Arturo Herrera and Luis Felipe López-Calva join the World Bank

Arturo Herrera and Luis Felipe López-Calva join the World Bank

Earlier, the deputy governor of the Bank of Mexico (Banxico), Gerardo Esquivel, had welcomed the appointment on his Twitter account.

“It is a pleasure to know that today the World Bank announced the appointment of two Mexicans as Global Directors (DG): @ArturoHerrera_G was appointed as DG of Government and @LFLopezCalva as DG of Poverty and Equity. They are both excellent economists and better people. Congratulations!” Esquivel wrote on his Twitter account this Friday.

Herrera resigned last year from the Ministry of Finance under the promise of President Andrés Manuel López Obrador that he would reach the governorship of Banxico, however the proposal was later withdrawn by the Government of the Republic from the Chamber of Senators.

He currently worked as a professor at the Colegio de México (Colmex).

Luis Felipe López-Calva, has nearly 30 years of experience advising various Mexican governments, is UN Deputy Secretary General, UNDP Regional Administrator and Deputy Regional Director for Latin America and the Caribbean.

He is interested in researching labor markets, poverty and inequality, institutions, and the microeconomics of development.

He holds a Master’s degree in Economics from Boston University, and a Ph.D. in the same discipline from Cornell University.

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