The Caribbean will have every interest in keenly monitoring developments at the very apex of the Inter-American Development Bank (IDB) following the recent decision by its Board of Governors to remove its President Mauricio Claver-Carone from his position in the wake of an ethics scandal relating to a relationship he shared with another bank employee.
Coming as it did a full three years before his term of office is due to come to an end, interest, from a Caribbean perspective, now focuses on who will eventually succeed Claver-Carone. From Monday, September 26, Executive Vice President Reina Irene Mejia Chacon, a Honduran citizen, will serve as interim president as decided by the board.