The Board of Governors is the highest authority of the Development Bank and is composed of five Head Governors and five Alternate Governors appointed by the Member Countries.
The Board of Governors ordinarily meets once a year or holds extraordinary meetings based on the matter submitted for consideration.
The Board determines the allocation of FONPLATA’s profits and approves the Annual Report and the duly audited financial statements. In addition, it appoints the Executive President pursuant to the provisions of the Articles of Agreement, appoints the external auditors and deals with any other matter expressly submitted to the board.
ARGENTINA | Governor | Sergio Tomás Massa |
Alternate | ||
BOLIVIA | Governor | Sergio Armando Cusicanqui Loayza |
Alternate | Marcelo Alejandro Montenegro Gómez García | |
BRAZIL | Governor | Lucas Pedreira do Couto Ferraz |
Alternate | Marco Aurélio dos Santos Rocha | |
PARAGUAY | Governor | Óscar Llamosas Díaz |
Alternate | Iván Johnnatan Haas Rivas | |
URUGUAY | Governor | Azucena Arbeleche |
Alternate | Alejandro Irastorza | |
BOARD OF GOVERNORS - EXECUTIVE PRESIDENT | Uruguay | Azucena Arbeleche |