries. The first regional office of NDB – the Africa Regional Centre (ARC) – was opened in Johannesburg, South Africa, in August 2017. In July 2019, NDB began to build the Americas Regional Office team, based in São Paulo, Brazil, with a sub-office in Brasília. NDB and the Government of Russia signed the Agreement on the Hosting of the NDB Eurasian Regional Centre in Moscow, Russia on the sidelines of the 11th BRICS Summit in Brasília in November 2019.