Gerardo Esquivel, deputy governor of the Bank of Mexico and doctor in Economics from Harvard University, has the support of President Andrés Manuel López Obrador. However, he has to compete with four other candidates: Cecilia Todesca from Argentina, Gerard Johnson from Trinidad and Tobago, Ilan Goldfajn from Brazil and Nicolasa Eyzaguirre from Chile.
I am in Washington at the offices of the Inter-American Development Bank (@el_IDB).
I have had very productive meetings with the representatives of various countries and with officials from various agencies of the US government. pic.twitter.com/vl1qsBgRAE
— Gerardo Esquivel (@esquivelgerardo)
November 15, 2022
Cecilia Todesca BoccoSecretary of International Economic Relations of the Argentine Foreign Ministry, is an economist and has a master’s degree in Public Administration from Columbia University.
gerard johnson works as a senior adviser to the Jamaican Ministry of Finance. He is also a former IDB official.
Ilan Goldfajn, head of the Western Hemisphere department of the International Monetary Fund (IMF), who was also in charge of the Central Bank of Brazil (2016-2019); he was nominated by Kristalina Georgieva, director of the IMF.
Nicolas Eyzaguirre Guzman, is a commercial engineer and has master’s degrees in Economics from the University of Chile and in Economics from Harvard University with doctoral studies at the latter institution. He was Minister of Finance and Education of Chile, as well as Secretary General of the Presidency and Manager and Director of the Andean country’s central bank.
The five candidates were interviewed on November 13 by the 48 members of the Board of Governors.
The selection of the next president of the Inter-American Development Bank will take place on November 20.
What does the IDB do?
The IDB, through financial and technical support, helps improve the health, education, and infrastructure of countries that work to reduce poverty and inequality, giving priority to inclusion and equality, productivity, and innovation; in addition to regional economic integration.
“Our goal is to achieve development in a sustainable and climate-friendly manner,” reads the page of the regional institution.
The bank’s highest authority is the Board of Governors. Each of the 48 member states appoints a Governor, and their voting power is directly proportional to the capital that said country subscribes to the IDB.
