With a unanimous decision, the Inter-American Development Bank fired its president

First modification: 09/27/2022 – 04:58

Last Thursday, the 14 directors of the bank voted to recommend that the board approve the dismissal of Claver-Carone, the first American to lead the IDB, the largest development bank in Latin America and the Caribbean, but this Monday it was approved his departure official.

The unanimous decision came after the results of an investigation that showed that Claver-Carone had violated the ethical rules when she increased the salary of her chief of staff, with whom, according to the entity, she had had a relationship since 2019, when both worked in the White House.

The now former president of the entity denied in an interview for the Reuters news agency on Monday that he had had an intimate relationship with the employee and assured that he plans legal action against the bank.

“It is an unprecedented investigation that, as expected, does not corroborate the false and anonymous accusations that were made against me or IDB staff in the press,” Claver-Carone said in an official statement that the IDB published on its page. on September 20 and then removed after news of his dismissal broke.

Although nominations for Claver-Carone’s replacement were expected to begin next week in a politically charged process, the IDB’s executive vice president, Honduran Reina Mejía, will serve as interim president.

“The election will be held as established in the Agreement and in the Regulations for the Election of the President of the Bank. The IDB Group and its teams continue to operate normally, to fulfill the mission of improving lives in Latin America and the Caribbean,” reads the official statement of the entity.

Claver-Carone, 62, who took office in October 2020 for a five-year term, was nominated by then-President of the United States, Donald Trump.

With AP, Reuters and local media