Category 2. Governing Bodies
Section 2.B. Board of Directors
Indicator 2.B.i. Organizational structure and procedures
2.B.i. Organizational structure and procedures
| Indicator |
The rules governing the appointment, composition and functioning of the Board of Executive Directors.
|
| Recommended Standard |
The organizational structure and procedures of the Board of Executive Directors should be disclosed. |
190
Article 30 deals with the Composition of the Board of Directors, Article 31 deals with the Power of the Board and Article 32 deals with the Procedure of the Board.
191
This is considered a basic document that is available to the public.
2416
See Article 32 for the powers of the Board of Directors. This is a basic document that is available to the public.
2452
This document gives general information on meetings, voting, agenda setting and minutes for the Board of Directors. This information is publicly available.
| Examples | Basic Documents of the EBRD contains the Rules of Procedure of the Board of Directors (http://www.ebrd.com/pubs/insti/basics.htm) |
| Sector | Private and Public |
| Languages | English, French, Russian and German |
| Location | On-line. |
| Last Updated | 3/13/2009 |
| Status Updated | 2/7/2005 |
2490
This webpage gives a brief description of the role and voting power of the Board of Directors. It also provides names and photos of the Directors. If you click on a picture, you will find the address, email, and phone contact information and the curriculum vitae of the Director appears.
2660
"The adoption of an appropriate Code of Conduct for the Board of Directors is a further step in the due application of best practice in relation to the governance in the bank.
The rules of conduct spelled out in this code are based on the principles enshrined in the Bank's Statute, its Rules of Procedure and subsequent texts governing Bank activity, as well as on other general pertinent principles."
2530
Article VIII, Section 3 outlines general procedures for the Board, no real detail on the appointment procedures.
| Reference | Agreement Establishing the Inter-American Development Bank () |
| Sector | Private and Public |
| Languages | English, Spanish, French, Portuguese, and Japanese |
| Location | On-line. |
| Last Updated | |
| Status Updated | 2/7/2005 |
2531
This is a basic document that is available to the public.
2532
This information is available to the public.
2180
Article IV discusses the organizational and management of the IFC.
2576
Section IV, 4 of the Charter provides a brief outline of the procedures of the Board of Directors.
2577
"The Agreement Establishing the Inter-American Investment Corporation and other basic documents of the Corporation, including the By-Laws of the Corporation, the Regulations of the Board of Governors, the Regulations of the Board of Executive Directors, and the Regulations for the Election of Executive Directors of the Corporation are available to the public."
| Reference | Section III.C.4. Disclosure of Information Policy (October 2005) () |
| Sector | Private |
| Last Updated | 11/30/2005 |
| Status Updated | 11/30/2005 |
2265
Article XII, discusses the Organization and Management of the IMF and Section 3 specifically refers to the Executive Board.
2266
See chapters 10 through 20 about the structures and procedures for the Board of Directors
2222
Chapter V of the Convention establishing MIGA discusses the organization and management of MIGA and Article 32, refers specifically to the Board of Directors.
2630
"The World Bank Group Boards of Executive Directors are responsible for conducting the day-to-day business of the World Bank. The Boards are composed of 24 Directors, who are appointed or elected by member countries or by groups of countries, and the President, who serves as its Chairman." There are Articles of Agreement for each member of the WB Group: IBRD, IDA, IFC, MIGA, and the International Center for Settlement of Investment Disputes (ICSID). Each member's Articles of Agreement confirm the following quote.
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