lan Goldfajn was elected IDB president on November 20, 2022. Mr. Goldfajn served as director of the Western Hemisphere Department at the International Monetary Fund in 2022, where he helped countries implement IMF-supported programs to address an unprecedented array of challenges. Mr. Goldfajn previously served as governor of the Banco Central do Brasil (2016-2019) and deputy governor (2000-2003). He led the BCB in a period of unprecedented decline in inflation and interest rates in Brazil. He championed the structural “BC+“ agenda and oversaw changes that opened the door to new players in the financial services industry, spurred innovation and digitalization, and started developing the widespread fast-payment system, all of which bolstered efficiency and more inclusion in Brazil’s financial sector.