IDB Invest, a member of the IDB Group, announces that its Chief Finance and Administration Officer (CFO), Orlando Ferreira, will assume the Treasury role as of May 15, 2021. He will take on the responsibilities of the current Treasurer, Felipe Britto, who has been selected for a new strategic position within the IDB Group.

“I want to thank Felipe Britto for his impeccable service over the last three years as IDB Invest Treasurer,” said Mr. Ferreira. “Under Felipe’s leadership, IDB Invest’s Treasury has accomplished important milestones, including the debut of our $1 billion benchmark bonds, the launch of our Sustainability Debt Framework, and the issuance of our first gender bond for the region. We will continue to build upon these achievements to further consolidate and expand our work.”

Mr. Britto will join the new IDB Group Human Capital Strategy team as a senior advisor. This is one of the Group’s key institutional pillars to support Latin America and the Caribbean and redesign the future of work post pandemic.

About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $13.1 billion in asset management and 385 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.