Toru Kodaki, formerly director general of Fukuoka Local Finance Branch Bureau in Japan, has been elected IDB executive director for Japan, Croatia, Slovenia, Portugal and the United Kingdom.

Bruno Mangiatordi, formerly head of privatization of Italy's Ministry of the Treasury, has been elected IDB executive director for Belgium, Netherlands, Germany, Switzerland, Italy and Israel.

Elcior Santana, who was the IDB's senior counsellor for Brazil and Suriname, has been named alternate executive director for the same countries.

Ra™l Boada has been appointed alternate IDB executive director for Bolivia, Paraguay and Uruguay. He was most recently the general advisor to the controller general of Bolivia.