Q&A: Allow employees to make mistakes

WASHINGTON — Santiago Levy wants the Inter-American Development Bank to be the best development institution in Latin America and the Caribbean, and fostering top talent is a big part of that plan.

The now-retired vice president of sectors and knowledge served 10 years at the bank. Levy said he stressed the importance of treating people with respect and honesty to create a work environment in which people work their hardest.

He sees a promising future at IDB for young people at the top of their fields who want to make a difference in the region. Levy said it is just as important to have someone who’s just finished their doctorate. — who knows the latest econometric techniques — as it is to have someone with decades of experience — who knows the institutional context and needs of a particular country.

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