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Overview

 

The United Kingdom (UK) became a founding  member of  the International Bank for Reconstruction and Development (IBRD) in December of 1945 and played a crucial role in helping found the Bretton Woods institutions (World Bank and International Monetary Fund). Today, the United Kingdom remains a major shareholder and an important and influential partner in global efforts to reduce poverty.

Additionally, the UK is also a member of the International Development Association (IDA), which it joined in 1960, the International Finance Corporation (IFC) as of 1956, the Multilateral Investment Guarantee Agency (MIGA) as of 1988 and the International Centre for Settlement of Investment Disputes (ICSID) as of 1967.

The UK and the World Bank Group work together to develop policies on a wide range of issues, such as conflict prevention, governance, health, and education -- trying to enable millions in the poorest countries to be immunized, gain access to roads and clean water, and become teachers, among other benefits. 

The Executive Director for United Kingdom, along with the other 24 members of the Board, is responsible for the conduct of the general operations of the Bank, and exercises powers delegated to him by the Board of Governors. Mr. Gnanendran is a member of the following Committees (to be announced later in November 2022).

Last Updated: Nov 02, 2022

THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS03)

HISTORY OF THE MEMBERSHIP OF THE CONSTITUENCY OF EDS03

Highlights

The World Bank
News story Mar 07, 2022

The PM commences a week of engagement with world leaders to mobilise the global outcry at the atrocities of Russian aggression into support for Ukraine.

  • Leaders will visit RAF base to meet members of the UK Armed Forces before conducting a joint press conference
  • Builds upon recent UK backing of £220 million overall aid support to Ukraine
The World Bank
EVENT Nov 19, 2021
CLIMATE ACTION

The UK hosted the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow on 31 October – 13 November 2021. The COP26 summit brought parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.  Take a look at the final Glasgow Climate Pact agreement.

The World Bank Group played a major role in the run up to, and during, the Glasgow COP26. See links below for more information:

Major Contracts Awards To United Kingdom

The World Bank

The United Kingdom’s contributions paid-in to the WBG totaled US$14,393 million for fiscal years (FY) 2017-21.

In FY21, the UK contributed US$1,527 million to the International Development Association (IDA), US$552 million to IBRD/IDA trust funds, US$62 million to International Finance Corporation trust funds (IFC TFs) and US$1,491 million to Financial Intermediary Funds (FIFs).   The number of active trust funds to which the United Kingdom contributed at the end of FY21 totaled 193 including 132 IBRD/IDA TFs, 40 IFC TFs and 21 FIFs.

In Depth

Contact

The World Bank Group
Office of the Executive Director for United Kingdom 1818 H Street NW Washington, D.C. 20433
Tel : +1-202-473-1000
Fax: +1-202-477-6391