Podcast #22: "Conscience-Keeping" for a Multilateral Development Bank – Abhimanyu Ghosh, New Development Bank
November 04, 2020 | BY
Vincent ChowMultilateral development banks are immune from judicial proceedings, which changes the nature of in-house work
Established in 2014, the New Development Bank was set up by China and the four other BRICS countries to finance infrastructure and sustainable development projects in the BRICS and other emerging economies. Abhimanyu Ghosh discusses his role at the bank, the bank's rapid response to COVID-19, setting environmental and social standards for their loans, as well as how working for a multilateral development bank is different from working for a law firm.
Abhimanyu Ghosh is Senior Counsel at the NDB, based at the bank's headquarters in Shanghai. The NDB in-house legal team was the winner of the In-House Team of the Year International at the recent 2020 China Law and Practice Awards.
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