EDS14 About - World Bank 0000000924 00000 n 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). Gifts are tax deductible to the full extent allowable under the law. /Flags 32 0000108280 00000 n 0000002283 00000 n PDF Report of The Executive Directors on The Convention on The Settlement P4 2!R0&'fh p.u\Z:$hL8!QrbfnXaX^|:z5 Ij3. >> /T 159997 >> It provides advice on the procedures for subscribing to additional shares as authorized under resolutions approved by theBoards of Governors, including required documentation and capital subscriptions payments. Executive Directors and Alternates of the World Bank and Their Voting Power | June 30, 2019 IBRD IDA Executive Director Alternate Casting votes of Total votes % of total Total votes % of total Appointed Elected Guenther Schoenleitner (Austria) Nathalie Marie-Louise J. Francken (Belgium) Austria, Belarusa, Belgium, Czech They exercise powers delegated by the Boards of Governors. /Widths [ 313 0 0 0 0 0 0 0 0 0 0 0 0 0 303 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0000108174 00000 n Edward Mountfield. Conditionality Analysis. This site uses cookies to optimize functionality and give you the best possible experience. They meet once a year at theAnnual Meetingsof the Boards of Governors of the World Bank Group and theInternational Monetary Fund. This number is expected to increase. PDF INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT 1 - World Bank 0000001478 00000 n 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. 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. >> The boards of directors consist of the World Bank Group president and 25 executive directors. The Board is responsible for the conduct of the general operations of the Bank, providing overall guidance to Management on strategic directions, exercising oversight over operational, financial, and institutional matters, and approving the use of financial resources by all WBG entities and policies that impact the organizations general operations and use of resources. World Bank Group President: David R. Malpass Development Projects Projects By Country By Sector By Theme Country Engagement 0000000829 00000 n 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. 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. Thankful to the Government of #Japan , and the Japan International Cooperation Agency 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. Board Facts - World Bank Regular elections of Executive Directors are held every two years at the time of theAnnual Meetings. What a $13B capital increase means for World Bank lending Pleased to meet with Minister Shunichi Suzuki of @MOF_Japan. 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. /XHeight 1000 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. The World Bank Group works in every major area of development. C[YyzmW)dRJ{y }.KT^B!Z6'r=Y o 7{ZZM[\~kV:4m(` 2 The World Bank Group works in every major area of development. They make decisions on all matters, including policy, financial or membership issues. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT 1 . THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS07) - World Bank 33 0 obj /L 160724 *h&hj\5X;4z]A7k(7YO14cgsJ7ir\r:[,o'yhWAW e 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. >> We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. W|# 0C; 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. The Executive Directors are responsible for conducting the day-to-day business of the World Bank. Such interim elections are conducted either by mail vote or during an Annual Meeting that does not fall in a regular election year. World Bank & IMF in the news. 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. << 1x 1.5x 1.8x. stream Click here for more information about the World Bank Board of Directors, including a calendar of their meetings. The President of the World Bank Group serves as Chairman of the Board. The President of the World Bank Group serves as Chairman of the Board, and is selected by the Executive Directors. 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. The Boards of Governors consist of one Governor and one Alternate Governor appointed by each member country. The Japanese additional contribution to the Global Concessional Financing Columbia University JJWBGSP Scholars Visit Executive Office of Japan, Raising the bar on debt data transparency. They exercise powers delegated by the Boards of Governors. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION EXECUTIVE DIRECTORS AND ALTERNATES Executive Director Alternate Louise LEVONIAN Donna HARRIS Antigua and Barbuda + Guyana (Canada) (Guyana) Bahamas, The Ireland BarbadosJamaica + Belize St. Kitts and Nevis 0000022332 00000 n endstream endobj 5545 0 obj <>stream .sT]I ;%)BD*]Au69HXgTe%"DbT|:+RV#(9"!/(;Jq{/HxQ.fE1qqf(9G(HTF:" >EJb!yXu/oR We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. Lakshmi Shyam-Sunder. **Download statistics measured since January 1st, 2014. /Type /ExtGState 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. 0000072154 00000 n Furthermore, it is customary for the Directors of MIGA to be the same individuals as the Executive Directors of the Bank. endstream endobj 5546 0 obj <>stream How can we manage the growing risks of floods and droughts on a warming planet? Our People, Leadership and Work Culture | Standard Chartered h{y|TU:cU@Db@AQBBTQ @,"# Vh*@ 47 0 obj /Contents [ 45 0 R 46 0 R ] The past 70 years have seen major changes in the world economy. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. In his speech at the Warsaw School of Economics, titled Addressing Challenges to Growth, Security, and Stability, World Bank Group President David Malpass discussed how conflict, COVID-19, and climate change have created unprecedented challenges for developing countries, hurting the poorest and most vulnerable people and communities. *Y>i1)RpqhdSN_s5, -iKF|t`?8 h*` *50_ This site uses cookies to optimize functionality and give you the best possible experience. . These are some stories of inspiration from World Bank projects in India. /MediaBox [ 0 0 612 792 ] Most of them live in low- and middle-income countries. Similarly to the IMF, member countries are allocated votes at the . INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION EXECUTIVE DIRECTORS AND ALTERNATES Page 1 of 2 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENTINTERNATIONAL FINANCE CORPORATIONINTERNATIONAL DEVELOPMENT ASSOCIATION EXECUTIVE DIRECTORS AND ALTERNATES Equatorial Guinea The World Bank Group works in every major area of development. INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES, 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), Multilateral Investment Guarantee Agency (pdf), Senior Managing Director, Development Policy and Partnerships, Managing Director and World Bank Group Chief Financial Officer, Managing Director and World Bank Group Chief Administrative Officer, Senior Vice President and World Bank Group Chief Economist, Senior Vice President and WBG General Counsel (LEG), Acting Vice President, Budget, Performance Review, and Strategic Planning, Acting Vice President, Ethics and Internal Justice Services (EIJ VPU), Vice President, Eastern and Southern Africa, Vice President, Western and Central Africa, Vice President, Latin America and Caribbean, Vice President, Middle East and North Africa, Acting World Bank Group Chief Information Officer and Vice President, Information & Technology Solutions, Vice President, Equitable Growth, Finance, and Institutions, Acting Director General, Independent Evaluation Group, Vice President for Finance and World Bank Group Controller, Vice President, World Bank Group People and Culture, Vice President and Auditor-General, Internal Audit, Vice President and Treasurer, World Bank andPension Finance Administrator, World Bank Group, Vice President, World Bank Group External and Corporate Relations, Vice President, Operations Policy and Country Services, Vice President and World Bank Group Chief Risk Officer, Secretary, World Bank Accountability Mechanism, Chief of Staff to the World Bank Group President, Vice President and Treasurer,Treasury & Mobilization, Vice President, Economics and Private Sector Development, Regional Vice President, Middle East, Central Asia, Trkiye, Afghanistan, and Pakistan, Regional Vice President for Asia and Pacific, Regional Vice President for Europe and Latin America and the Caribbean, Vice President and Chief Risk, Legal and Administrative Officer, Director and General Counsel, Legal Affairs and Claims, Director for Climate, Energy, Extractives, Financial and Capital Markets Operations, Director for Infrastructure, Manufacturing, Agribusiness, Services (MAS) and Trade Operations, Vice President, Compliance Advisor/Ombudsman. This paper examines the role of social protection (SP) in Small Island Developing States (SIDS), given their particular structural, human resource and capacity constraints. The World Bank Group works in every major area of development. The President is the presiding officer, and ordinarily has no vote except a deciding vote in case of an equally divided Board. Generally, the governors are member countries' ministers of finance or ministers of development. MIGA has its own separate Board of Directors, consisting of 25 members. Government of Iceland | World Bank >> To learn more about cookies, click here. /ItalicAngle 0 hTKo0+#wJ&N; V#JQ[):X&A0 @ 2s6 mn?|)jM The World Bank operates day-to-day under the leadership and direction of the president, management and senior staff, and the vice presidents in charge of Global Practices, Cross-Cutting Solutions Areas, regions, and functions. Get our alerts and publications in your inbox. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. /FirstChar 32 The Executive Directors approved on May 25, 2022 a credit in the amount of SDR 79.6 million (US$110 million equivalent) and a grant in the amount of SDR 79.6 million (US$110
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