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Membership

Argentina is one of the founding member countries of the IDB. Like all the shareholders, Argentina appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Argentina is represented by a chair on the Board of Executive Directors. The chair, shared with Haiti, is headed by an Executive Director, who is elected to a three-year term by the Governors of Argentina and Haiti.

The Executive Director's Office - IDB Headquarters

Executive Director:
Gabriela Costa (From Argentina)
Alternate Executive Director:
Federico Chinchilla (From Argentina)
Temporary Alternate Executive Director(s):
Carlos Bolo Bolano (From Argentina)
Counselor(s):
Carlos Bolo Bolano (From Argentina), Federico Bragagnolo (From Argentina)
Elected By:
Argentina and Haiti
Number of votes:
1,196,133 (11.47% of the institution's ownership)

Contributed Capital from Argentina (as of 12/31/2010 )

  US$ Million
Ordinary Capital: 10,858.90
Paid-in: 465.10
Callable: 10,393.80
Fund for Special Operations: (after exchange adjustments) 505.40
 
TOTAL CONTRIBUTION: 11,364.30

The Governor

  • Governor: Hernán Lorenzino, Ministro/Ministerio de Economía y Finanzas Públicas
  • Alternate Governor: Mercedes Marcó del Pont , Presidente/Banco Central de la República Argentina
  • Communications between the Governor and the Bank: Ministerio de Economía y Finanzas Públicas
  • Number of shares: 1,149,829 (11.03% of the institution's ownership)

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