Julio Velarde with Susan Segal in Washington

(L-R): Citi's Shawn F. Sullivan, AS/COA's Susan Segal, Peru's Central Bank President Julio Velarde, Citigroup's Jay Collins, and AS/COA's Kevin Sullivan. (Photo: Mark Finkenstaedt)

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COA Hosts Finance Leaders on the Sidelines of the 2026 World Bank and IMF Spring Meetings

Peruvian Central Banker Julio Velarde was honored and top officials from Brazil and Honduras visited our Washington Office to meet with COA members.

On the sidelines of the 2026 Annual Spring Meetings of the World Bank and the International Monetary Fund (IMF), held from April 13 to 18, Council of the Americas (COA) hosted Latin American finance ministers and central bank heads at our Washington Office. COA also honored Julio Velarde for his two decades as the head of Peru's Central Bank.

In private meetings with COA members throughout the week, top officials from Brazil and Honduras offered their perspectives on the financial prospects of their respective countries. The IMF's update to its World Economic Outlook, released on April 14, forecasts 2.3 percent GDP growth for Latin America and the Caribbean in 2026. 

"This week's exchanges offer a valuable opportunity for policymakers to share with our members how they are maintaining fiscal and macroeconomic frameworks while advancing policies that support a stable and attractive investment environment," said Kevin Sullivan, vice president of AS/COA and head of COA's Washington Office. "At a time of rapid change and heightened challenges, these direct dialogues between public-and private-sector leaders are more important than ever in building confidence and fostering the conditions needed to drive sustained growth across the region."

Julio Velarde, President of the Central Reserve Bank, Peru

On April 15, COA, alongside Citi, honored Peruvian Central Bank President Julio Velarde for his tenure at the helm of the institution.

"For twenty years, Julio Velarde has been a constant in a world of change, guiding Peru’s economy with a steady hand, sound judgment, and an unwavering commitment to stability. Over that time, Peru has experienced periods of global volatility, regional uncertainty, and domestic challenges. Through it all, his leadership has helped anchor confidence in the country’s economic future," said Susan Segal, president and CEO of AS/COA at the reception held in Washington.

Julio Velarde speaks at Aprili 15 reception

Velarde. (Photo: Mark Finkenstaedt)

Roberto Lagos Mondragón, Central Bank President, Honduras

Honduras' Central Bank President Roberto Lagos spoke with COA members on April 13 about his country's macroeconomic outlook. 

Accompanied by a delegation that included Julieta Suazo Franco, commissioner of the National Banking and Insurance Commission, Lagos detailed the Honduran government's engagement with IMF programs, efforts to stabilize the currency, and strategies to attract foreign direct investment.

Honduran Central Bank President Roberto Lagos at COA's Washington Office, April 2026

Lagos in the center. (Photo: Mark Finkenstaedt)

Daniel Cardoso Leal, Treasury Secretary, Brazil

On April 14, Brazil's Treasury Secretary Daniel Cardoso Leal participated in a private meeting at our Washington Office, providing an overview of the government's current fiscal and monetary measures, as well as its economic achievements.

In this productive exchange with COA members from a variety of sectors, Leal also discussed tax reform, external debt, elections, and the impact of the conflict in Iran on Brazil’s economy, among other topics.

Brazil Treasury Secretary Leal_COA Washington_April 2026

Cardoso Leal. (Photo: Mark Finkenstaedt)

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