The Office of the Executive Director represents in the World Bank Group Board the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Moldova, Montenegro, The Netherlands, North Macedonia, Romania, and Ukraine.
The Executive Director and his staff work jointly with other Board members when considering and deciding on IBRD loan and guarantee proposals, as well as IDA credit, grant, and guarantee proposals made by the President. They decide on policies that guide the Bank's general operations. The Office 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 finances, operations, and policies.
The Executive Director and his staff work together with other 188 member countries' representatives to harmonize their positions and reach a consensus on development issues.