External Member(s) of Sanctions Committee

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  • Added Date: Wednesday, 13 November 2024
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Post of duty: Washington D.C.

The IDB is the largest source of multilateral financing in Latin America and the Caribbean. We are a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About the Sanctions Committee

The Sanctions Committee (the โ€œCommitteeโ€) considers allegations of corrupt, fraudulent, coercive, collusive, obstructive practices, and misappropriation (โ€œProhibited Practicesโ€) in activities financed by the Inter-American Development Bank (โ€œIDBโ€), the Inter-American Investment Corporation (โ€œIDB Investโ€), and the Multilateral Investment Fund (โ€œIDB Labโ€), collectively referred as the โ€œIDB Groupโ€. The IDB Group requires that all parties executing, bidding for, or in any way participating in an IDB Group project adhere to the highest ethical standards as defined in the applicable policies and the terms and conditions of the corresponding agreements.

The IDB Group bans such Prohibited Practices on the part of parties involved in its projects and activities.

Four (4) of the seven (7) members of the Sanctions Committee are appointed from outside of the IDB Group (โ€œExternal Membersโ€) and must not currently hold any appointment as an employee of the IDB Group (including consultants and other professionals subject to similar contracts with the IDB Group).

The work of the members of the Sanctions Committee is coordinated administratively by the Executive Secretary of the Sanctions Committee.

Main Responsibilities of the Sanctions Committee:

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