0000001994 00000 n Sheila Redzepi. {9}ip!D/i+{ H8-Uk61uuUOR.Q&Sf s+ZX.dc7Fmf[Y!_.:#*ZOi"u/AKD?v^g4Az#kRLYz^-5NQSS[NYWS~X0m:QVCVmV. /Descent -206 We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. 31 0 obj >> << Our People, Leadership and Work Culture | Standard Chartered Private Banking Online Banking Local site Contact Us Bahamas Bahrain Bangladesh Botswana Brunei Darussalam Chinese Mainland Cte d'Ivoire Ghana Hong Kong India Indonesia Jersey Jordan Kenya Malaysia Nepal Nigeria Pakistan Singapore Sri Lanka Taiwan Tanzania Uganda UAE Vietnam Zambia Eight of the 12 are elected from within Asia and the Pacific and four others are elected from outside the region. 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 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. President of the World Bank Group - Wikipedia -A)\^ouu'pac3vA+;`W\P!0d(4?hs lt2Naw$2$$7+ jL=A{tD'H80pG['/GL!!! 8d.Hd.Hd.Hl. @~,>@;OO@V}y*VW_dbNlNa\69QQmwr7Ruho/D%FFqv#3iTbdUf6:LUbf)12HFS6[sJ,MRbFX0bU#`%f9FEA1 *lelBlyWbF~NE#if uJ,;X4#. Global data and statistics, research and publications, and topics in poverty and development, Communiqu from the Small States Forum 2020, World Bank Group-IMF Annual Meetings in Morocco Postponed until 2022, Women, Business and the Law - 50 Years of Women's Rights, The World Bank Group committed to diversity and inclusion and equity, The World Banks digital platform for live-streaming, Environmental and Social Policies for Projects, International Development Association (IDA), The 2022 World Bank Group Spring Meetings: Strengthening the Case for Globalism, Addressing Challenges to Growth, Security and Stability, Toward an Inclusive World: Collecting Better Data on Disability, Floods and Droughts in the Era of Climate Change, The Adaptation Principles: 6 Ways to Build Resilience to Climate Change. The Office also comprises a senior executive assistant and program assistants who provide administrative support. World Bank Group Leadership What a $13B capital increase means for World Bank lending Other meetings such as Board Committee meetings are held at various other times whenever required. bH#!}k}*E{$_Z{8Q3"B5/,9eGgGop_C*tDmVX6s7!=DcKK~\Z1h1-.(3-n2s7"D~ =3TnD7t^KlL4Y3KD{/C{}? 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 . 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. W|# 0C; 0 525 553 461 553 526 318 0 558 229 0 498 229 840 558 543 553 0 360 446 334 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. 0000108174 00000 n << The position is usually held by the countrys minister of finance. << The Board of Directors performs its duties full time at the ADB headquarters in Manila, Philippines. h26R0Pw/+Q01L)643)YC0K%al` cfP1XTb;; F The World Bank Group works in every major area of development. An Emerging Client Consensus on World Bank Reform Efforts? . endobj Before you leave, wed love to get your feedback on your experience while you were here. >> The Annual Meetings are usually held for two consecutive years at the WBG and IMF headquarters in Washington, D.C. and every third year in another member country. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. The Code of Conduct for Board Officials sets forth principles and ethical standards for the Executive Directors, the Presidents of each of the organizations, Executive Director Designates, Executive Director Post-Designates, Alternate Executive Directors, Alternate Executive Director Designates, Alternate Executive Director Post-Designates, Temporary Alternate Executive Directors, Senior Advisors, and Advisors to Executive Directors (collectively, Board Officials) in connection with, or having a bearing upon, their status and responsibilities in the organizations of the World Bank Group. /SA false Search for experts by topic, role, language spoken, and more. 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. Vice President and World Bank Group Chief Risk Officer. xref %%EOF These trust funds include: To view former Hightlights, go to "Events and Travel" tab. 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. 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), Committee on Governance and Executive Directors' Governance Matters (COGAM), The Japan Policy and Human Resources Development Fund (PHRD) Fund, Quality Infrastructure Investment (QII) Partnership, World Bank Joint Japan Graduate Scholarship Program. /Type /ExtGState /SM 0.02 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 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. 0000108280 00000 n As such, the Office supports dialogue between the WBG and our constituency countries and engages in consultations with other Executive Directors and Management to support efforts to achieve the twin goals of reducing extreme poverty to 3 percent by 2030 and promoting income growth of the bottom 40 percent in a sustainable manner. Akihiko Nishio. 0000072154 00000 n 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. Furthermore, it is customary for the Directors of MIGA to be the same individuals as the Executive Directors of the Bank. Each Board is responsible for the general operations of their respective organization. hMk1D !qBz=E:vvZG'}NJXRJ3 0]@gC )CF\-O )4uA%-]%P %PV: Mee;fFi? 5544 0 obj <>stream - World Bank 0000001478 00000 n 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. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. The Office of the Executive Director (EDS07) represents Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Guyana, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines. While there are four Boards, Executive Directors serving on these Boards are usually the same. 0000001169 00000 n 0000000829 00000 n Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Member countries of the World Bank Group appoint or elect Executive Directors to the Boards 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). /Size 48 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 /LastChar 122 Will you take two minutes to complete a brief survey that will help us to improve our website? Each Executive Director appoints an Alternate Executive Director who has full power to act for him or her when he or she is not present. There are 25 Executive Directors and 25 Alternate Executive Directors representing the 189 member countries. h24T0Pw/+Q04w,*.Q050 J$y&`^HeAiINf^j@ j endobj Women have broken gender stereotypes and come forward to carve their own identity during the most difficult of times. The Board usually meets twice a week on Tuesdays and Thursdays. Before being elected as the Bank's first President, he served as Secretary-General of the Multilateral Interim Secretariat tasked with establishing the Bank. 32 0 obj /Rotate 0 /Contents [ 45 0 R 46 0 R ] The Office also has a fiduciary responsibility, to act in the best interests of the organization as a whole. 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. To learn more about cookies, click here. Phenomenal World. List of World Bank executive directors and alternates - Bretton Woods Regular elections of Executive Directors are held every two years at the time of the Annual Meetings. THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS02) - World Bank 33 0 obj World Bank Group - Wikipedia 1x 1.5x 1.8x. 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 . 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. endstream endobj 5546 0 obj <>stream 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. Edward Mountfield. /L 160724 The executive directors as individuals cannot exercise any power or commit or represent the Bank unless the boards specifically authorized them to do so. Development Projects Projects By Country By Sector By Theme Country Engagement /S 146 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 is a consortium of five different international organisations: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of The Governors and Alternates serve for terms of five years and can be reappointed. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The Corporate Secretariat is responsible for coordinating the process of membership as well as assisting members to complete their subscriptions to their allocated shares under periodic capital increases in IBRD, IDA, IFC, and MIGA. 1818 H Street, NW Washington, DC 20433 USA (202) 473-1000. The Executive Director is supported by his advisory and administrative staff who are committed to working with the 189 member countries to present a consensus on development issues. Under theIBRD Articles of Agreement, the Executive Directors are responsible for the conduct of the general operations of the Bank. They discussed Japan- WB partnership digital issues, including digital development, cybersecurity and Total public debt stands at an alarming 50-year high in low- and middle-income economies, the equivalent of more than 200 percent of government revenues.