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The World Bank board of executive directors (archive) Global data and statistics, research and publications, and topics in poverty and development, The World Banks digital platform for live-streaming, Environmental and Social Policies for Projects, International Development Association (IDA), International Bank for Reconstruction and Development (IBRD), Multilateral Investment Guarantee Agency (MIGA), World Bank Appoints Dr. Sabine Bernab as Director-General, Evaluation, Selection of the President of the World Bank Group, The World Bank Accountability Mechanism Resolution, IFC/MIGA Independent Accountability Mechanism (CAO) Policy - English and Additional Languages, The World Bank Inspection Panel Resolution, IBRD/IFC/IDA Executive Directors & Alternates (pdf), Code of Conduct for Board Officials (pdf). hj0_H-[PrkY{; We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. The Board of the World Bank consists of 25 executive directors. Before being elected as the Bank's first President, he served as Secretary-General of the Multilateral Interim Secretariat tasked with establishing the Bank. Akihiko Nishio. The Executive Directors consider and decide on loan and credit proposals made by the President, and they decide policy issues that guide the general operations of the Bank. The Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, inclusive economic growth and job creation, climate change, and others. endstream endobj 5545 0 obj <>stream Environmental and Social Policies for Projects, International Development Association (IDA), The World Banks digital platform for live-streaming, IBRD/IFC/IDA Executive Directors & Alternates (pdf), Code of Conduct for Board Officials (pdf). This site uses cookies to optimize functionality and give you the best possible experience. 0ELD-H6*MEPj#vjxH. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. 0000001336 00000 n You have clicked on a link to a page that is not part of the beta version of the new worldbank.org. Vice President and World Bank Group Chief Risk Officer. Under the IDA Articles of Agreement and the IFC Articles of Agreement, the Executive Directors of IBRD serve, ex officio, as Executive Directors of IDA and as members of the Board of Directors of IFC. A quorum for any meeting of the Board shall be a majority of the Executive Directors, exercising not less than one-half the total voting power of the Board. THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS02) - World Bank /Rotate 0 /FontName /KJJAHM+Tahoma Lakshmi Shyam-Sunder. This site uses cookies to optimize functionality and give you the best possible experience. The Executive Director is supported by the Alternate Executive Director, Senior Advisors and Advisors, who review and provide advice on policies, strategies and projects presented for consideration and approval by the Executive Board. Thank you for participating in this survey! Phenomenal World. h24T0Pw/+Q04w,*.Q050 J$y&`^HeAiINf^j@ j The World Bank Group Boards of Directors refers to four separate Boards of Directors, namely the Board of the International Bank for Reconstruction and Development (IBRD), the International Development Agency (IDA), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The first is to represent the interests of these Constituency members at the Executive Board of the WBG and to liaise with the respective Governors on issues relevant to the entire constituency or to a particular member of the constituency. /Type /Font endstream endobj 5546 0 obj <>stream Each Board is responsible for the general operations of their respective organization. Under the IBRD Articles of Agreement, the Executive Directors are responsible for the conduct of the general operations of the Bank. /Linearized 1 The Board of Directors is made up of 25 Executive Directors, representing all member countries of the World Bank. /Prev 159986 The World Bank Group works in every major area of development. /FontFile2 37 0 R yF=60gB>9m10ZOvl{Jo-*v*u|O&^ qTmV)U 0000072154 00000 n Environment Analysis. PDF Annual Report 2021 Organizational Information - World Bank Executive Directors (or Alternates) fulfill a dual function, as officials of the Bank and as representatives of the member country or countries that appointed or elected them. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. /L 160724 hTKo0+#wJ&N; V#JQ[):X&A0 @ 2s6 mn?|)jM The Board of Directors performs its duties full time at the ADB headquarters in Manila, Philippines. Mr. /FontStretch /Normal Boards of Directors World Bank Apr 11, 2019 World Development Report 2019 Other meetings such as Board Committee meetings are held at various other times whenever required. /Length1 56880 There are 25 Executive Directors and 25 Alternate Executive Directors representing the 189 member countries. 1818 H Street, NW Washington, DC 20433 USA (202) 473-1000. These trust funds include: To view former Hightlights, go to "Events and Travel" tab. hYmo7+HzkPa@ij8H#CGD>QGy%C With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Vice President, World Bank Group External and Corporate Relations. The Polish-Swiss Constituency consists of. Executive Directors (or Alternates) fulfill a dual function, as officials of the Bank and as representatives of the member country or countries that appointed or elected them. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. If confirmed by the World Bank board of directors, Banga, 63, will be the first Indian-American to head either of the two top international financial institutions: the International Monetary Fund and the World Bank. Most of them live in low- and middle-income countries. Generally, the governors are member countries' ministers of finance or ministers of development. The position is usually held by the countrys minister of finance. The Boards of Directors (the Board) is made up of representatives of the Banks member countries that appoint them or elected them. PDF INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT 1 - World Bank /SA false The executive directors as individuals cannot exercise any power or commit or represent the Bank unless the boards specifically authorized them to do so. This site uses cookies to optimize functionality and give you the best possible experience. The current boards of the World Bank Group consist of 25 executive directors. f_}$'eq-54h0x*kj[.HPYswesHcnM+v/i?IF\s")s9 I(0?w,\Z Click here for more information. /StemV 92 The rules adopted for each regular election are approved in advance of the election by a majority vote of the Boards of Governors. Under theIBRD Articles of Agreement, the Executive Directors are responsible for the conduct of the general operations of the Bank. During the Spring Meetings and Annual Meetings, the Bank Information Center, in partnership with CIVICUS: World Alliance for Citizen Participation and its members, award an Executive Directors Office with the Open for Business Award. Read more on:Boards of Governors. #>tAY76#l'N2Ui8T[ HHEM6CcYQ Thankful to the Government of #Japan , and the Japan International Cooperation Agency An Emerging Client Consensus on World Bank Reform Efforts? Such interim elections are conducted either by mail vote or during an Annual Meeting that does not fall in a regular election year. IMF and World Bank decision-making and governance WASHINGTON, April 28, 2023The World Bank's Board of Executive Directors today approved a US$345 million loan that supports China's global public goods agenda by promoting the greening of agriculture and rural development in Hubei and Hunan provinces in central China.The program will reduce greenhouse gas (GHG) emissions from crop and livestock farming, increase carbon sequestration in . Four Joint Japan/World Bank Graduate Scholarship Program (JJWBGSP) recipients from Columbia University School of International and Public Affairs visited Mr. Takahiro Tsuda, Alternate Executive Director for Japan. _vqLkqH)KAjj%5''vF>{z,ux[aW8Q0qz)~hi6pIM.rijEf D/A} FqU-%&Z7=a'rSI[C=uM^#jG9;2=OET;{G5]o6ipx5kW]1&D/K0mJE+aZjs>'8oQ. ,n?#4J+ p >> The President is the presiding officer, and ordinarily has no vote except a deciding vote in case of an equally divided Board. Jointly with the other 24 Executive Directors, they oversee and govern the business of the World Bank Group. The Executive Directors are responsible for conducting the day-to-day business of the World Bank. bH#!}k}*E{$_Z{8Q3"B5/,9eGgGop_C*tDmVX6s7!=DcKK~\Z1h1-.(3-n2s7"D~ =3TnD7t^KlL4Y3KD{/C{}? Such interim elections are conducted either by mail vote or during an Annual Meeting that does not fall in a regular election year. It also provides technical assistance and policy advice and superviseson behalf of . .sT]I ;%)BD*]Au69HXgTe%"DbT|:+RV#(9"!/(;Jq{/HxQ.fE1qqf(9G(HTF:" >EJb!yXu/oR We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Regular elections of Executive Directors are held every two years at the time of the Annual Meetings. /OP false World Bank Group Leadership /Root 31 0 R Women have broken gender stereotypes and come forward to carve their own identity during the most difficult of times. /FontWeight 400 The government of Zimbabwe will "shortly conduct deeper and direct bilateral engagements with the capitals Washington DC, London and Brussels," Finance Minister Mthuli Ncube said in a presentation to IMF and World Bank executive directors. The bank is headquartered in Washington, D.C. in the United States.It provided around $98.83 billion in loans and assistance to "developing" and . The remaining five new executive directors - Richard Murray of Australia, Peter Gakunu of Kenya, Ge Huayong of China, Javier Silva-Rueta of Peru and Laurean Rutayisire of Rwanda - have all moved into their positions after serving as alternates for their constituencies. This paper examines the role of social protection (SP) in Small Island Developing States (SIDS), given their particular structural, human resource and capacity constraints. Pleased to meet with Minister Shunichi Suzuki of @MOF_Japan. World Bank Group's New Country Partnership Framework for Bangladesh The Ethics Committee has the authority to advise Board Officials or the President on matters related to conflict of interests, annual disclosures, or other ethical aspects of conduct in respect of Board Officials or the President, and to investigate alleged misconduct by Board Officials or the President. Japan is also one of the largest donors to trust funds that help the World Bank and its partners support the achievement of development results at global, regional and country levels. World Bank Executive Directors oversee the day-to-day operations of the World Bank, approving all lending operations, policies and strategies, and institutional budgets and audits. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. /op false Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Under the IBRD Articles of Agreement, each of the five members having the largest number of shares appoints an Executive Director, and the remaining members elect the other Executive Directors. The Code of Conduct provides that, as these officials are entrusted with responsibilities as prescribed in the Articles of Agreement, By-Laws, and related documents of the organizations, their personal and professional conduct must comply with the standards and procedures set forth in the Code of Conduct. World Bank - Wikipedia The President of the World Bank Group serves as Chairman of the Board. - World Bank 0000108174 00000 n /H [ 924 245 ] *h&hj\5X;4z]A7k(7YO14cgsJ7ir\r:[,o'yhWAW e Under theIDA Articles of Agreementand theIFC Articles of Agreement, the Executive Directors of IBRD serve, ex officio, as Executive Directors of IDA and as members of the Board of Directors of IFC. They revealed that some of the toughest discussions dealt with striking a balance between. World Bank Executive Directors Directory - Bank Information Center Pursuant to the Code of Conduct, the Board has established an Ethics Committee to address ethics matters concerning Board Officials in order to ensure sound governance pursuant to the Code of Conduct. >> EDS06: Afghanistan, Algeria, Ghana, Iran, Morocco, Pakistan, Tunisia, EDS07: Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Jamaica, Dominica, Grenada, Guyana, Ireland St Kitts and Nevis, St Lucia, St Vincent and the Grenadine, EDS08: Argentina, Bolivia, Chile, Paraguay, Peru, Uruguay, EDS09: Australia, Cambodia, Kiribati, Republic of Korea, Marshall Islands, Micronesia, New Zealand, Palau, Papua New Guinea, Samoa, Soloman Islands, Vanuatu, EDS10: Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Kosovo, Luxembourg, Slovak Republic, Slovenia, Turkey, EDS11: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Qatar, Syria, UAE, Yemen, EDS12: Bangladesh, Bhutan, India, Sri Lanka, EDS13: Benin, Burkina Faso, Cameroon, Cape Verde, CAR, Chad, Comoros, DRC, Republic of Congo, Cote d'Ivoire, Djibouti, Equitorial Guinea, Gabon, Guinea, Guinea-Bissau, Madagascar, Mali, Mauritius, Niger, Rwanda, Sao Tome and Principe, Senegal Togo, EDS14: Botswana, Burundi, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Seychelles, Sierra Leone, Somalia, Sudan, South Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe, EDS15: Brazil, Colombia, DR, Ecuador, Haiti, Panama, Philippines, Suriname, Trinidad and Tobago, EDS16: Fiji, Indonesia, Lao PDR, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, Vietnam, EDS18: Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Spain, Venezuela, EDS19: Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, FYRO Macedonia, Moldova, Montenegro, Netherlands, Romania, Ukraine, EDS20: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden, EDS21: Albania, Greece, Italy, Malta, Portugal, San Marino, Timor Leste, EDS24: Azerbaijan, Kyrgyz Republic, Poland, Serbia, Switzerland, Turkmenistan, Tajikistan, Uzbekistan. Vice President, Development Finance. h,A Read the World Banks plan to support African countries to strengthen the quantity, efficiency and impact of investments in people. EDS14 About - World Bank Mission, Strategic Plan, Program Areas, Services, Tools, Board of Directors, Financial Statements, Annual Reports, Budget, International Development Association (IDA). 19 April 2023 . /Type /Catalog 0000071840 00000 n Find out what the Bank Group's branches are doing in Sub-Saharan Africa. /FontDescriptor 36 0 R 0000000829 00000 n Development Projects Projects By Country By Sector By Theme Country Engagement The Executive Director represents Japan in the Executive Boards of the World Bank Group. Furthermore, Senior Advisors and Advisors assist the Executive Directors in their work, who can, along with the Alternates to Executive Directors, attend most Board meetings in an advisory capacity, without voting rights. UN Briefing: the World Bank Group election | UNA_UK Number of Executive Directors. They also hold discussions on operations evaluations, development trends, and strategic directions for the Bank. >> Vice President, Operations Policy and Country Services. It displays the current and two following moths of the Executive Directors' work program in a monthly format. 0 525 553 461 553 526 318 0 558 229 0 498 229 840 558 543 553 0 360 446 334 Like many large organizations, we know we can and must do better as an institution to increase our diversity and inclusion to tackle discrimination, racism, injustices, exclusion, and inequality, within the World Bank Group and in the countries we serve. The World Bank Group works in every major area of development. THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS07) - World Bank 0000023226 00000 n << 0000022332 00000 n Over that time, the World Bank Groupthe worlds largest development institutionhas worked to help more than 100 developing countries and countries in transition adjust to these changes by offering loans and tailored knowledge and advice. %PDF-1.4 The six largest shareholders of the Bank - the United States, Japan, China, Germany, France and the UK, as well as Russia and Saudi Arabia - each appoint an executive director to the Board.
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