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Membership

Panama is one of the founding member countries of the IDB. Like all the shareholders, Panama 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., Panama is represented by a chair on the Board of Executive Directors. The chair, shared with Venezuela, is headed by an Executive Director, who is elected to a three-year term by the Governors of Panama and Venezuela.

The Executive Director's Office - IDB Headquarters

Executive Director:
Adina Bastidas (From Venezuela)
Alternate Executive Director:
Antonio De Roux (From Panama)
Temporary Alternate Executive Director(s):
Víctor Luis Rodríguez Rojas (From Venezuela), Robert Bonillo (From Venezuela)
Counselor(s):
Víctor Luis Rodríguez Rojas (From Venezuela), Robert Bonillo (From Venezuela)
Elected By:
Panama and Venezuela
Number of votes:
523,682 (5.57% of the institution's ownership)

Contributed Capital from Panama (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) 25.40
 
TOTAL CONTRIBUTION: 461.20

The Governor

  • Governor: Frank De Lima G., Ministro/Ministerio de Economía y Finanzas
  • Alternate Governor: Mahesh C. Khemlani , Viceministro de Finanzas/Ministerio de Economía y Finanzas
  • Communications between the Governor and the Bank: Ministerio de Economia y Finanzas
  • Number of shares: 41,280 (0.44% of the institution's ownership)

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