The office of the Executive Director represents the Constituency when considering and deciding on IBRD loan and guarantee proposals and IDA credit, grant and guarantee proposals made by the President; it decides on policies that guide the Bank's general operations. It is also responsible for presenting to the Board of Governors, at the Annual Meetings, an audit of accounts, an administrative budget, and an annual report on the Bank's operations and policies, as well as other matters.
The Executive Director is the Chairman of the Audit Committee (pdf). He is also a member of the World Bank Pension Finance Committee. From 2013-2014, the Executive Director served as a member of the Budget Committee (pdf), as well as a member of the Human Resources Committee (pdf). Additionally, he is involved, together with his staff in other Board Committees, including Committee on Development Effectiveness (pdf), Committee on Governance and Administrative Matters (pdf), as well as informal sub-committees.
The Executive Director and his staff work together with other 188 member countries' representatives to harmonize their positions and reach a consensus on development efforts.
The World Bank membership of the Constituency countries is as follows: