IDB removes president

IDB removes president

People International Financial Institutions Inter-American Development Bank (IDB) Latin America United States

Mauricio Claver-Carone has been removed as president of the Inter-American Development Bank (IDB) and replaced by executive vice president Reina Mejía until a permanent replacement is named, the development bank said in a statement. The board of governors voted to oust Claver-Carone on Monday, two years into his five-year term, after the bank's executive board voted unanimously to remove him following a probe into allegations he had an affair with an assistant. Claver-Carone was nominated by for

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