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mkendra

06/21/10 9:13 AM

#34379 RE: cabel #34376

Governance of the IDB is vested in the Board of Governors, which tops the organizational structure of the Bank. Each member country appoints a governor, whose voting power is proportional to the capital in the Bank subscribed by his or her country. Governors are usually ministers of finance, presidents of central banks or other high-ranking officials.

The Board of Governors holds an annual meeting in March or April of each year to review the Bank's operations and make major policy decisions. It may also hold extraordinary meetings on key issues.

Governors for the U.S. are:


Timothy F. Geithner - Secretary of the Treasury/Treasury Department, Governor

Robert D. Hormats Under Secretary of State Economic, Energy and Agricultural Affairs/Department of State, Alternate