Inter-American Development Bank (IADB) President Enrique Iglesias may within weeks announce his plans to leave the regional lender he has led for 17 years, sources said on Monday.
Bank staff and outside analysts said Iglesias was looking to leave the bank by the end of 2005, before the end of his fourth five-year presidential term which expires in 2008.
Iglesias, 74, said last month he was considering opportunities outside the bank but declined to give details. IADB spokesman Santiago Real de Azua said on Monday that Iglesias has been approached about leading Madrid-based General Secretariat of the Ibero-American Summit seeking closer ties among Spain, Portugal and Latin America.
IADB is the leading multilateral lender in Latin America.
Kilde: www.worldbank.org
