The Brookings Institution has named Latin America and economic policy expert Ernesto Talvi as director of the think tank’s Latin America Initiative. He will also serve as a senior fellow in the Foreign Policy and Global Economy and Development programs at Brookings.

“[Talvi's] intellect, experience, and reputation are world-class,” said Brookings President Strobe Talbott in a statement. “So is his understanding of public policy and sound governance. At CERES, he’s proved himself as an innovative institution-builder. He’ll bring superb leadership to our commitment to the hemisphere.”

“I fully share the values of the institution and thus am proud to be assuming leadership of its Latin America Initiative and contributing to Brookings’s expansion of its global reach,” Talvi said.

Talvi currently serves as the academic director of the Center for the Study of Economic and Social Affairs (CERES) in Montevideo, Uruguay. Between 2001 and 2011, Talvi was a special advisor to the Inter-American Development Bank’s (IDB) research department, focusing on global and regional macroeconomic and financial affairs. He served as the chief economist and head of research for the Central Bank of Uruguay, where he was in charge of the negotiations with the International Monetary Fund.

Talvi will begin his post July 1.