who has been appointed as the first president of brics promoted new development bank
New Development Bank On 11 May 2015, K. V. Kamath was appointed as the President of the bank.[8]
Development Bank of the Philippines Under its charter, DBP is classified as a development bank. It is primarily tasked to provide banking services to cater to the needs of agricultural and industrial enterprises. It may also perform all other functions of a thrift bank.[3]