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The New Development Bank (NDB), ... First Brazilian to lead a multilateral development institution 3 Dilma Rousseff: March 24, 2023 – present 1 year, 248 days
Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday. A multilateral development bank, the NDB was ...
Since March 2023, she has been the Chair of the New Development Bank. She also served in the cabinet of Luiz Inácio Lula da Silva during his first presidency—first as Minister of Mines and Energy, from 2003 to 2005, then as Chief of Staff from 2005 to 2010. [3] Rousseff was raised in an upper middle class household in Belo Horizonte. [3]
Dilma receives the presidential sash from Lula da Silva on 1 January 2011. Dilma took office as president of Brazil on 1 January 2011. The inauguration event – which was organized by her transition team, the Ministries of Foreign Affairs and Defence and the Presidency of the Republic – was expected with anticipation, as she was the first woman to preside over the country.
The summit coincided with the entry into force of constituting agreements of the New Development Bank and the BRICS Contingent Reserve Arrangement and during the summit inaugural meetings of the NDB were held, and it was announced it would be lending in local currency; and open up membership to non-BRICS countries in the coming months.
Dilma Rousseff became the first woman to serve as President of Brazil, during which she cultivated strong relations with China. Following her presidency, Rousseff was appointed as the head of the New Development Bank, where she has played a key role in promoting cooperation and exchanges between Brazil, China, and other BRICS nations.
The main agenda for the summit was the creation of a new development bank. [14] The idea for setting up such a bank was put forward by India, [ 15 ] as a sign of firming the power of the group and increasing its influence in global decision-making; Sudhir Vyas, a senior Indian official, said that the idea for a BRICS bank had been "in the air ...
President Rousseff traveled to New Delhi, India for the 2012 BRICS summit and for her first state visit to India. [28] The summit was focused on increasing cooperation among the BRICS countries, including the establishment of a BRICS development bank. [33] Rousseff also held bilateral meetings with the BRICS leaders on the sidelines of the ...