Latin America Bank to Consider Five Candidates for Chief
- Deadline for nations to register names closed on Friday
- Nominees backed by Brazil, Mexico, Chile, Argentina, Trinidad
Governments from Latin America and the Caribbean, together with the US and Canada, are set to consider five candidates next week as they move forward to select a new chief for the Inter-American Development Bank, a key financial institution for the region and one of its most coveted jobs.
Finance ministers and other officials of nations belonging to the IDB, as the Washington-based lender is known, are set to interview the candidates virtually on Sunday after a 45-day window for nominations officially closed Friday night. They will then converge to the bank’s headquarters, where a final decision will be made on Nov. 20. The winner needs a majority of the IDB’s voting share and backing from more than half of a group of 28 nations that includes the bank’s borrowers, the US and Canada.