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National Hispanic Heritage Month


Hector E. Morales, Jr.,
Acting Executive Director of U.S. Inter-American Development Bank

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Hector E. Morales, Jr. was nominated to be Alternate Executive Director of the United States to the Inter-American Development Bank by President Bush on September 3, 2003 and confirmed by the Senate on December 9, 2003. He has more than fourteen years of experience in U.S./Latin American commerce, both as a businessman and a lawyer.

Prior to his position at the IDB, Mr. Morales served as consultant to companies focused providing financial services to the Latin American and U.S. Hispanic markets, including the world’s leading microlender to Latin America and a community development bank based in New York. He was formerly Senior Vice President of Viamericas Corporation, a path-breaking company that offered the first pre-paid money transfer card in the U.S. to Latin America remittance market. At Viamericas, Mr. Morales was responsible for strategic planning as well as sales, marketing, and distribution.

Between 1997 and 2000, Mr. Morales spent four years in Argentina as President and General Manager of Reliant Energy Argentina. He joined Reliant Energy, a publicly traded company based in Houston, in 1993 as an attorney in the international law department. In 1995, he became Director of Project Development for Latin America and the Caribbean. Before joining Reliant, Mr. Morales was in private practice as a business lawyer at Graves, Dougherty, Hearon & Moody in Austin, Texas and Crain, Caton & James in Houston, Texas. Mr. Morales received his JD from the University of Texas School of Law and his BA in history from Columbia College in New York City.