Enrique García: Lifetime Achievement

Enrique García: Lifetime Achievement

Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Loans Project & Infrastructure Finance People

When Enrique García took over as the president of the Development Bank of Latin America (CAF) in 1991, he surprised some of his new colleagues as he laid out his priorities for the Latin American institution. At the time, CAF was financed by the governments of five countries in Latin America and was viewed as a small and low-profile multilateral bank. But García, a Bolivian economist who had moved into the job after a 17-year career at the Inter-American Development Bank, had a bigger vision. “Early on, I held a meeting and described our goals,” he says. “I told those gathered that we needed to move into more relevant areas of development like infrastructure, that we needed to tap the inte

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