KV.Kamath appointed The First Chairman of international BRICS Bank

KV.Kamath appointed The First Chairman of international BRICS Bank

Former ICICI bank chairman and eminent banker KV.Kamath has been appointed as the first chairman of the BRICS bank (Brazil, Russia, India, Germany, China and South Africa are jointly promoting the $100 Billion Bank). Kamath is currently serving on the board of Infosys and is due to take charge in a 10 days after he resigns from all current positions that he is holding in different roles.BRICS bank has a joint contribution from all member countries and plans to use the corpus for bettering infrastructural facilities. The total share of these 5 nations in the world’s economy is almost $16 Trilion in GDP and this would be the most eminent role that Kamath would be essaying in her cherished career.


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