The Nordic and Baltic countries are currently represented at the Executive Board by Susan Ulbaek , Executive Director (ED). In this capacity, she engages in direct consultations and negotiations with other Executive Directors and World Bank Group Management in setting the institution’s strategy and policy priorities.
The ED represents the constituency when considering and deciding on IBRD loan and guarantee proposals and IDA credit, grant and guarantee proposals made by the President, and it decides on policies that guide the Bank's general operations. The ED 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 Nordic-Baltic ED is member of the Budget Committee (BC). The BC assists the Boards in approving the respective budgets of IBRD, IDA, IFC and MIGA and in overseeing the preparation and execution of their business plans and provides guidance to management on strategic directions. The Nordic-Baltic chair is also a member of the Committee on Governance and Executive Directors' Administrative Matters (COGAM). COGAM's primary purpose is to assist the Boards in issues related to the governance of the institutions of the WBG, the Boards’ own effectiveness, and the administrative policy applicable to Executive Directors and their Alternates and Senior Advisors.
The ED is assisted in the Nordic-Baltic Office (NBO), by an Alternate ED, three Senior Advisors, four Advisors, an Executive Assistant and a Program Assistant.
Each year, the office reports to the constituency countries through an Annual Status Report. See Office Reports.
Last Updated: Nov 28, 2018