Who We Are Organization This page in: English Boards of Governors About Home What We Do Results Organization Member Countries Boards of Governors Boards of Directors Leadership Organizational Units Office of the President Voting Powers History Speakers Bureau Partners Jobs and Internships CONTACTS Headquarters 1818 H Street, NW Washington, DC 20433 USA (202) 473-1000 View All Contacts » STAY CONNECTED Facebook Twitter Blogs Flickr Youtube RSS Newsletter The Boards of Governors consist of one Governor and one Alternate Governor appointed by each member country. The office is usually held by the country's minister of finance, governor of its central bank, or a senior official of similar rank. The Governors and Alternates serve for terms of five years and can be reappointed. If the country is a member of the Bank and is also a member of the International Finance Corporation (IFC) or the International Development Association (IDA), then the appointed Governor and his or her alternate serve ex-officio as the Governor and Alternate on the IFC and IDA Boards of Governors. They also serve as representatives of their country on the Administrative Council of the International Center for Settlement of Investment Disputes (ICSID) unless otherwise noted. Multilateral Investment Guarantee Agency (MIGA) Governors and Alternates are appointed separately. Role of the Boards of Governors All powers of the Bank are vested in the Boards of Governors, the Bank's senior decision-making body according to the Articles of Agreement. However, the Boards of Governors has delegated all powers to the Executive Directors except those mentioned in the Articles of Agreement. These powers include: Admit and suspend members; Increase or decrease the authorized capital stock; Determine the distribution of the net income of the Bank; Decide appeals from interpretations of the Articles of Agreement by the Executive Directors; Make formal comprehensive arrangements to cooperate with other international organizations; Suspend permanently the operations of the Bank; Increase the number of elected Executive Directors; and Approve amendments to the Articles of Agreement. GOVERNORS & ALTERNATES IBRD/IDA/IFC Governors & Alternates (pdf) MIGA Governors & Alternates (pdf) ICSID Administrative Council Representatives and Alternates (pdf) ANNUAL MEETINGS OF THE BOARD OF GOVERNORS WBG Annual/Spring Meetings WBG/IMF Spring Meetings joint website Development Committee Development Committee Statements Summary Proceedings Governor's Statements GOVERNORS RESOLUTIONS IBRD Governors Resolutions IFC Governors Resolutions IDA Governors Resolutions MIGA Governors Resolutions GOVERNORS' PORTAL Governors' Portal (for registered accounts only) Account Activation Instructions About Data Research and Publications Learning News Projects and Operations Countries Topics FOLLOW US NEWSLETTER SUBSCRIBE HERE This Site in: ENGLISH Legal Access to Information Jobs Contact REPORT FRAUD OR CORRUPTION IBRD IDA IFC MIGA ICSID © 2021 The World Bank Group, All Rights Reserved. Welcome