Board of Governors

E145963

The Board of Governors is the World Bank Group’s highest decision-making body, composed mainly of finance ministers and other senior officials from each member country who oversee its overall policies and strategic direction.

All labels observed (1)

Label Occurrences
Board of Governors canonical 4

How this entity was disambiguated

Statements (39)

Predicate Object
instanceOf decision-making body
governing body
approves admissions of new member countries to the World Bank Group
amendments to the Articles of Agreement of the World Bank Group
changes in capital stock of the World Bank Group
composedOf finance ministers
representatives of each member country of the World Bank Group
senior government officials
convenesAt IMF and World Bank Spring Meetings
surface form: World Bank Group and IMF Annual Meetings
decisionType resolutions
delegatesAuthorityTo World Bank Group Board of Executive Directors
surface form: Board of Executive Directors (World Bank Group)
elects World Bank Group Board of Executive Directors
surface form: Executive Directors of the World Bank Group
establishedFor governance of the World Bank Group
governs International Bank for Reconstruction and Development
International Centre for Settlement of Investment Disputes
International Development Association
International Finance Corporation
Multilateral Investment Guarantee Agency
hasAuthorityOver overall policies of the World Bank Group
strategic direction of the World Bank Group
hasMemberFrom each member country of the World Bank Group
hasOneAlternateGovernorPer member country
hasOneGovernorPer member country
headquartersLocation Washington, D.C.
language English
legalBasis Articles of Agreement of the World Bank Group institutions
surface form: Articles of Agreement of the World Bank Group
mainFunction oversee overall policies of the World Bank Group
set strategic direction of the World Bank Group
meets annually
meetsJointlyWith IMF Board of Governors
surface form: Board of Governors of the International Monetary Fund
partOf World Bank Group
reportsTo member governments of the World Bank Group
role highest decision-making body of the World Bank Group
sector international development finance
typicalGovernorPosition Minister of Development
Minister of Finance
senior economic policymaker
usesVotingSystem weighted voting
votingPowerBasedOn member country capital subscriptions

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

World Bank Group governanceStructure Board of Governors
WBG governedBy Board of Governors
subject surface form: World Bank Group