Board of Governors
E61034
The Board of Governors is the highest decision-making body of the International Finance Corporation, composed mainly of finance ministers and other senior officials from member countries who set its overall policies and strategic direction.
Aliases (1)
Statements (41)
| Predicate | Object |
|---|---|
| instanceOf |
decision-making body
→
governing body → |
| authorityOver |
amendments to IFC Articles of Agreement
→
capital structure of the International Finance Corporation → membership of the International Finance Corporation → |
| composedOf |
representatives of IFC member countries
→
|
| delegatesDayToDayManagementTo |
Board of Directors (IFC)
→
|
| elects |
Board of Directors (IFC)
→
IFC Executive Directors (through joint World Bank Group processes) → |
| establishedBy |
IFC Articles of Agreement
→
|
| function |
admit new members to the International Finance Corporation
→
amend IFC Articles of Agreement → delegate powers to the IFC Board of Directors → increase or decrease IFC capital → set overall policies of the International Finance Corporation → set strategic direction of the International Finance Corporation → |
| governs |
International Finance Corporation policies
→
International Finance Corporation strategic framework → |
| hasMember |
finance minister of member country
→
senior government official of member country → |
| hasOneGovernorPer |
member country
→
|
| languageOfWork |
official languages of the World Bank Group
→
|
| legalBasis |
Articles of Agreement of the International Finance Corporation
→
|
| meetingLocation |
venue of the World Bank Group and IMF Annual Meetings
→
|
| meets |
annually
→
|
| meetsInConjunctionWith |
International Monetary Fund Annual Meetings
→
World Bank Group Annual Meetings → |
| parentOrganization |
World Bank Group
→
|
| partOf |
International Finance Corporation
→
|
| purpose |
oversee IFC’s contribution to private sector development in member countries
→
|
| relatedOrganization |
International Monetary Fund Board of Governors
→
|
| reportsTo |
member governments of the International Finance Corporation
→
|
| role |
highest decision-making body of the International Finance Corporation
→
|
| sector |
international development finance
→
|
| sharesMembershipWith |
Board of Governors of the International Bank for Reconstruction and Development
→
Board of Governors of the International Development Association → Board of Governors of the Multilateral Investment Guarantee Agency → Board of Governors of the World Bank → |
| typicalMemberPosition |
Central bank governor
→
Minister of Economy → Minister of Finance → |
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
International Finance Corporation
→
|
governedBy |