Inter-American Developent Bank Board Approves new President’s Leadership Team

Mauricio Claver-Carone, a former top adviser to U.S. President Donald Trump whose nomination to head the bank drew opposition from Argentina, Mexico and others, vowed when he won election in October to give smaller countries a bigger say in the bank’s leadership.

RIO DE JANEIRO, BRAZIL - The board of the Inter-American Development Bank (IDB) has approved four candidates for top jobs proposed by the bank’s first U.S. leader, overcoming weeks of delays prompted by Mexico and Argentina, two sources familiar with the decision said.

The IDB’s 14-member executive board approved the four candidates - from Honduras, Ecuador, Paraguay and Argentina - for vice president positions at a meeting late on Friday, according to the sources, who were not authorized to speak publicly.

Mauricio Claver-Carone, a former top adviser to U.S. President Donald Trump whose nomination to head . . .

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