Image credits: AFP

IDB President is fired after involvement with employee

By João Caminoto / 27/09/2022 / 1 minute reading

The board of governors of the Inter-American Development Bank (IDB) fired its president, Mauricio Claver-Carone, this Monday (26), after an investigation concluded that he maintained an intimate relationship with a subordinate, violating the institution's rules. Claver-Carone "will step down from his role as president of the bank effective September 26, 2022," the IDB said in a statement

He will be replaced by the executive vice president, Honduran Reina Irene Mejía Chacón, under the leadership of the executive board, until a new president is elected.

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Claver-Carone was promoted to the position by US President Donald Trump in 2020, breaking with the tradition that the position be held by a Latin American.

The highest authority in the IDB, made up of Economy Ministers from its 48 member countries, decided to remove him in an electronic vote that began last Friday.

IDB fires president for violating the institution's ethics rules, says newspaper https://t.co/RpreBHD26j
- Jornal O Globo (@JornalOGlobo) September 26, 2022

(with AFP)

About the Author

João Caminoto

Journalist with more than 30 years of experience, I held various positions - from reporter to international correspondent to editorial director - in several publications, such as Estadão, Broadcast, Época, BBC, Veja and Folha. I feel privileged to have embraced this profession. I am in love with my family and Corinthians.

About the Author

João Caminoto

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