Peru

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Membership

Peru is one of the founding member countries of the IDB. Like all the shareholders, Peru appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Peru is represented by a chair on the Board of Executive Directors. The chair, shared with Chile, is headed by an Executive Director, who is elected to a three-year term by the Governors of Peru and Chile.

Government Palace, Lima
Government Palace, Lima

The Executive Director's Office - IDB Headquarters

Executive Director:
Juan Valdivia Romero (From Peru)
Alternate Executive Director:
Luis Guillermo Echeverri (From Colombia)
Temporary Alternate Executive Director(s):
Iván Duque (From Colombia), Jorge G. Vega (From Peru)
Counselor(s):
Iván Duque (From Colombia), Jorge G. Vega (From Peru)
Elected By:
Colombia and Peru
Number of votes:
367,878 (4.39% of the institution's ownership)

Contributed Capital from Peru (as of 12/31/2009)

  US$ Million Million New Soles
Ordinary Capital: 1,453.00 4,059.68
Paid-in: 62.30 174.07
Callable: 1,390.70 3,885.62
Fund for Special Operations: (after exchange adjustments) 79.80 222.96
 
TOTAL CONTRIBUTION: 1,532.80 4,282.64

The Governor

Governor:
Mercedes R. Aráoz Fernández, Ministra
Alternate Governor:
Luis Miguel Castilla Rubio, Vice Ministro de Hacienda/Ministerio de Economia y Finanzas
Communications between the Governor and the Bank:
Banco Central de Reserva del Peru
Number of shares:
120,580 (1.44% of the institution's ownership)

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