Board of Governors

E229005

The Board of Governors is the highest decision-making body of the New Development Bank, composed mainly of finance ministers or equivalent officials from member countries who oversee the bank’s strategic direction and major policies.

All labels observed (1)

Label Occurrences
Board of Governors canonical 2

How this entity was disambiguated

Statements (33)

Predicate Object
instanceOf decision-making body ⓘ
governing body ⓘ
composedMostlyOf equivalent senior government officials of member countries ⓘ
finance ministers of member countries ⓘ
delegatesPowersTo Board of Directors of the New Development Bank ⓘ
establishedFor governance of the New Development Bank ⓘ
governs overall operations of the New Development Bank ⓘ
hasAuthorityOver admission of new members of the New Development Bank ⓘ
amendments to the Articles of Agreement of the New Development Bank ⓘ
appointment of external auditors of the New Development Bank ⓘ
changes in authorized capital stock of the New Development Bank ⓘ
distribution of net income of the New Development Bank ⓘ
election of directors to the Board of Directors of the New Development Bank ⓘ
hasDecisionType resolutions adopted by majority or special majority as defined in the Articles of Agreement ⓘ
hasFunction approves major policies of the New Development Bank ⓘ
exercises powers delegated by the Articles of Agreement of the New Development Bank ⓘ
oversees strategic direction of the New Development Bank ⓘ
hasLanguage English (working language of the New Development Bank) ⓘ
hasMemberType alternate governor ⓘ
governor ⓘ
hasOneAlternateGovernorPer member country of the New Development Bank ⓘ
hasOneGovernorPer member country of the New Development Bank ⓘ
hasScope all member countries of the New Development Bank ⓘ
legalBasis Articles of Agreement of the New Development Bank ⓘ
mayDelegate specific powers to the Board of Directors except those expressly reserved to itself ⓘ
meetsAtLeast once a year ⓘ
oversees long-term strategic priorities of the New Development Bank ⓘ
overall policy framework of the New Development Bank ⓘ
partOf New Development Bank ⓘ
relatedTo BRICS ⓘ
surface form: BRICS countries
reportsTo member countries of the New Development Bank ⓘ
role highest decision-making authority of the New Development Bank ⓘ
sector multilateral development finance ⓘ

How these facts were elicited

Referenced by (2)

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

New Development Bank → governingBody → Board of Governors ⓘ
NDB → governanceBody → Board of Governors ⓘ
subject surface form: New Development Bank