World Bank Group Board of Governors

E27108

decision-making body governing body

The World Bank Group Board of Governors is the institution’s highest decision-making body, composed mainly of finance ministers and other senior officials from member countries who set overall policies and approve major strategic and financial decisions.

Aliases (9)

Statements (33)

Predicate	Object
instanceOf	decision-making body → governing body →
affiliation	United Nations system (specialized agency relationship through the World Bank Group) →
approves	admissions of new member countries → allocation and distribution of net income → amendments to World Bank Group Articles of Agreement → capital increases →
composedOf	finance ministers → representatives of member countries → senior government officials →
convenesAt	World Bank Group Annual Meetings →
delegatesAuthorityTo	World Bank Group Boards of Executive Directors →
elects	Boards of Executive Directors → Development Committee members →
governs	International Bank for Reconstruction and Development → International Centre for Settlement of Investment Disputes → International Development Association → International Finance Corporation → Multilateral Investment Guarantee Agency →
hasChair	Governor for the country hosting the Annual Meetings →
hasMemberFrom	each World Bank Group member country →
hasVotingPower	weighted according to member country shareholding →
language	English →
legalBasis	Articles of Agreement of World Bank Group institutions →
mainFunction	approve major financial decisions → approve major strategic decisions → set overall policies of the World Bank Group →
meets	annually →
partOf	World Bank Group →
responsibleFor	overall strategic direction of the World Bank Group → oversight of World Bank Group financial resources →
role	highest decision-making body of the World Bank Group →
sector	international development finance →

Referenced by (14)

Subject (surface form when different)	Predicate
Board of Governors (IFC) ("Board of Governors of the World Bank") → Board of Governors (IFC) ("Board of Governors of the International Bank for Reconstruction and Development") → Board of Governors (IFC) ("Board of Governors of the International Development Association") → Board of Governors (IFC) ("Board of Governors of the Multilateral Investment Guarantee Agency") →	sharesMembershipWith
Board of Directors of the International Finance Corporation ("Board of Governors of the International Finance Corporation") → Development Committee ("Board of Governors of the World Bank Group") → World Bank Group Board of Executive Directors →	reportsTo
Development Committee →	affiliatedWith
World Bank Group Board of Governors ("World Bank Group Annual Meetings") →	convenesAt
Development Committee ("Board of Governors of the World Bank Group") →	establishedBy
Board of Governors (IFC) ("World Bank Group Annual Meetings") →	meetsInConjunctionWith
Board of Governors (IMF) ("World Bank Group Boards of Governors") →	meetsJointlyWith
Articles of Agreement of the World Bank Group institutions ("Board of Governors of World Bank Group institutions") →	providesFor
Board of Governors (IMF) ("World Bank Group Boards of Governors") →	worksWith