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President Bush delivers remarks to Cabinet and Sub-Cabinet Members in the Ronald Reagan Building and International Trade Center in Washington, D.C. on Dec. 16, 2002.  White House photo by Paul Morse.
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Hector E. Morales -- Department of the Treasury
United States Director of the Inter-American Developmental Bank

Hector Morales Jr. was confirmed to be the United States Executive Director to the Inter-American Development Bank by President George W. Bush on December 9, 2004. Prior to his nomination he served as Alternate Executive Director, which began on December 19, 2003. He has more than fifteen 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 a consultant to companies focused on providing financial services to the Latin American and U.S. Hispanic markets, including the world's leading micro-lender 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 the Latin American 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 J.D. from the University of Texas School of Law and his B.A. in history from Columbia College in New York City.

Hector E. Morales
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