Private Sector Development Staff

Initiatives in favor of the private sector are supported on the one hand by our Institutional Capacity and Finance Sector (ICF) and on the other hand by the Vice Presidency for Private Sector.

Institutional Capacity and Finance Sector (ICF)’s  objective is to become the first choice of LAC countries in their development of solid institutional, financial, and fiscal capacities. When countries are facing the consequences of the financial crisis on their economy, they need to establish at the same time  the basis for future growth. ICF, and in particular the Capital markets and Financial Institutions division works to upgrade the regulatory and institutional environment for firms; reduce barriers that limit access to markets; design, implement, and measure the impact of productive development policies both at the national and local levels; support public-private dialogue and collaboration; promote inter-firm cooperation and emerging clusters; and deepen local, regional, and global value chains

The Vice Presidency for Private Sector and Non-Sovereign Guaranteed Operations (VPP) coordinates the development and delivery of private sector and non-sovereign guaranteed operational programs of the IDB Group, composed of the IDB, the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).

VPP leads the development and implementation of the Private Sector Integrated Business Plan, as well as the business plans of each one of the above-cited entities, establishing annual strategic performance goals for each of the private sector members of the IDB Group by building alliances with the Bank’s vice presidencies for countries and for sectors.

In coordination with the Bank’s Office of Outreach and Partnerships, VPP promotes partnerships and strategic alliances with the private sector by facilitating fundraising efforts and implementing work programs of those partnerships and alliances in relation to the priorities of the operational program of the non-sovereign guaranteed areas. The VPP also performs such other functions as may be determined by the president, the executive vice president and the Board of Executive Directors.

The Vice Presidency for Private Sector and Non-Sovereign Guaranteed Operations coordinates:

• Structured and Corporate Financing Department
• Office of the Multilateral Investment Fund
• Opportunities for the Majority Sector
• Inter-American Investment Corporation