| LOS ANGELES, CA – Hispanic Heritage Foundation Chairman Emanuel Pleitez will host Inter-American Development Bank (IDB) U.S. Executive Director Gustavo Arnavat for a roundtable discussion with Latino business and community leaders in Los Angeles to discuss the work of the IDB as the largest source of multilateral funding in Latin America and the Caribbean. In addition, the discussion will focus on the general role of the United States at IDB, opportunities available to U.S. companies in the IDB’s operations throughout Latin America and the Caribbean, as well as the importance of engaging Hispanics in America with the work of the IDB and Latin America overall. “I am excited to engage Los Angeles business and community leaders to discuss how the work of the Inter-American Bank in Latin America and the Caribbean also promotes economic growth and job creation in California," said Director Arnavat. Arnavat represents the United States on the Board of Executive Directors of the IDB, which is responsible for day-to-day oversight of the IDB's management, credit decisions and operations, including the approval of all loans, grants, and technical assistance programs, as well as bank policies. He recently led negotiations within the IDB's Board that succeeded in securing the largest capital increase in the Bank's history, resulting in a near doubling of the IDB's annual lending capacity and adoption of fundamental operation and financial management reforms. “Director Arnavat recognizes the importance of utilizing the natural familial and cultural ties between the U.S. and Latin American to better develop our region,” said Pleitez who is a Los Angeles native, has experience at Goldman Sachs, McKinsey, & Company, the U.S. Department of the Treasury and is currently the Chief Strategy Officer at Spokeo, a leading people search engine. About the Hispanic Heritage Foundation Established in 1987 by the White House, the Hispanic Heritage Foundation (HHF) is a 501c3, national nonprofit which inspires, identifies, prepares and positions Latino leaders in the classroom, community and workforce to meet America’s priorities. HHF also provides Latinos in America with role models, cultural pride and a promising future through public awareness campaigns and special events. What distinguishes HHF from other organizations is a focus on helping “a Latino to help hundreds more." Visit www.HispanicHeritage.org and follow HHF on twitter @HHFoundation for more information. And join LOFTnetwork.org for an online community of more than 75,000 students and young professionals who are part of the Latinos On Fast Track (LOFT) leadership and workforce development program. |
