The Commission for the Evaluation of Candidates for International Financial Institutions (IFIs) has selected candidates to fill the positions that correspond to Spain in the World Bank (WB), the International Monetary Fund (IMF) and the European Bank for Reconstruction and Development (EBRD). These are organizations of high importance in the international sphere, which require a high qualification to exercise the representation of the countries and are governed by the rotation agreements. For the selection of candidates, the suitability criteria and the history of public service are used, as well as the experience in the corresponding subjects.
In the case of the World Bank, the position to be filled is that of Executive Director for the period between November 1 of this year and October 31, 2018. Spain now begins its turn in the chair it shares with Mexico, Venezuela and five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua). The proposed candidate is José Manuel Soria (Las Palmas de Gran Canaria, 1958), Bachelor of Economic and Business Sciences and Commercial Technician and Economist of the State. The deadline for submitting applications ends today and his nomination, along with the other 24 executive directors proposed by the rest of the countries, will be voted by the 189 Governors of the World Bank.
José Manuel Soria has extensive experience especially in Public Administration, but also in the teaching field and in the private sector. As a senior State official, he has been Minister of Industry, Energy and Tourism during the X Legislature and has held various positions of responsibility in the Ministry of Economy, especially in the area of Foreign Trade. He has also been a professor of Macroeconomics and International Economics. In the political sphere, he has also been Minister, Mayor of Las Palmas and Vice President and Minister of Finance of the Government of the Canary Islands.
The Evaluation Commission has also selected Fernando Jiménez Latorre (Madrid, 1957) as alternate director in the International Monetary Fund (IMF). Jiménez Latorre currently holds the position of IMF Executive Director, within the rotating chair that Spain shares with Colombia, Costa Rica, Salvador, Guatemala, Honduras, Mexico and Venezuela. The mandate is for two years and begins in November 2016. Jiménez Latorre is also a Bachelor of Economic and Business Sciences and Commercial Technician and Economist of the State. He has developed most of his professional career in Public Administration. Until his departure to the IMF two years ago he was Secretary of State for Economy and Business Support.
The third of the positions filled is the alternate director of the European Bank for Reconstruction and Development, for which Pablo Gasós y Casao has been selected (Zaragoza, 1961). The mandate is for three years extendable and the planned incorporation is on October 1. Gasós y Casao is also a Bachelor in Economic Sciences and Commercial Technician and State Economist. He currently holds the position of Director of Studies and Statistics in the National Securities Market Commission (CNMV).
The Evaluation Commission is chaired by the Ministry of Economy and Business Support and is also part of the Ministry of Commerce, the General Secretariat of the Treasury, the General Directorate of Macroeconomic Analysis and International Economics and the General Directorate of Economic Policy. The decision on the candidates is reflected in a resolution of the Secretary of State for the Economy that is sent to the corresponding bodies.