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Monale Ratsoma named Brics bank Africa region head

4th May 2018

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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The National Treasury’s deputy director-general for economic policy, Monale Ratsoma, has been appointed director-general of the Brazil, Russia, India, China and South Africa, or Brics, New Development Bank (NDB) Africa Regional Centre.

The appointment became effective on April 16.

Ratsoma will manage the NDB’s African regional operations and lead the bank’s African efforts in project preparation, project implementation and regional portfolio management.

He will also collaborate with well-established infrastructure and sustainable development entities and representative offices of multilateral and regional development banks.

The Brics NDB is a key stakeholder in the efforts of the South African government to mobilise and leverage financial resources for infrastructure development.

National Treasury director-general Dondo Mogajane congratulated Ratsoma on her appointment.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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