Washington (EFE).- The Inter-American Development Bank (IDB) announced on Wednesday the opening of the process of appointing a new president, two days after formalizing the dismissal of Mauricio Claver-Carone over an affair with a subordinate.
The IDB Secretariat office notified the bank’s governors (economy ministers or central bank directors of the 48 countries that make up the institution) the opening of a nomination process, which will last 45 days.
To be elected, the candidate must obtain a majority of the voting rights of the member countries, which varies according to the number of shares each member country owns in the share capital of the IDB.
For example, the United States has the highest voting capacity at 30%, followed by Argentina and Brazil at 11.3% each, and Mexico at 7.2%.
The winning candidate, elected for a five-year term (and one re-election), must also have the support of at least 15 of the 28 regional countries.
Until then, Honduran Queen Irene Mejía Chacón, who has held the post since last Monday when Claver-Carone’s departure was officially announced, will preside over the IDB on an interim basis.
An affair has put Claver-Carone out of action
The Cuban-American was fired after losing the trust of the IDB Board of Governors as a result of the love affair he had with a subordinate.
In an interview with Efe, Claver-Carone called his firing “arbitrary” and “political” and the allegations “slander” as he says there is no evidence he had a romantic relationship with any of his employees.
Claver-Carone was elected head of the IDB in September 2020 at the suggestion of then US President Donald Trump (2017-2021), a decision that caused some controversy as he was the first non-Latin American President.
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