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Inter-American Development Bank says five candidates nominated ahead of Nov. 20 new presidential election

WASHINGTON (Reuters) – Five countries – Argentina, Trinidad and Tobago, Mexico, Brazil and Chile – nominate candidates for president of the Inter-American Development Bank by November 30 board election, the bank said on Saturday.

Argentina announced Friday that it will nominate Cecilia Todeska Bocco, Minister of International Economic Relations. The previous nominees were also the deputy governor of Mexico’s central bank, Gerardo Esquivel, and former Chilean finance minister Nicolas Eyzaguirre. .

Trinidad and Tobago nominates Gerard Johnson, a former IDB officer who is now a senior adviser to the Jamaica Treasury.

Deadline to submit nominations is : 59 Friday afternoon, the Inter-American Development Bank said.

The President of the Inter-American Development Bank, usually the Minister of Finance or other senior economic authority of a member country of the World Bank 48 will meet in November 13 to interview candidates at a virtual meeting, followed by elections in a mixed meeting a week later, it said. leader.

Former Treasury Secretary Guido Mantega said he had written to U.S. Treasury Secretary Janet Yellen in support of the delay. The Treasury Department had no immediate comment.

The U.S. Treasury has stated that it will not nominate candidates for any leadership positions, with 30% of the vote in the bank, followed by Brazil (11%) and Argentina (11%). Colombia and Chile each hold a 3% stake.

Former President Mauricio Claver-Carone was ousted last month over an ethics scandal.

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