Reuben “Ray” Sternfeld, 89, the executive vice president of the Inter-American Development Bank from 1974 to 1981 and then the bank’s special representative in Europe until 1987, died May 2 at a hospital in Washington. He had Parkinson’s disease, said a nephew, Richard Neiman.
Mr. Sternfeld was born in the Bronx and raised in Baltimore. Early in his career, he worked at the State Department and headed a presidential task force on foreign economic assistance, which helped pass an act that created the U.S. Agency for International Development in 1961. He was the deputy administrator for the Alliance for Progress, an international economic development program, before joining the IADB as a U.S. executive director in 1966. He was a Washington resident.