Plan Colombia architect becomes new IDB president

Colombian Ambassador to the U.S., Luis Alberto Moreno, was elected as the new president of the International Development Bank last week. COHA comments that Moreno was "a principal architect of Plan Colombia."

The COHA piece notes that the Bank is in the midst of attempts to reform itself, the need for which was dramatized by:
an incident in 2002, when an IDB official attempted suicide in his office at the bank’s Washington D.C. headquarters. Despondent over having been demoted and both physically and psychologically ostracized by the bank’s senior officers in retaliation for his complaints of improprieties he had witnessed in the institution, the ill-fated official slashed his wrists and throat. On the wall he had scrawled with his own blood, “The bank is corrupt.”