Alexia Latortue has been appointed by the EBRD as Managing Director, Corporate Strategy.
EBRD said in a statement that Alexia Latortue will be part of the Bank’s leadership as a permanent member of the Executive Committee and have overall responsibility for formulating corporate strategy, including advising the President on strategic options for the Bank and developing the Bank’s core strategic documents. She will also manage relationships with other international financial institutions and lead on cross-departmental special initiatives.
EBRD President Sir Suma Chakrabarti said: “We are delighted that Ms Latortue will be working for our Bank in this very important role. Her wealth of knowledge and experience will inspire and further strengthen our team. We welcome her to the EBRD and look forward to working together for the benefit of our institution so that we can even better serve the countries where we invest.”
Alexia Latortue has 20 years’ experience in international development and financial systems development. Prior to joining the EBRD, she was the Principal Deputy Assistant Secretary for International Development Policy at the US Department of the Treasury.
She oversaw the United States of America’s participation in the multilateral development banks (MDBs), the G20 Development Working Group and the Paris Club as well as the US Treasury’s engagement in the development of the UN Sustainable Development Goals.
Ms Latortue has advised on strategies to advance inclusive growth and poverty reduction internationally and to modernise the effectiveness, efficiency, financial capacity and governance of MDBs. She also led the replenishment negotiations of the concessional windows of the World Bank, the Asian Development Bank and the African Development Bank.
Before her career at the US Treasury, Ms Latortue worked at the World Bank for 10 years where her last assignment was Deputy CEO of the Consultative Group to Assist the Poor (CGAP), a unit dedicated to advancing financial inclusion. Prior to that, Ms Latortue served in several development-related positions focused on financial inclusion, economic policy reform and private sector development.
A US citizen, Ms Latortue grew up in Puerto Rico, West Africa and Austria. She has lived and worked in France, Haiti and the US. Ms Latortue received an M.A. from the Fletcher School of Law and Diplomacy at Tufts University and a B.S. from Georgetown University.