Luis_Alberto_Moreno

Luis Alberto Moreno

Luis Alberto Moreno

Colombian businessman and former diplomat

In this Spanish name, the first or paternal surname is Moreno and the second or maternal family name is Mejía.

Luis Alberto Moreno Mejía (born 3 May 1953) is a Colombian businessman and former diplomat who served as President of the Inter-American Development Bank (IADB) from 2005 to 2020.[1] He was also Colombia's Ambassador to the United States under President Andrés Pastrana Arango from 1998 to 2005, and is the former President of the Instituto de Fomento Industrial. He currently serves as a member of the Board of Trustees at the World Economic Forum (WEF) since 2011.

Quick Facts President of the Inter-American Development Bank, Preceded by ...

Early life and education

Moreno was born in Philadelphia to a Colombian father who at the time was attending medical school at the University of Pennsylvania.[2] He was raised in Bogota, where he studied at Colegio San Carlos and returned to the United States to attend college. He obtained bachelor's degrees in Business Administration and Economics from Florida Atlantic University in 1975 and an MBA from the Thunderbird School of Global Management (now part of Arizona State University) in 1977.[3]

Career

Early career

Moreno was Executive Producer of "TV Hoy", an award-winning news program, from January 1982 to September 1990. For his distinguished work in the field of journalism, he was awarded a Nieman Fellowship by Harvard University.[3]

Government

During the administration of Colombian President César Gaviria, Moreno worked in several cabinet positions. Moreno was the President of the Instituto de Fomento Industrial (IFI) which was a holding company for many of the largest state-owned enterprises. While at IFI, he pushed for a large privatization plan in the country.[4] He was later appointed Minister of Economic Development.[5]

In 1998, Moreno was named Colombia's Ambassador to the United States by newly elected president Andrés Pastrana Arango.[2] He was the ambassador for seven years and oversaw a dramatic improvement in Colombian-U.S. relations. He helped build bipartisan support in the United States Congress for passage of more than US$4 billion in U.S. assistance programs for Colombia.[2] He also worked on a free trade accord between Colombia and the United States.[2]

Moreno meets with U.S. Secretary of State Michael R. Pompeo at the Department of State in Washington, D.C., November 4, 2019.

Inter-American Development Bank

In 2005, Moreno was nominated for president of the IDB by the administration of President Álvaro Uribe. He took office in October that same year. He was re-elected in 2010 and again in 2015.[6][7] Milestones during Moreno's tenure include: the approval in 2007 of $4.4 billion in debt relief for Bolivia, Guyana, Haiti, Honduras and Nicaragua, the most heavily indebted member countries; the approval in 2010 of the Ninth General Capital Increase, the largest expansion of resources in the Bank’s history; the merging and expansion in 2016 of the Group’s private-sector operations under IDB Invest; the replenishment in 2017 of IDB Lab with historic contributions from Latin American and Caribbean countries; the launch in 2019 of a special grant facility to help countries integrate migrants into local communities and contribute to their development; and the institution-wide response in 2020 to the coronavirus pandemic.[8]

Later career

In early 2021, Moreno was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response, co-chaired by Ngozi Okonjo-Iweala, Tharman Shanmugaratnam and Lawrence Summers.[9]

Other activities

Recognition

In 2017, Moreno received the Distinguished Leadership Award for Social Equity from the Inter-American Dialogue.[16]

Personal life

Moreno is married to María Gabriela Sigala, a Venezuelan philanthropist. He has two children, Nicolas and Natalia.[17]

References

Wikimedia Commons has media related to Luis Alberto Moreno.
  1. [1]
    "ELECTION OF THE IDB PRESIDENT | IADB". www.iadb.org. Retrieved 2020-10-05.
  2. [2]
    Shenon, Philip (2000-01-17). "Public Lives: With Roses, an Ambassador Polishes Colombia's Image". The New York Times. Retrieved 2013-04-08.
  3. [3]
    Carlos, Famoso (5 March 2004). "El Correo de Dioselina para Colombia : Luis Alberto Moreno". El Correo (in Spanish).
  4. [4]
    "Luis Alberto Moreno". La Si A Vacia (in Spanish). 13 July 2016.
  5. [5]
    "Ambassador Pinzón Welcomes Re-election of IDB President Moreno to Third Term". Embassy of Colombia. 14 September 2015. Archived from the original on 23 April 2019. Retrieved 23 April 2019.
  6. [6]
    Mungcal, Ivy (7 July 2010). "Luis Alberto Moreno Re-elected as IDB President". devex.
  7. [7]
    "Observatory on Latin American Politics: Future Challenges with Luis Alberto Moreno". ie School of Global and Public Affairs. 22 May 2018.
  8. [8]
    "15 Years of Improving Lives in Latin America & the Caribbean". 15 Years of Improving Lives in Latin America & the Caribbean. Retrieved 2020-10-05.
  9. [9]
    Ministry of Economy and FinanceThe G20 establishes a High Level Independent Panel on financing the Global Commons for Pandemic Preparedness and Response Ministry of Economy and Finance, press release of January 27, 2021.
  10. [10]
    Board of Directors Center for Global Development (CGD).
  11. [11]
    Board of Directors Clinton Health Access Initiative (CHAI).
  12. [12]
    Kate Kelland (January 20, 2017), Exclusive: Malaria champions see Trump uncertainty at crucial time Reuters.
  13. [13]
    Members End Malaria Council.
  14. [14]
    Luis Alberto Moreno International Olympic Committee (IOC).
  15. [15]
    World Economic Forum Appoints New Members to Board of Trustees World Economic Forum (WEF), press release of August 20, 2019.
  16. [16]
    "III Leadership for the Americas Awards Gala". The Dialogue. Retrieved 2019-11-20.
  17. [17]
    "Election of the Idb President | Iadb". IADB.
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