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Membership
Nicaragua is one of the founding IDB member countries. Like all the shareholders, Nicaragua 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., Nicaragua is represented by a chair on the Board of Executive Directors. The chair, shared with Belize, Costa Rica, El Salvador, Guatemala and Honduras, is headed by an Executive Director, who is elected to a three-year term by the Governors of Nicaragua, Belize, Costa Rica, El Salvador, Guatemala, and Honduras.
The Executive Director's Office - IDB Headquarters
- Executive Director:
- Carmen María Madríz (From Costa Rica)
- Temporary Alternate Executive Director(s):
- José Mauricio Silva (From El Salvador), Marlon Ramsses Tabora Muñoz (From Honduras), Francisco Mayorga Balladares (From Nicaragua), Carla Anai Herrera Ramos (From Guatemala)
- Counselor(s):
- José Mauricio Silva (From El Salvador), Marlon Ramsses Tabora Muñoz (From Honduras), Francisco Mayorga Balladares (From Nicaragua), Carla Anai Herrera Ramos (From Guatemala)
- Elected By:
- Belize, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua
- Number of votes:
- 230,780 (2.46% of the institution's ownership)
Contributed Capital from Nicaragua (as of 12/31/2009 )
| US$ Million | ||
|---|---|---|
| Ordinary Capital: | 435.80 | |
| Paid-in: | 18.70 | |
| Callable: | 417.10 | |
| Fund for Special Operations: (after exchange adjustments) | 24.20 | |
| TOTAL CONTRIBUTION: | 460.00 | |
Presidential Palace, Managua
The Governor
- Governor: Ivan Adolfo Acosta Montalván, Ministro/Ministerio de Hacienda y Crédito Público
- Alternate Governor: Manuel Coronel Novoa, Asesor, Oficina del Director por Centroamérica, México, España y Venezuela/Banco Mundial
- Communications between the Governor and the Bank: Ministerio de Hacienda y Crédito Público
- Number of shares: 41,280 (0.44% of the institution's ownership)
