Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >UN chief names Belgium's ex-PM De Croo as head of development agency
    Headlines

    UN Chief Names Belgium's ex-PM De Croo as Head of Development Agency

    Published by Global Banking & Finance Review®

    Posted on October 21, 2025

    1 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    UN chief names Belgium's ex-PM De Croo as head of development agency - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Appointmentsustainabilitysocial developmentfinancial communityinternational organizations

    Quick Summary

    Belgium's former PM Alexander De Croo is appointed as the new head of the UNDP by UN Secretary-General Antonio Guterres, pending approval.

    Former Belgian PM Alexander De Croo Appointed to Lead UN Development Agency

    Appointment of Alexander De Croo as UNDP Head

    GENEVA/UNITED NATIONS (Reuters) -United Nations Secretary-General Antonio Guterres has named Belgium's former Prime Minister Alexander De Croo to head the U.N. Development Programme (UNDP), a letter dated October 20 and seen by Reuters on Tuesday revealed.

    Overview of the UN Development Programme

    The document appointing De Croo for a four-year term was signed by Secretary General Antonio Guterres. The decision still needs to be approved by the U.N. General Assembly at an unspecified time.

    Challenges Facing the UNDP

    "We look forward to the final outcome of the Member State process," said a UNDP spokesperson.

    Impact of Aid Cuts on Development

    The U.N. agency works in 170 countries and territories to try and wipe out poverty, reduce inequalities and exclusion and promote sustainable development.

    Future Goals of the UNDP

    Its previous head, Germany's Achim Steiner, stepped down in June at a time of crisis for the United Nations with donors cutting back aid and development programmes around the world. China's Haoliang Xu is currently interim head.

    (Reporting by Emma Farge and Michelle Nichols; editing by Kirsti Knolle)

    Table of Contents

    • Appointment of Alexander De Croo as UNDP Head
    • Overview of the UN Development Programme
    • Challenges Facing the UNDP
    • Impact of Aid Cuts on Development
    • Future Goals of the UNDP

    Key Takeaways

    • •Alexander De Croo appointed as head of UNDP.
    • •Appointment requires UN General Assembly approval.
    • •UNDP aims to reduce poverty and promote sustainable development.
    • •Previous head Achim Steiner stepped down amid aid cuts.
    • •Haoliang Xu currently serves as interim head.

    Frequently Asked Questions about UN chief names Belgium's ex-PM De Croo as head of development agency

    1What is the UN Development Programme (UNDP)?

    The UNDP is a United Nations agency that works in about 170 countries to eradicate poverty, reduce inequalities, and promote sustainable development.

    2What are the challenges facing the UNDP?

    The UNDP faces challenges such as cuts in donor aid and the need to adapt its programs to ongoing global crises.

    3What is the role of the UN Secretary-General?

    The UN Secretary-General is the chief administrative officer of the United Nations, responsible for overseeing its operations and implementing decisions made by member states.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Soccer-Man sentenced for racist abuse of England defender Carter
    Soccer-Man Sentenced for Racist Abuse of England Defender Carter
    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Cyprus has opened discussion with UK over its bases, president says
    Cyprus Has Opened Discussion With UK Over Its Bases, President Says
    Image for Once inspired by Orban, Hungary's Peter Magyar now leads the charge to unseat him
    Once Inspired by Orban, Hungary's Peter Magyar Now Leads the Charge to Unseat Him
    Image for German foreign minister hopes Iran peace talks given chance to work
    German Foreign Minister Hopes Iran Peace Talks Given Chance to Work
    Image for Factbox-What's at stake in Hungary's parliamentary election?
    Factbox-What's at Stake in Hungary's Parliamentary Election?
    Image for Hezbollah chief rejects talks with Israel under fire, vows fighters will continue 'without limits'
    Hezbollah Chief Rejects Talks With Israel Under Fire, Vows Fighters Will Continue 'without Limits'
    Image for Hundreds evacuated after fire hits luxury Paris hotel
    Hundreds Evacuated After Fire Hits Luxury Paris Hotel
    Image for Pope Leo names Australian bishop to lead Vatican's legal office
    Pope Leo Names Australian Bishop to Lead Vatican's Legal Office
    Image for Russia says it supplies fuel to Cuba as humanitarian aid
    Russia Says It Supplies Fuel to Cuba as Humanitarian Aid
    Image for Iranian strikes pose ‘existential threat’, Gulf states tell UN
    Iranian Strikes Pose ‘existential Threat’, Gulf States Tell UN
    Image for Russia says it remains in contact with US on Ukraine settlement
    Russia Says It Remains in Contact With US on Ukraine Settlement
    View All Headlines Posts
    Previous Headlines PostFactbox-Automakers Pool With Ev Makers to Avoid EU Emissions Fines
    Next Headlines PostUkraine Parliament Amends 2025 Budget, Raises Defence Spending to Wartime Record