The choice of Mr. Claver-Carone, 44, a Cuban-American who served on Mr. Trump’s transition team, comes as the Trump administration has sought to reassert the influence of the United States in Latin America and keep China in check in the region.
“The I.D.B. is at a critical juncture as the region faces growing challenges to economic growth and sustainable development, particularly in light of the global pandemic,” Mr. Mnuchin said in a statement. “The nomination of Mr. Claver-Carone demonstrates President Trump’s strong commitment to U.S. leadership in important regional institutions, and to advancing prosperity and security in the Western Hemisphere.”
Since the bank’s creation in 1959, there have been only four presidents, all of whom came from Latin America.
The Treasury Department did not immediately respond to a request to interview Mr. Claver-Carone, but he told The Associated Press on Tuesday that he would serve only a single five-year term and said that the stagnancy of the bank’s leadership was problematic.
“One tradition people don’t talk about is that for 60 years there have been only four presidents,” he said. “These 15-, 20-year presidencies have to end.”