Structure and Management
The IIC’s shareholders are its 45 member countries, 26 of which are Latin American and Caribbean countries. Each member country appoints a governor, and the country’s voting power is proportional to the number of IIC shares it holds.
All the powers of the IIC are vested in its Board of Governors. The Board of Governors can delegate all its powers to the Board of Executive Directors, with the exception of those powers reserved exclusively for the Board of Governors in Section 2(c) of Article IV of the Agreement Establishing the Inter-American Investment Corporation and elsewhere.
The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, is the ex-officio chairman of the Board of Executive Directors of the IIC.
Starting November 1st 2015, Mr. James P. Scriven was appointed to General Manager of the Inter-American Investment Corporation (IIC) by its Board of Executive Directors, as part of the private sector consolidation efforts currently undergoing at the IDB Group. Mr. Scriven will oversee the implementation of the IIC’s expanded mandate under a renewed vision for private sector operations endorsed by shareholders.