Board of Directors (IFC)

E295392

board of directors executive body governing body

The Board of Directors of the International Finance Corporation (IFC) is the executive body responsible for overseeing the organization’s operations, policies, and strategic direction on behalf of its member countries.

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All labels observed (1)

Label	Occurrences
Board of Directors (IFC) canonical	2

Statements (47)

Predicate	Object
instanceOf	board of directors ⓘ executive body ⓘ governing body ⓘ
accountableTo	Board of Governors of IFC ⓘ
aim	align IFC operations with World Bank Group development goals ⓘ ensure financial sustainability of IFC ⓘ support private sector development in member countries ⓘ
appliesToJurisdiction	IFC member countries ⓘ
basedOn	shareholding structure of IFC member countries ⓘ
composition	Alternate Executive Directors ⓘ Executive Directors ⓘ
country	none (represents member countries collectively) ⓘ
decisionMakingMode	collective decision-making ⓘ
governs	IFC advisory services operations ⓘ IFC investment operations ⓘ IFC treasury and funding operations ⓘ
headquartersLocation	Washington, D.C. ⓘ
language	English (working language) ⓘ
legalBasis	Articles of Agreement of the World Bank Group institutions ⓘ surface form: Articles of Agreement of the International Finance Corporation
meetsAt	IFC headquarters ⓘ
memberRepresents	IFC member countries or groups of countries ⓘ
oversees	IFC accountability and evaluation frameworks ⓘ IFC capital adequacy and resource mobilization ⓘ IFC corporate strategy ⓘ IFC environmental and social risk policies ⓘ
parentOrganization	World Bank Group ⓘ
partOf	International Finance Corporation ⓘ
role	approves IFC annual budget ⓘ approves IFC investments and financing operations ⓘ approves IFC policies and strategies ⓘ ensures IFC compliance with World Bank Group policies where applicable ⓘ ensures alignment of IFC activities with development mandate ⓘ monitors IFC financial performance ⓘ oversees IFC operations ⓘ oversees IFC policies ⓘ oversees IFC strategic direction ⓘ oversees corporate governance of IFC ⓘ oversees risk management at IFC ⓘ represents interests of IFC member countries ⓘ reviews IFC country and sector strategies ⓘ reviews IFC financial statements ⓘ
sector	international development finance ⓘ multilateral development banking ⓘ
sharesStructureWith	World Bank Group Board of Executive Directors ⓘ surface form: Board of Executive Directors of the World Bank Group
votingSystem	weighted voting based on shareholding ⓘ
worksCloselyWith	IFC Management ⓘ IFC President ⓘ

Referenced by (2)

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

Board of Governors → elects → Board of Directors (IFC) ⓘ

subject surface form: Board of Governors (IFC)

Board of Governors → delegatesDayToDayManagementTo → Board of Directors (IFC) ⓘ

subject surface form: Board of Governors (IFC)