The Board of Governors is the highest authority of the Development Bank and is composed of five Head Governors and five Alternate Governors appointed by the Member Countries.
The Board of Governors ordinarily meets once a year or holds extraordinary meetings based on the matter submitted for consideration.
The Board determines the allocation of FONPLATA’s profits and approves the Annual Report and the duly audited financial statements. In addition, it appoints the Executive President pursuant to the provisions of the Articles of Agreement, appoints the external auditors and deals with any other matter expressly submitted to the board.
ARGENTINA |
Governor |
Luis Andrés Caputo |
Alternate |
Pablo Quirno Magrane | |
BOLIVIA |
Governor |
Sergio Armando Cusicanqui Loayza |
Alternate |
Marcelo Alejandro Montenegro Gómez García | |
BRAZIL |
Governor |
Renata Amaral |
Alternate |
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PARAGUAY |
Governor |
Carlos Fernández Valdovinos |
Alternate |
Carlos Javier Charotti | |
URUGUAY |
Governor |
Azucena Arbeleche |
Alternate |
Alejandro Irastorza | |
BOARD OF GOVERNORS - EXECUTIVE PRESIDENT |
Bolivia | Sergio Armando Cusicanqui Loayza |