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IDB Group approves nomination of new Governor for Venezuela

Washington, DC. The Governors of the Inter-American Development Bank today approved a resolution recognizing the appointment by Mr. Juan Guaidó of Ricardo Hausmann as IDB Governor for Venezuela.

In a separate vote, the Governors of Inter-American Investment Corporation (known as IDB Invest), the IDB Group’s private sector lending arm, also approved Hausmann’s appointment.

The Governors voted electronically, following guidelines established by the Executive Directors of the IDB on Friday, March 8, stipulating that the Governors would have until 6:30 pm on March 15 to register their votes.

Hausmann’s appointment is effective immediately.

About the IDB

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.