Our Corporate Structure
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"Our leadership team draws on a wealth of international experience in multilateral institutions and the business world, in such areas as corporate finance, commercial and investment banking, international law and risk management. The team is bringing new energy to a revamped organization as it works to meet the evolving demands of the private sector in Latin America and the Caribbean."
James P. Scriven
| Meet the Management Team
| Chairman of the Board of Executive Directors
Mr. Goldfajn served as Director of the Western Hemisphere Department at the International Monetary Fund in 2022, where he helped countries implement IMF-supported programs to address an unprecedented array of challenges. He also contributed to the region’s policy dialogue on climate change with the IMF and oversaw the first Resilience and Sustainability Facility of the institution. Earlier in his career, he worked as an economist at the IMF, 1996-1999.
Mr. Goldfajn previously served as Governor of the Banco Central do Brasil (BCB) 2016-2019 and Deputy Governor 2000-2003. He led the BCB in a period of unprecedented decline in inflation and interest rates in Brazil. He championed the structural “BC+“ agenda and oversaw the changes that opened the door to new players in the financial services industry, spurred innovation, digitalization, and started developing widespread fast payment system, all of which bolstered efficiency and more inclusion in Brazil’s financial sector.
| Board of Executive Directors
The Board of Executive Directors shall be responsible for the conduct of the operations of IDB Invest and for this purpose shall exercise all the powers given it by the Charter or delegated to it by the Board of Governors. The Board consists of thitheen Executive Directors, elected or appointed among the Executive Directors and Alternate Directors of the Inter-American Development Bank, one appointed by the largest shareholder, nine representing the regional developing member countries, and three representing the remaining member countries. Each Director may designate an Alternate Director, who shall have full power to act for them in their absence. The President of the Inter-American Development Bank shall be ex-officio Chairman of the Board of Executive Directors of IDB Invest. The Board of Executive Directors shall operate ordinarily at IDB Invest headquarters and meet as frequently as the business of the institution requires.
Executive Directors Borrowing Member Countries
| Country | Executive Director | Alternate Director | Elected |
|---|---|---|---|
| Miguel Braun | Nicolas Camauer | Argentina and Haiti | |
| Navita Anganu | Quinton Charles Lamont Lightbourne | Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago | |
| Navita Anganu | Quinton Charles Lamont Lightbourne | Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago | |
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Mario Alberto Guillen Suarez | Luis Alberto Porto Rizzo | Bolivia, Paraguay, and Uruguay | |
| Paulo Guilherme Farah Correa | Marta Viegas | Brazil and Suriname | |
| Carlos Alvarez | Roberto Izurieta | Chile and Ecuador | |
| Roy Alejandro Barreras Cortes | Alex Alonso Contreras Miranda | Colombia and Peru | |
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Erick Jose Limas Maldonado | Ernesto Alejandro Selman Mejia | Dominican Republic and Mexico | |
| Carlos Alvarez | Roberto Izurieta | Chile and Ecuador | |
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Navita Anganu | Quinton Charles Lamont Lightbourne | Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago | |
| Miguel Braun | Nicolas Camauer | Argentina and Haiti | |
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Navita Anganu | Quinton Charles Lamont Lightbourne | Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago | |
| Erick Jose Limas Maldonado | Ernesto Alejandro Selman Mejia | Dominican Republic and Mexico | |
| Karen Cis | Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua | ||
| Gustavo Tarre Briceno | Juan Francisco Aleman | Panama and Venezuela | |
| Mario Alberto Guillen Suarez | Luis Alberto Porto Rizzo | Bolivia, Paraguay, and Uruguay | |
| Roy Alejandro Barreras Cortes | Alex Alonso Contreras Miranda | Colombia and Peru | |
| Paulo Guilherme Farah Correa | Marta Viegas | Brazil and Suriname | |
| Navita Anganu | Quinton Charles Lamont Lightbourne | Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago | |
| Mario Alberto Guillen Suarez | Luis Alberto Porto Rizzo | Bolivia, Paraguay, and Uruguay | |
| Gustavo Tarre Briceno | Juan Francisco Aleman | Panama and Venezuela |
Executive Directors Non-Borrowing Member Countries
| Country | Executive Director | Elected | |
|---|---|---|---|
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Hyung Chul Lee | Takashi Hanajiri | Croatia, Israel, Japan, Korea, and Slovenia |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Renaud Lassus | Alberto Nadal | France, Portugal and Spain |
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Hyung Chul Lee | Takashi Hanajiri | Croatia, Israel, Japan, Korea, and Slovenia |
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Hyung Chul Lee | Takashi Hanajiri | Croatia, Israel, Japan, Korea, and Slovenia |
|
Hyung Chul Lee | Takashi Hanajiri | Croatia, Israel, Japan, Korea, and Slovenia |
|
Frank Fass-Metz | Huafeng Liao | Austria, Belgium, China, Germany, Italy, and The Netherlands |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Renaud Lassus | Alberto Nadal | France, Portugal and Spain |
|
Hyung Chul Lee | Takashi Hanajiri | Croatia, Israel, Japan, Korea, and Slovenia |
|
Renaud Lassus | Alberto Nadal | France, Portugal and Spain |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Caroline Leclerc | Nora Maria Klami | Canada, Denmark, Finland, Norway, Sweden, Switzerland and United Kingdom |
|
Jeffrey Kyle Baker (a.i.) | United States of America |
| Board of Governors
IDB Invest is owned by its 48 member countries, 26 of which are in the Latin American and Caribbean region. Each country’s voting power is proportional to the number of IDB Invest shares it holds. Each member country appoints a Governor and an Alternate Governor. In the case of countries that are members of both IDB Invest and the IDB, someone who serves as Governor or Alternate Governor of the IDB holds that same position ex officio in IDB Invest, unless the country indicates otherwise. All the powers of IDB Invest are vested in its Board of Governors, which may delegate most of its powers to the Board of Executive Directors in accordance with IDB Invest Charter. The Board of Governors selects one of the Governors to serve as its Chairperson. It holds annual meetings in conjunction with annual meetings of the Board of Governors of the Inter-American Development Bank and may hold other meetings called by the Board of Executive Directors.
Governors Borrowing Member Countries
| Country | Executive Governor | Alternate Governor |
|---|---|---|
|
Luis Andrés Caputo | Pablo Quirno |
|
Michael Halkitis | Simon Wilson |
|
Mia Mottley | Ian Carrington |
|
John Briceño | Christopher Coye |
|
Sergio Armando Cusicanqui Loayza | Marcelo Alejandro Montenegro Gómez García |
|
Simone Nassar Tebet | Fernando Haddad |
|
Mario Marcel Cullell | Heidi Berner Herrera |
|
Germán Ávila Plazas | Alexander López Maya |
|
Nogui Acosta Jaén | Roger Madrigal López |
|
José Manuel Vicente Dubocq | Pavel Ernesto Isa Contreras |
|
Sariha Belén Moya Angulo | Guillermo Avellán |
|
Jerson Rogelio Posada Molina | Douglas Pablo Rodríguez Fuentes |
|
Jonathan Kiril Thomas Menkos Zeissig | Álvaro González Ricci |
|
Bharrat Jagdeo | Ashni Singh |
|
Alfred Fils Metellus | Marie D.A Ketleen Florestal |
|
Christian David Duarte Chávez | Rebeca Patricia Santos Rivera |
|
Fayval Williams | Darlene Morrison |
|
Edgar Amador Zamora | |
|
Bruno Mauricio Gallardo Palaviccine | Leonardo Ovidio Reyes Ramírez |
|
Felipe E. Chapman | Javier Enrique Carrizo Esquivel |
|
Carlos Fernández Valdovinos | Felipe María González Soley |
|
Raúl Ricardo Pérez Reyes Espejo | Erick Wilfredo Lahura Serrano |
|
Kermechend Raghoebarsing | |
|
Kennedy Swaratsingh | Aarti Bedassie-Maharaj |
|
Gabriel Oddone | Martín Vallcorba |
|
Mariela Magallanes |
Governors Non-Borrowing Member Countries
| Country | Executive Governor | Alternate Governor |
|---|---|---|
|
|
Markus Marterbauer | Edith Frauwallner |
|
|
Jan Jambon | Maxime Prévot |
|
|
Randeep Sarai | |
|
|
Gongsheng Pan | Changneng Xuan |
|
|
Marko Primorac | Stipe Župan |
|
|
Ole Thonke | Karen Grønlund Rogne |
|
|
Pasi Hellman | Juha Savolainen |
|
|
Eric Lombard | Bertrand Dumont |
|
|
Johann Saathoff | Ruediger von Kleist |
|
|
Bezalel Smotrich | Shmuel Abramzon |
|
|
Giancarlo Giorgetti | Fabio Panetta |
|
|
Katsunobu Kato | Kazuo Ueda |
|
|
Beomseok Kim | Chang Yong RHEE |
|
|
Pascalle (P.M.M.) Grotenhuis | |
|
|
Stine Renate Håheim | Harriet Veddegjerde Solheim |
|
|
Joaquim Miranda Sarmento | Nuno Sampaio |
|
|
Klemen Boštjančič | Nikolina Prah |
|
|
Carlos Cuerpo Caballero | Inés Carpio San Román |
|
|
Diana Janse | Tobias Axerup |
|
|
Dominique Paravicini | Arno Wicki |
|
|
(Jenny) Chapman of Darlington | |
|
|
Michael Kaplan |