Alternate Executive Director


Maria Soledad Barrera Altamirano

Chile and Ecuador

First Name Last Name

Maria Soledad (Marisol) Barrera Altamirano (Quito, Ecuador, 1960) is Alternate Executive Director for Chile and Ecuador at the InterAmerican Development Bank. Previously, she was the Chairwoman of the Board of Directors of Corporacion Financiera Nacional (CFN), President of the Board of Directors of the Latin American Association of Development Financial Institutions (ALIDE) and member of the Board of Directors of CAF.  For twenty years (1989-2009) she held various positions at the Corporacion Andina de Fomento (CAF) - Development Bank of Latin America with headquarters in Venezuela. Her negotiation skills were demonstrated during the incorporation of new shareholders for CAF such as Brazil in addition to the initial negotiations with Trinidad and Tobago, Costa Rica and Jamaica. She is committed to promoting Latin American integration, through credit services and investment promotion, among others.  She was also in charge of several infrastructure projects in different countries (Bolivia, Dominican Republic, Venezuela).  She returns to her native country, Ecuador, to serve in Banco de Desarrollo del Ecuador (Development Bank of Ecuador), first as General Coordinator in 2009 – 2010, then as Deputy General Manager in 2010-2011 when she became the first woman to occupy the General Manager position. Her seal is the contribution to efficiency, institutional growth and profits increase as well as the development of urban public policies.

On December 2013, by decision of the President of the Republic of Ecuador, she was appointed President of the Board of Directors of Corporacion Financiera Nacional, the country's largest financial holding, composed of two insurance companies, the second largest private commercial bank, and a recovery firm. As President of the Board, she contributed to the design of public policy instruments focused on the creation of incentives to encourage private sector investments, as well as of financial products that contribute to innovation and entrepreneurship. The last of which aims to foster the participation of youth as an essential actor in the new knowledge economy. 

The achievements obtained in these two Ecuadorian development institutions were recognized at the regional level, being the first woman to be part of the board of directors of ALIDE, and later elected by all members to be chair of the Board.  Today three women are part of the Board. She left the position on May 2017. 

Since 2011 she has been a member of the Cabinet of President Rafael Correa. She also was member of the board of Banco Central del Ecuador (Central Bank of Ecuador), CTH Mortgage Holder Company; and of the Banco Ecuatoriano de la Vivienda (Housing Bank). She was a member of the International Affairs Committee of the Caracas Chamber of Commerce (1999-2005). She participated in the discussions and proposals for the creation of the Association of Caribbean States (early – mid 90s).

Her career includes also the academia. She was professor of master’s degree at the University of Zulia in Maracaibo, Venezuela and University of San Francisco at Quito as well as participating as guest lecturer in international seminars.

She graduated in Business Administration and holds a Master's degree in Business Administration (MBA) – International Management from Thunderbird School of Global Management in Phoenix, Arizona. Her professional career has been linked to the banking business in multilateral institutions as well as public banks. 

She has received several awards throughout her career, in 1998 she won a research grant on Foreign Direct Investment in Brazil. Later in 2011-2013 several awards for her work in favor of Decentralized Autonomous Governments and between 2014-2015 recognitions in the Ecuadorian business sector.


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