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The Independent UK

National

Via AP news wire

Brazilian economist will lead regional development bank

Ilan Goldfajn Brazil InterAmerican Development Bank Latin America

ASSOCIATED PRESS

Latin American governments on Sunday selected Brazilian economist Ilan Goldfajn to lead the region's largest development bank in the wake of a misconduct probe that led to the firing of the previous president.

Governors from the Inter-American Development Bank's 48 members selected Goldfajn to lead the Washington-based multilateral lender from a slate of five candidates nominated by Argentina, Brazil, Chile, Mexico and Trinidad & Tobago.

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