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The Office of the Executive Director (EDS24) represents 9 European and Central Asia countries at the Board of the World Bank Group (WBG). These countries are: Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan and Uzbekistan. Constituency Map

The Executive Director contributes to the institution's governance, and represents his constituency’s member countries at the World Bank Group. With his peers, he particpates in the design of strategies, the endorsement of the annual budget as well as the approval of lending, grants, direct investments, guarantees and technical assistance. As part of his mission of promoting the interests of his constituency’s member countries, the Executive Director works closely with his colleagues to: (i) influence the WBG policies for recipient countries; (ii) assist his constituency’s member countries in identifying and seizing opportunities offered by the WBG; and (iii) advocate support for the implementation of initiatives, programs and projects supported by the WBG in member countries.

HIGHLIGHTS
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Investment Project September 20, 2018
The Largest in the Region Gas Chemical Complex was Commissioned in Turkmenistan

On September 17, 2018 in the city of Garabogaz with the participation of the President of Turkmenistan Gurbanguly Berdimuhamedov, who is on a working trip to the Balkan velayat, solemnly opened a new industrial facility - the Garabogazkarbamid plant.

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Article September 14, 2018
New Road Fuels Kazakhstan’s National Priorities

The new Almaty Ring Road, an IFC-supported public-private partnership (PPP), will reduce city traffic, noise, and pollution, increase road safety, cut transportation costs, and shorten travel times for commuters by up to an hour. This landmark PPP was the first of its type and scale in Kazakhstan, and will be a significant part of the New Silk Road connecting Western China with Western Europe. The Almaty Ring Road project is a good example of the World Bank Group's Cascade/Maximizing Finance for Development effort.

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Meet the Executive Director
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Werner Gruber
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ALTERNATE EXECUTIVE DIRECTOR
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Katarzyna Monika Zajdel-Kurowska
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EXECUTIVE DIRECTOR OFFICE WEBSITES
By Country




History of the Membership of the Constituency of EDS24

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EDS24 IBRD Statement of Loans

EDS24 IDA Statement of Credits and Grants

Paid in Contributions to IBRD/IDA/IFC Trust Funds from EDS24
Doing Business


Jobs
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Contact

The World Group
Office of he Executive Director - EDS24
1818 H Street, N.W. Mail Stop MC 13-1311
Washington, DC 20433 USA
Tel : +1 202-458-7050
Fax: +1 202-477-9110
eds24@worldbank.org
worldbank.org/eds24

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In Depth

On November 2, 1992 seven countries joined the Office of the Executive Director representing Switzerland, and formed an 8-member constituency: Azerbaijan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan and Uzbekistan. The size of the constituency increased with Kazakhstan joining on November 1, 2010.

Our constituency is composed of a heterogeneous group of medium and small economies at different stages of development. All of them have a strong interest in the promotion of global economic governance, based on a solid multilateral framework that balances the interests of all members of the international community.

The interaction and cooperation of our member countries with the World Bank Group have expanded significantly.

Our mission is to continue providing the World Bank Group – IBRD, IDA, IFC and MIGA – with substantial financial resources while supporting the institution’s efforts to provide to the Group specialists of high technical and personal standards who are conscious of the critical role of professional staff in ensuring communication and exchange of experiences between the countries of our constituency, the World Bank Group and other potentially interested countries. It is ultimately through the personalities in charge of the constituency – the Governors, the Executive Director, the Alternate Executive Director, and Senior Advisors and Advisors – that the constituency has acquired credibility and can play a role in shaping the future of the organization.

EDS24 prepares the reports for the Governors of the constituency: including Board summary and statements, and the Activity Reports for the Spring and Annual Meetings.

Mr. Werner Gruber(Switzerland) assumed his official duties as Executive Director on November 1, 2016 ; Ms. Paulina Gomulak (Poland) assumed her duties as Alternate Executive Director on September 1, 2016.

Last Updated: Nov 28, 2016

Meet the Executive Director
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Werner Gruber
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ALTERNATE EXECUTIVE DIRECTOR
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Katarzyna Monika Zajdel-Kurowska
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    Cyril Gabriel Teiva Prissette

    Senior Advisor to the Executive Director
    Nationality: Switzerland. Responsibilities: IDA; Committees: Committee on Development Effectiveness (CODE); Global Practice (GP): Agriculture; Social, Urban, Rural & Resilience, Cross-Cutting Solution Area: Fragility, Conflict & Violence Strategic Themes: Migration; Regions: West & Central Africa; Switzerland. Email: cprissette@worldbank.org
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    Anton Hilber

    Senior Advisor to Executive Director
    Nationality: Switzerland. Responsibilities: Global Practice Environment and Natural Resources. Crosscutting: Climate Change, Safeguards, Shareholding. Regions: Latin America and Caribbean, Azerbaijan and Turkmenistan
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    Ainur Yertlessova

    Advisor to the Executive Director
    Nationality: Kazakhstan. Responsibilities: Global Practice (GP): Education, Health, Nutrition and Population and Social Protection and Labor; Cross-Cutting Solution Area: Gender and Jobs; Regions: Kazakhstan. Email: ayertlessova@worldbank.org
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    Nurgeldi Meredov

    Advisor to the Executive Director
    Nationality: Turkmenistan. Responsibilities: Global Practice (GP): Energy and Extractives; Regions: Turkmenistan. Email: nmeredov@worldbank.org
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    Ilhomjon Rajabov

    Advisor to the Executive Director
    Nationality: Tajikistan. Responsibilities: Global Practice (GP): Water; Regions: South Asia and Tajikistan. Email: irajabov@worldbank.org
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    Laurent Widmer

    Advisor to Executive Director
    Nationality: Switzerland. Responsibilities: IFC. Committees: Committee on Governance and Executive Directors' Administrative Matters (COGAM). Global Practice (GP): Trade & Competitiveness; Macro-Fiscal Management, Governance/Procurement/PFM; Urban. Strategic Themes: Trust Funds. Regions: East & Southern Africa; Switzerland. Email: lwidmer@worldbank.org
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    Kacper Jakub Kaminski

    Advisor to Executive Director
    Nationality: Poland. Responsibilities: Committee: Budget (BC); Global Practice (GP): Transport and ICT; CCSA: Public Private Partnership (PPP); Regions: Middle East and North America, East Asia and Pacific and Poland. Email: kkaminski@worldbank.org
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    Namig Naghdaliyev

    Advisor to Executive Director
    Nationality: Azerbaijan. Responsibilities: Regions: Azerbaijan. Email: nnaghdaliyev@worldbank.org
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    Borko Milosavljevic

    Advisor to Executive Director
    Nationality: Serbia. Responsibilities: Institutions: MIGA; Committee: Audit (AC); Global Practice (GP): Poverty; Regions: South Eastern Europe and Serbia. Email: bmilosavljevic@worldbank.org
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    Barbara Clarke-Bader

    Senior Executive Assistant
    Email: bclarkebader@worldbank.org
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    Maria Caroline A. Hazard

    Program Assistant
    Email: chazard@worldbank.org
Meet the Executive Director
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Werner Gruber
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EDS24_map Poland Serbia Switzerland Azerbaijan Kazakhstan Kyrgyz Republic Uzbekistan Turkmensitan Tajikistan

Meet the Executive Director
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Werner Gruber
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ALTERNATE EXECUTIVE DIRECTOR
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Katarzyna Monika Zajdel-Kurowska
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Allocation of Votes by Organization

Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital.  Votes are allocated differently in each organization.

IBRD: Each member receives votes consisting of share votes (one vote for each share of the Bank's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55 percent of the sum of basic votes and share votes for all members).

IFC: Each member receives votes consisting of share votes (one vote for each share of IFC's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55 percent of the sum of basic votes and share votes for all members).

IDA: Each member receives the votes it is allocated under IDA replenishments according to the rules established in each IDA replenishment resolution. Votes consist of subscription votes and membership votes.

MIGA: Each member receives votes consisting of share votes (one vote for each share of MIGA's capital stock held by the member) plus parity votes, calculated so that the aggregate number of votes of category 1 and category 2 members is the same. Members choose which category they want to join at the time of membership. Category 1 members were originally defined as developed countries and category 2 members as developing countries.

Voting Status by Executive Director:

Meet the Executive Director
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Werner Gruber
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ALTERNATE EXECUTIVE DIRECTOR
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Katarzyna Monika Zajdel-Kurowska
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    Visit of the Serbia's Prime Minister Ana Brnabić to the World Bank

    Event
    The Prime Minister of Serbia, Ana Brnabić, visited the World Bank in Washington. She met with President Jim Yong Kim, with whom she discussed the cooperation with the World Bank Group to support Serbia’s economic reforms, in particular, in the areas of public sector reforms, education and innovation, and the development of a future growth strategy in a digitalized world.
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    UNDP and State Bank for Economic Affairs of Turkmenistan hold first ever event on financing of Agenda 2030

    Press Release
    One of the purposes of the June 20, 2018 event is to create a joint understanding of the country’s sustainable development priorities, the related financing needs and the various options that exist for mobilizing such resources, especially from international financial institutions and private capital.
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    World Bank Group Annual Meetings 2018

    Bali, Indonesia: October 12 - 14, 2018
    The 2018 Annual Meetings of the World Bank and the International Monetary Fund will be held in Bali, Indonesia, from October 12 - 14, 2018.
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    UNDP and State Bank for Economic Affairs of Turkmenistan hold first ever event on financing of Agenda 2030

    Ashgabat, Turkmenistan - June 20, 2018
    In conjunction with the Sustainable Development Goals (SDG) nationalization process in Turkmenistan, the United Nations Development Programme and the State Bank for Economic Affairs (TFEB) are working to improve the access of Turkmenistan to international financing and to improve its capacity to deliver and manage such financing streams effectively.
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    World Economic Forum Annual Meeting

    Event on January 26, 2018
    President Ilham Aliyev from Azerbaijan, Prime Minister Giorgi Kvirikashvili from Georgia and Deputy Prime Minister Erbolat Dossaev from Kazakhstan speak at the WEF in Davos about the Strategic Outlook of Eurasia.
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    Swiss Minister meets Presidents of Development Banks

    Event on January 24, 2018
    Federal Councillor Johann N. Schneider-Ammann, also Swiss Governor of the WBG, met on January 24, 2018 the Presidents of the development banks and high-ranking representatives of the Swiss private sector at the Annual Meeting of the World Economic Forum in Davos. The subject of the 13th edition of the traditional lunch meeting was “The Future of Jobs: Digitalization and Development”. The participants discussed how to realize the opportunities and confront the challenges of digitalization for the future of jobs in developing and emerging economies. Access to quality education, better vocational training and affordable infrastructure were identified as key enablers for a digital economy, which benefits everyone. The lunch-meeting also fostered a deeper cooperation between the Swiss private sector and the development banks. The WBG was represented by its President, Jim Yong Kim and by the COO of IFC, Stephanie von Friedeburg.
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    Switzerland is a leader in private investment solutions for sustainable development

    Swiss asset managers have a leading position in providing investment solutions that support the achievement of the sustainable development goals. This was demonstrated by an international conference held by Swiss Sustainable Finance in Zurich on 16 January. Some 240 participants from 12 countries seized the opportunity to inform themselves about innovative partnerships for development investments. Keynote speaker Karin Finkelston, Vice President Partnerships at the International Finance Corporation (IFC), presented concrete examples illustrating how private investment can improve livelihood while delivering attractive returns.
Meet the Executive Director
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Werner Gruber
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ALTERNATE EXECUTIVE DIRECTOR
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Katarzyna Monika Zajdel-Kurowska
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    Building Resilience into Development: Pioneering Earthquake Bonds Reinforce World Bank Leadership in Providing Financial Protection Against Natural Disasters

    The World Bank issued in Feb 7th, 2018 the biggest Catastrophe Bonds ever. $1.4bn for Mexico, Peru, Colombia and Chile. This is the biggest transfer of natural catastrophe risk from sovereigns to the financial markets. The Swiss State Secretariat for Economic Affairs SECO has supported this operation which will help middle income countries building their resilience.
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    Doing Business 2017. Equal Opportunity for All

    Economic Profile 2017 Kazakhstan - In June 2017, the Bank released the first report of the new subnational Doing Business series in Kazakhstan. The report measures business regulations and their enforcement in six regions (oblasts)—Aktobe, East Kazakhstan, Karagandy, Kostanay, Pavlodar and South Kazakhstan, each represented by its largest business city (Aktobe, Oskemen, Karagandy, Kostanay, Pavlodar and Shymkent)—as well as Almaty city and the capital city, Astana. It measures regulations affecting 4 stages of the life of a small or medium-size business: starting a business, dealing with construction permits, getting electricity and registering property. Click below to get to the report.
    Economic Profile 2017 Kazakhstan - In June 2017, the Bank released the first report of the new subnational Doing Business series in Kazakhstan. The report measures business regulations and their enforcement in six regions (oblasts)—Aktobe, East Kazakhstan, Karagandy, Kostanay, Pavlodar and South Kazakhstan, each represented by its largest business city (Aktobe, Oskemen, Karagandy, Kostanay, Pavlodar and Shymkent)—as well as Almaty city and the capital city, Astana. It measures regulations affecting 4 stages of the life of a small or medium-size business: starting a business, dealing with construction permits, getting electricity and registering property.
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    Turkmenistan is the heart of the Great Silk Road - New book of President of Turkmenistan

    Turkmenistan devotes high importance to transport and transit sectors. The country has been developing transit routes in view of its favorable geographical location. In October 2017, the new book of President of Turkmenistan Gurbanguly Berdimuhamedov «Turkmenistan is the heart of the Great Silk Road» has been officially launched. According to the Press Center of the Turkmen State Publishing Service, the book has been published in Turkmen, English and Russian languages, and is intended for a wide range of readers.

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Yearly Reports
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    Upcoming World Development Report 2016

    Internet for Development
    The report will analyze what factors have allowed some governments, firms and households to benefit from the Internet, and identify the barriers that limit gains elsewhere.
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    Doing Business 2016

    Measuring Regulatory Quality and Efficiency
    Comparing Business Regulation for domestic firms in 189 Economies.
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    World Bank Annual Report 2015

    It covers the period from July 1, 2014, to June 30, 2015, focuses on how the World Bank is partnering with countries to end extreme poverty by 2030, promote shared prosperity, and support the global sustainable development agenda.
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    World Development Report 2015

    Mind, Society, and Behavior
    It shows how a more subtle view of human behavior provides new tools for interventions.
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    Global Development Indicators 2015

    The primary World Bank collection of development indicators, compiled from officially-recognized international sources.
    It presents the most current and accurate global development data available, and includes national, regional and global estimates.