Luis Alberto Moreno assumed the presidency of the Inter-American Development Bank (IDB) in October 2005. As President of the Bank, Moreno also chairs the Board of Executive Directors of the Inter-American Investment Corporation (IIC) and the Donors’ Committee of the Multilateral Investment Fund (MIF), both institutions of the IDB Group.
Among the principal achievements under President Moreno’s leadership of the IDB is the Ninth General Capital Increase, the largest expansion of resources in the institution’s history. Since coming to the Bank, Moreno has pursued an ambitious agenda of reforms to modernize internal administration and project management with emphasis on the evaluation of results. The IDB has also multiplied its strategic partnerships with public and private entities, in order to leverage its resources and achieve greater development impact.
Before joining the Bank, Moreno served as Colombia’s Ambassador to the United States for seven years. Diplomatic relations between Washington and Bogotá strengthened notably during his tenure, leading to substantial bilateral assistance programs that supported a major transformation in security and economic development in Colombia.
In his country, Moreno had a distinguished career in the public and private sectors. He served as Minister of Economic Development, President of the Instituto de Fomento Industrial, and manager of social investment policies, including the housing strategy for low-income families. In the private sector, he advised major Colombian companies and foreign investors, and was executive producer of a leading television news program.
Moreno has received numerous distinctions awarded by governments and private entities, including Colombia’s highest honor, the Grand Cross of the Order of Boyacá and the Clinton Global Citizen Award for Leadership in Public Service.
Moreno holds a degree in Business Administration and Economics from Florida Atlantic University in 1975, and an MBA from the Thunderbird School of Global Management in 1977. For his achievements in the field of journalism, in 1990 Harvard University awarded him a Neiman Fellowship to pursue specialized studies and research at that institution.