Carl Muñana


Former CEO, Inter-American Investment Corporation (IIC)


Mr. Muñana has dedicated most of his professional life to international investment banking, social impact investing and development finance. Most recently he served as the General Manager and CEO of the Inter-American Investment Corporation, the multilateral private sector investment banking affiliate of the Inter-American Development Bank in Washington, DC.


In his early career Carl rose to Managing Director at J.P. Morgan & Co. where his responsibilities included being Head of Investment Banking for Mexico, Global Head of the Commitments Office and Senior Risk Officer for Latin America. He capped his 17 years at Morgan by designing an innovative social investment strategy for the firm.


His second career focused on the challenges and innovations in the fields of social and development finance. This included acting as an investor, strategy consultant, and board member to companies, foundations and academia primarily in Europe, the United States and Latin America.


He has helped establish and served on several international corporate and not-for-profit boards, including Voxiva Inc., the Microvest Funds and the Spanish affiliate of Ashoka. As a co-founder of the Beeck Center he was deeply involved in the design of its objectives and strategy.


Carl earned his Bachelor’s degree at the University of Notre Dame and his MBA at the Kellogg School of Management at Northwestern University. Between degrees he served in the United States Peace Corps as a volunteer in Sierra Leone, West Africa.