<\/p>\n
The Board of Governors of the New Development Bank (NDB) has appointed South African economist and financial strategist Monale Ratsoma as vice-president and chief risk officer, effective 8 July 2026.<\/p>\n
Established in 2014 by the Brics countries \u2013 Brazil, Russia, India, China and South Africa \u2013 the NDB is a multilateral development bank headquartered in Shanghai that finances infrastructure and sustainable development projects across emerging economies.<\/p>\n
Read:
Brics bank lends South Africa R16bn for cities, report says
Brics council on the Global South\u2019s trade and investment case<\/p>\n
In his new role, Ratsoma will oversee the bank\u2019s risk management, corporate strategy, policies, partnerships, and the implementation of environmental, social and governance (ESG) standards.<\/p>\n
ADVERTISEMENT<\/p>\n
CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n
Ratsoma previously served as vice-president and chief financial officer from July 2024 to July 2026, leading the bank\u2019s multicurrency funding strategy across international capital markets.<\/p>\n
Before that, he was director-general of the NDB\u2019s Africa Regional Centre from 2018 to 2024, where he established the bank\u2019s first regional office to support its African operations.<\/p>\n
Prior to joining the NDB, Ratsoma held several senior leadership positions at South Africa\u2019s National Treasury between 2011 and 2018.<\/p>\n
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n
These included deputy director-general of economic policy, as well as acting deputy director-general of international and regional economic policy, overseeing South Africa\u2019s engagement with the G20, Brics and the Southern African Development Community (Sadc).<\/p>\n
Read:
Brics bank lends South Africa R16bn for cities, report says
Brics-led Development Bank touts yuan funding for global South<\/p>\n
He holds a master\u2019s degree in Development Economics from the University of Johannesburg, and honours and bachelor\u2019s degrees in Economics from the University of the Western Cape. He also underwent executive training from the Gordon Institute of Business Science and other international institutions.<\/p>\n<\/p><\/div>\n
#SAs #Monale #Ratsoma #appointed #Brics #bank #vicepresident<\/p>\n","protected":false},"excerpt":{"rendered":"
The Board of Governors of the New Development Bank (NDB) has appointed South African economist and financial strategist Monale Ratsoma as vice-president and chief risk officer, effective 8 July 2026.… <\/p>\n","protected":false},"author":1,"featured_media":12329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12625,200,13614,13612,13613,681,13615],"class_list":["post-12328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-appointed","tag-bank","tag-brics","tag-monale","tag-ratsoma","tag-sas","tag-vicepresident"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/12328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12328"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/12328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/12329"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}