(Bloomberg) -- Gabriel Yorio was named to a top post at Latin America’s main development bank following his departure from Mexico’s finance ministry last month.
Yorio will take over as vice president for finance and administration at the Inter-American Development Bank, according to people familiar with the decision by the bank’s board. They requested anonymity as the decision has not been announced yet.
Yorio was the second most senior official at Mexico’s finance ministry during the administration of former President Andres Manuel Lopez Obrador, whose term ended at the start of October.
He had been the main interlocutor with Wall Street investors during Lopez Obrador’s term, brokering a deal with bondholders after AMLO, as the president is known, canceled a partly built airport at the start of his administration. He worked on the issuance of sustainable bonds by the government and helped push pension and capital market reforms through Congress.
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