Jordan Schwartz (New Haven, Connecticut, US, 22 October 1965) is a senior executive in the field of multilateral financing for emerging economies. After 25 years at the World Bank, he is currently the Executive Vice President and Chief Operating Officer of the Inter-American Bank of Development (IDB) where he chairs the operations and policy committee, overseeing the quality functions, strategy, and risk management for all IDB operations.[1]
Jordan Schwartz | |
|---|---|
 | |
| IDB Executive Vice President and chief operating officer | |
| Assumed office 1 June 2023 | |
| Preceded by | Reina Irene Mejía |
| World Bank Country Director for Argentina, Paraguay and Uruguay | |
| In office 1 August 2019 – 2 February 2023 | |
| Preceded by | Jesko Hentschel |
| Succeeded by | Marianne Fay |
| Personal details | |
| Born | 23 October 1965 Connecticut, United States |
| Education | Georgetown University (MSc) Tufts University (BA) |
In 2023, the IDB Group (composed of IDB, which works with governments; IDB Invest[2], the private sector arm; and IDB Lab[3], the innovation and venture capital arm) financed and mobilized nearly $24.3 billion.[4] The IDB Group is the main source of financing for sustainable and inclusive development in Latin America and the Caribbean.
Education edit
Jordan Schwartz received a Master of Science degree from Georgetown University's School of Foreign Service in Washington, DC.[5] He graduated magna cum laude with a bachelor's degree in International Relations from University of Tufts of Boston, Massachusetts.
Career edit
Jordan Schwartz has worked in the field of economic development since 1991, focusing on infrastructure finance and regulation, sustainability, and the role of the private sector. He has held senior positions at the Inter-American Bank of Development and the World Bank, as well as in commercial consulting, and has worked across Latin America and the Caribbean, East Asia The Pacific, and Central Europe.[6]
He was the World Bank’s Country Director for Argentina, Paraguay and Uruguay from 2019 and 2023, growing the World Bank's program of support to the Southern Cone during a prolonged economic, financial and health crisis. During this period, his teams provided the World Bank’s first major financing for COVID response and mRNA vaccines in the region,[7] and secured financing for the completion of the Matanza-Riachuelo Wastewater Treatment System in Argentina, the largest sanitation investment program in LAC.[8]
Prior to this role, he was the World Bank's Director for Infrastructure Finance, Public-Private Partnerships & Guarantees (2017–2019), helping to diversify the use of guarantees across infrastructure sectors. He was the Director of the Infrastructure & Urban Development Hub in Singapore (2015–2017), and designed and led the Global Infrastructure Facility, the world's largest project preparation facility for private, sustainable projects.[9]
Other activities edit
In the private sector, Jordan Schwartz held senior positions: at Deloitte Touche where he was Senior Manager for Infrastructure and Utilities (1995–1998), and at Booz Allen Hamilton as a utility and transportation management consultant (1991–95).[10]
Publications edit
Along with economists Luis Andrés and José Luis Guasch, Jordan Schwartz is co-author of the book Uncovering the Drivers of Utility Performance: The Role of the Private Sector, Regulation, and Governance in the Power, Water, and Telecommunication Sectors, as well as several articles focusing on the relationship between risk and investment.[11][12]
References edit
- ^ "BID | Jordan Schwartz". www.iadb.org. Retrieved 2024-04-19.
- ^ "Inicio | BID Invest". idbinvest.org. Retrieved 2024-04-19.
- ^ "Inicio | IDB Lab". bidlab.org. Retrieved 2024-04-19.
- ^ "Inter-American Development Bank Annual Report 2023: The Year in Review | Publications" (PDF). publications.iadb.org. Retrieved 2024-05-03.
- ^ "Prominent Alumni". SFS – School of Foreign Service – Georgetown University. Retrieved 2023-12-18.
- ^ "Jordan Schwartz, Former World Bank Country Director for Argentina, Paraguay and Uruguay". World Bank. Retrieved 2023-12-18.
- ^ "World Bank Group's Operational Response to COVID-19 (coronavirus) – Projects List". The World Bank. 2021-10-01. Retrieved 2023-12-18.
- ^ Kanenguiser, Por Martín (2021-03-13). "El Banco Mundial sugirió que el Gobierno promueva el empleo, la infraestructura y la estabilidad económica". infobae (in European Spanish). Retrieved 2023-12-18.
- ^ "Jordan Schwartz – Biography". www.iadb.org. Retrieved 2023-12-18.
- ^ "BID | IDB Announces New Executive Vice President and Two Vice Presidents". www.iadb.org. Retrieved 2023-12-18.
- ^ Andrés, Luis A.; Schwartz, Jordan; Guasch, J. Luis (2013-07-03). Uncovering the Drivers of Utility Performance: Lessons from Latin America and the Caribbean on the Role of the Private Sector, Regulation, and Governance in the Power, Water, and Telecommunication Sectors. World Bank Publications. ISBN 978-0-8213-9660-5. Retrieved 2023-12-18.
- ^ "Jordan Z. Schwartz | Incoming Director for Eastern Europe". blogs.worldbank.org. 2019-05-16. Retrieved 2023-12-18.