Mauricio Claver-Carone, the current senior director for Western Hemisphere affairs at the U.S. National Security Council and an adviser to President Donald Trump, was elected Sept. 12 to be the next president of Latin America’s top development bank.
He was elected by the Inter-American Development Bank’s (IDB) board of governors and will begin a five-year term on Oct. 1, the IDB said in a statement. The IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, loaning about $13 billion each year.
