World Bank Names Familiar to Oversee Latin America Effort

The World Bank appointed the first Latin American in 30 years as the region’s vice president, charged with overseeing a portfolio of projects from Jamaica to Brazil that totals more than $30 billion.

Jorge Familiar, a Mexican national who served as executive director of the World Bank Group in Washington and chief executive officer of the Mexican state-owned lender Instituto del Fondo Nacional para el Consumo de los Trabajadores, replaces Hasan Tuluy as vice chairman for Latin America and the Caribbean, the World Bank said in a statement.