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How we are organized

The IDB is headed by the Board of Governors, which delegates oversight of Bank operations to the Board of Executive Directors. Day-to-day operations are run by the management team.

Each member country appoints a governor, whose voting power is proportional to the Bank’s capital subscribed to by the country. The 26 Latin American and Caribbean countries in the IDB hold 50.02 percent of the voting power. The single largest shareholder is the United States, with 30.01 percent.

Members of the Board of Executive Directors serve three-year terms at IDB headquarters in Washington, D.C.

The President of the IDB, who is elected by the Board of Governors for a five-year term, is the institution’s chief executive officer and legal representative, responsible for the day-to-day business of the Bank. He is assisted by one Executive Vice President and four Vice Presidents.

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