The Chapter was founded en 2002, thanks to an initiative undertaken by Patricio del Valle (Buenos Aires, Argentina) chairman of Cacit Group.  Due to the Argentina crisis, Isaac Dyner (U. Nacional de Colombia) acted as Chapter President.  The first line of activities was to start a Latinamerican conference, from 2003 on - held in Monterrey (Mexico), Talca (Chile) and Cartagena (Colombia).  Since 2004, the chapter has a quarterly on-line newsletter called sisTEMAS (dinamicasistemas.utalca.cl/sisTEMAS/sisTemas.htm).  In 2005, appeared the “Revista de Dinámica de Sistemas” which publishes 2 numbers per year (dinamicasistemas.utalca.cl/Revista/RDS_home.htm).  The chapter has a growing number of members from Colombia, Mexico, Venezuela, Argentina, Peru, Chile and particularly Spain, 23 of whom are formally members of the System Dynamics Society.  Currently, the Chapter is represented in the Policy Council by Gloria Pérez from “Instituto Tecnológico de Monterrey” (Mexico) and presided by Martin Schaffernicht from the “Universidad de Talca” (Chile).  Priorities are to strengthen the internal structure of the chapter so as to foster collaboration despite the geographical distance between members, and to develop the quality of work presented at the conference and in the review.  The official web-site is dinamica-sistemas.mty.itesm.mx.