Membership

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

Country Representation

Executive Director: Armando José León Rojas (From Venezuela)

Alternate Executive Director: Fernando Ernesto de León de Alba (From Panama)

Temporary Alternate Executive Director(s): Pablo José Romero Castillo (From Venezuela)
Victor José Blanco Cova (From Venezuela)

Counselor(s): Maruquel Díaz (From Panama)
Pablo José Romero Castillo (From Venezuela)
Victor José Blanco Cova (From Venezuela)

Elected By: Panama and Venezuela

NUMBER OF VOTES

OF THE INSTUTION'S OWNERSHIP

Contributed Capital from Venezuela (as of 12/31/2009 )

Ordinary Capital: 5,817.80

Paid-in: 249.30

Callable: 5,568.50

Fund for Special Operations: (after exchange adjustments) 315.30

TOTAL CONTRIBUTION: 6,133.10

Active portfolio by sector*

TOTAL
LOANS
$
0.0M
* Includes disbursed and undisbursed balance

RESULT

327 Projects completed

OUR TEAM ON THE GROUND

Representative:
Address:
Av. Venezuela, Torre Principal
Banco Bicentenario, Piso 3, El Rosal
Caracas, 1060, Venezuela
Mailing Address:
Av. Venezuela, Torre Principal
Banco Bicentenario, Piso 3, El Rosal
Caracas, 1060, Venezuela
(T) (58-212) 955-2900 (F) (58-212) 955-2999

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