Observer
New Development Bank
The Independent Evaluation Office (IEO) of the New Development Bank conducts evaluations to improve the NDB’s development effectiveness and to further the achievement of the Bank’s mandate. Independent evaluation plays a central role to drive quality and development impact of the Bank.
The IEO is responsible for independently evaluating the Bank’s policies, strategies, processes, initiatives and operations. The IEO will also contribute and provide oversight to improve the effectiveness of the Bank’s quality assurance and self-evaluation activities.
The IEO is independent of the Management of the NDB and reports directly and exclusively to the Board of Directors.