when he was president of the iab luis alberto moreno said the focus of the bank included tackling inequality and improving public services for the countries it serves change is needed said moreno pointing to the various protests in the streets within the region during 2019 moreno pointed out the lack of growth in latin america since 2014 the end of the commodity boom since then the region has experienced the worst economic growth in the world 10
in september 2020 mauricio j claver carone was elected president of the inter american development bank idb during an electronic meeting of the bank s board of governors claver carone took office on october 1 2020 for a five year term previously claver carone was deputy assistant to the former u s president donald trump and senior director for western hemisphere affairs at the u s national security council he has also served as senior advisor to the under secretary for international affairs at the u s department of the treasury 11