Gabriel Yorio Takes Office as Vice President of Finance at the IDB

The former Undersecretary of Finance and Public Credit, Gabriel Yorio, has embarked on a new direction in his career by joining the Inter-American Development Bank (IDB) as Vice President of Finance and Administration. The news was shared by Ilan Goldfajn, President of the IDB, through the social media platform X. Goldfajn highlighted that Yorio has a “extensive track record in financial matters and in leading large teams, both in public service in Mexico and in multilateral organizations.”

On September 27, elected President Claudia Sheinbaum confirmed Gabriel Yorio's departure from his position as Undersecretary of Finance, a role he began in 2019. Throughout his career, he has worked at the World Bank, the National Bank of Public Works and Services, and in the Finance Department of the Mexico City Government. He was also responsible for the Public Credit Unit and led the International Affairs Unit of the Ministry of Finance from December 2018 to August 2019. Internationally, since 2013, Yorio has served as a Public Sector Specialist at the World Bank, participating in over 20 projects aimed at optimizing public sector performance in more than 12 countries across various regions of the world. Previously, at the National Bank of Public Works and Services, S.N.C., he held positions as Deputy Director of Technical and Financial Assistance (2011 to 2013) and Credit and Financial Advisory Manager (2007 to 2011).

Gabriel Yorio's ascent at the IDB represents a valuable opportunity not only for him but also for Mexico on the international stage. His experience in the public sector and his ability to manage funding could be crucial in strengthening relationships and development projects in the region. It is vital that he leverages this platform to innovate in financial practices, which could significantly impact how resources are managed and how economic challenges are addressed in Latin America.