Inter-American Development Bank – GC Powerlist
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United States - LATAM Specialist Teams 2019

Inter-American Development Bank

| Inter-American Development Bank

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United States - LATAM Specialist Teams 2019

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Inter-American Development Bank

| Inter-American Development Bank

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Inter-American Development Bank (IDB) is one of the largest sources of development financing for Latin America and the Caribbean and is owned by 48 sovereign states from Latin America, the Caribbean, Europe, North America and Asia. The Bank is tasked with providing loans grants and other related assistance to several initiatives targeted at reducing poverty and improving access to health and education in the region. Supporting these projects, the firm’s in-house legal department advises the IDB president and management, as well as the board of governors and the board of executive directors on all legal matters relating to the Bank, assisting on matters involving litigation, arbitration, and other ad hoc legal or administrative proceedings. Divided into the corporate legal affairs division and the sovereign guaranteed operations division, the legal team is split in order to handle complex legal matters most effectively with their specialist areas. General counsel and general manager of the legal department, John Scott has been with the bank since 1985 and was appointed into his current role in August 2015, where he has since led the legal department to advise the bank’s board of governors, board of executive directors and senior management on all legal aspects of the bank’s activities. In April 2018, the legal team worked on IDB launching a US$2.8bn, 10 year fixed-rate global bond, completing a US$17.1bn of an estimated US$19.5bn funding programme for 2018.

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