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

Gustavo Osvaldo Béliz


Alternate

Marcos Daniel Vago

BOLIVIA

Governor

Branko Goran Marinkovic Jovicevic


Alternate

Oscar Miguel Ortiz Antelo

BRASIL

Governor

Roberto Fendt Junior


Alternate

Erivaldo Alfredo Gomes

PARAGUAY

Governor

Benigno López Benítez


Alternate

Carmen María Marín Rodríguez

URUGUAY

Governor

Azucena Arbeleche


Alternate

Alejandro Irastorza

BOARD OF GOVERNORS - EXECUTIVE PRESIDENT

Brazil

Roberto Fendt Junior