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New Development Bank Appoints Monale Ratsoma as Chief Risk Officer

Jul 18, 2026

Position

Chief Risk Officer

Company

New Development Bank

Monale Ratsoma
ShanghaiFinancial ServicesFinanceLendingBanking

Description

The New Development Bank has appointed Monale Ratsoma as its new Vice-President and Chief Risk Officer, effective from July 8, 2026. Ratsoma is tasked with leading risk management and corporate strategy at the bank.

Quick answer

New Development Bank Appoints Monale Ratsoma as Chief Risk Officer (July 18, 2026). New Development Bank is based in Shanghai, Shanghai, China.

Who is the new Chief Risk Officer at New Development Bank?
New Development Bank named Monale Ratsoma Chief Risk Officer, announced July 18, 2026.
What did New Development Bank announce on July 18, 2026?
The New Development Bank has appointed Monale Ratsoma as its new Vice-President and Chief Risk Officer, effective from July 8, 2026. Ratsoma is tasked with leading risk management and corporate strategy at the bank.
What does New Development Bank do?
The New Development Bank (NDB) was established in 2014 by Brazil, Russia, India, China, and South Africa.
Where is New Development Bank based?
New Development Bank is based in Shanghai, Shanghai, China.
Which similar companies made leadership changes around the same time?
AU Small Finance Bank Limited (July 18, 2026), Coronation Merchant Bank Limited (July 18, 2026), Aviva Finance Limited (July 19, 2026) and Areion Group (July 17, 2026) also announced leadership changes within 45 days of New Development Bank.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at New Development Bank, and when

A new leader at New Development Bank brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

New Development Bank

Location

Shanghai, Shanghai, China

About

The New Development Bank (NDB) was established in 2014 by Brazil, Russia, India, China, and South Africa. It aims to mobilize resources for infrastructure and sustainable development projects in BRICS member nations and other emerging market economies. The bank is committed to diversifying its funding sources and enhancing its capability to finance sustainable development projects. NDB is the largest panda bond issuer in the China Interbank Bond Market.

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