BOARD OF EXECUTIVE DIRECTORS:

Our Board of Executive Directors is responsible for the operations of the Enterprise and for this purpose may exercise all the powers delegated by the Board of Governors. The Board of Directors usually meets once a month and, among other duties, is responsible for country strategies, the administrative budget, setting interest rates, and making decisions on borrowings and other financial matters.

The Board of Directors is composed of 9 Executive Directors representing several member countries and also includes some Alternates, who have full power to act when their principals are absent.

The Board of Directors has five Standing Committees that review and discuss documents that are subsequently sent to the Board for approval. All the Chairs of the Board of Directors are members of each of the Standing Committees.

The work of the Board of Executive Directors is guided by the Regulations of the Board of Executive Directors, the Code of Conduct of the Board of Executive Directors and the Consolidated Procedures and Terms of Reference of the Standing Committees.

In accordance with the Access to Information Policy, effective 1 January 2011, the Enterprises will makes public the following records of the Board of Executive Directors:

• Agendas of the meetings of the Board of Executive Directors,
• Standing Committees of the Board and Donors Committee of the Multilateral Investment Fund Minutes of the meetings of the Board of Executive Directors,
• Standing Committees of the Board and Donors Committee of the Multilateral Investment Fund Reports by the Chairpersons of the Standing Committees of the Board of Executive Directors,
• Resolutions adopted by the Board of Executive Directors
• Annual Reports by the Chairpersons of the Standing Committees of the Board of Executive Directors,
• Documents commissioned by the Board of Executive Directors
  • Review of the Ethics, Conduct and Grievance Systems of the Inter-American Development Partners
  • Report of the Independent Review Panel on Evaluation at the Inter-American Development Bank