World Bank Names Familiar to Oversee Latin America Effort
May 1, 2014 by Avila Capital Markets, Inc.
The World Bank appointed the first Latin American in 30 years as the region’s vice president, charged with overseeing a portfolio of projects from Jamaica to Brazil that totals more than $30 billion.
Jorge Familiar, a Mexican national who served as executive director of the World Bank Group in Washington and chief executive officer of the Mexican state-owned lender Instituto del Fondo Nacional para el Consumo de los Trabajadores, replaces Hasan Tuluy as vice chairman for Latin America and the Caribbean, the World Bank said in a statement.
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