Bernardo J. Rico

Bernardo J. Rico
Deputy Assistant Administrator

Bernardo J. Rico serves as Deputy Assistant Administrator within USAID's Bureau for Latin America and the Caribbean (LAC). After joining USAID in December 2018 and until June 2019, Mr. Rico led the LAC Bureau’s response to the crisis in Venezuela. Mr. Rico now leads the Bureau's strategic approach to alternative development, citizen security, the rule of law, and private sector engagement including the relationships with multilateral financial institutions. Mr. Rico has more than twenty-five years of experience, including banking, private sector development, Latin America drug and security policy, and strategy. Through his banking experience in Latin America, Eastern Europe, and Asia, Mr. Rico has helped to invest more than $2 billion across industries.

Prior to joining USAID, Mr. Rico was a Senior Latin America Strategist for the International Finance Corporation (IFC) of the World Bank. While at the IFC, he established offices in Central America and served as IFC Country Head for Guatemala, El Salvador, and Costa Rica. In Central America, he worked with business and government leaders to develop industries, mainly by providing access to financing. Mr. Rico also served as a guest columnist for elPeriódico and Plaza Pública in Guatemala, writing on economic and development policy. Mr. Rico began his work at the IFC in Washington, D.C., where he raised financing for telecommunications projects in Eastern Europe, Asia, and Latin America. Prior to the IFC, he was a banker in New York focused on Latin America, most recently as a Vice President at Deutsche Bank.

Mr. Rico holds an MA in International Economics and Latin American Studies from Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies and a BS in Business Administration from Indiana University. From 1991-1993, he served in the United States Peace Corps in Guatemala as a small business development volunteer. He is fluent in Spanish and proficient in Portuguese.

Last updated: September 26, 2019

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