IDB Names Hurtado

The Inter-American Development Bank (IDB) has named Carlos Hurtado, former deputy finance minister of Mexico, as the new vice-president of finance and administration at the Bank. Last month, Hurtado was rejected as a new Central Bank board member after being nominated by President Felipe Calderón. According to the IDB, Hurtado will have responsibility for several departments, including budget, administration and corporate acquisitions, finance, human resources, technology and information and legal advice.