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The Russian Federation joined the World Bank Group on June 16, 1992.  The Executive Director represents the Russian Federation and, since 2014, the Syrian Arab Republic in the Executive Boards of the World Bank Group (WBG).

The Executive Directors are responsible for the conduct of the general operations of the WBG and exercise all the powers delegated to them by the Boards of Governors under the Articles of Agreement.

The Executive Directors consider and decide on the proposals made by Management on International Bank for Reconstruction and Development (IBRD) loans and guarantees, International Development Association (IDA) credits and grants, International Finance Corporation (IFC) investments, Multilateral Investment Guarantee Agency (MIGA) guarantees, and policies that impact the WBG's general operations.

The Board of Executive Directors conducts the oversight function: both the Independent Evaluation Group, which provides an independent assessment of the results of the Bank’s work, and the Inspection Panel, whose primary objective is to address the concerns of people who may be affected by WBG projects, report directly to the Board. Board’s oversight function also includes the External Audit and Conflict Resolution System.

The Executive Director for the Russian Federation and the Syrian Arab Republic serves as a member of the Human Resources Committee, as well as the Committee on Governance and Administrative Affairs. Additionally, the Executive Director for the Russian Federation and the Syrian Arab Republic and his staff are involved in other Board Committees and various sub-committees and working groups.


History of the membership of the current constituency of EDS23

NEWS

RECENT CHANGES
MARCH, 2020
The New Alternate Executive Director Vladimir Tamozhnikov joined the Office of the Executive Director for the Russian Federation

EVENTS
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Event December 13, 2019
Forum of innovative financial technologies - FINOPOLIS, October 2020

The forum is the country’s largest platform for the discussion and analysis of trends and opportunities for the use of modern digital technologies in the financial sector. It will be held by the Bank of Russia in partnership with IT and financial market leaders.

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Event October 24, 2019
Russia - Africa Summit and Economic Forum, 23-24 October 2019

The Russia–Africa Summit took place in Sochi. This was the first time in the history of modern Russia that an event of this kind has been held at such a high level, and it is unprecedented in the history of Russian-African relations.

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Meet the Executive Director
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Executive Director
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Meet the Alternate Executive Director
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Alternate Executive Director
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EXECUTIVE DIRECTOR OFFICE WEBSITES
By Country

Highlights
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Russian Export Catalogue

Created by Ministry of Economic Development of Russian Federation in order to support export of goods and services from Russia, in accordance with approved resolution of Government of Russian Federation (№ 1128-р, 29.06.2012).

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Bretton Woods after 75 years. Perspectives from the Board

Read Roman Marshavin's reflections on the World Bank – its successes, its challenges and its impact.

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    IBRD Statement of Loans - Russian Federation




    Contact

    The World Bank Group
    Office of the Executive Director for the Russian Federation
    1818 H Street NW
    Washington, D.C. 20433 USA
    +1-202-458-7080
    +1-202-522-2707
    eds23@worldbank.org
    worldbank.org/eds23

    More Contacts

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      Roman Marshavin

      Executive Director
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      Vladimir Tamozhnikov

      Alternate Executive Director
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      Boris Lvin

      Senior Advisor to the Executive Director
      Responsibilities:World Bank Group Strategy and Change Process, IBRD, East Asia and Pacific, South Asia, Latin America and the Caribbean, Europe and Central Asia, Steering Committee CODE, Development Committee, Agriculture, Macroeconomics and Fiscal Management, Development Economics, Education, Poverty, Knowledge, Learning, Procurement, Safeguards, Bank Instruments, Operational Risk Management, xternal and corporate relations Development Finance, Inspection Panel, Doing Business, Cooperation with UN and IMF, G8, G20. Email: Blvin@worldbank.org / Tel. +1 202-458-7070
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      Ekaterina Sycheva

      Senior Advisor to the Executive Director
      Responsibilities: IBRD Governance, Shareholding and Administrative Affairs; IDA Governance and Replenishments; Donor Trust Funds; Development Effectiveness and Board Committee on Development Effectiveness; Environmental and Social Standards; Bank Instruments; Operational Risk Management; Procurement Policy; IBRD/IDA operations in Europe and Central Asia; Human Development and Gender in IBRD/IDA operations; Doing business survey. Email: esycheva@worldbank.org / Tel. +1 202-458-7360
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      Vladimir Agapov

      Advisor to the Executive Director
      Responsibilities: Middle East and North Africa (MENA), Sub-Saharan Africa (SSA), Health, Nutrition and Population; Fragility, Conflict and Violence; CODE Subcommittee; COGAM; DEC; Human Resources Committee; External and Corporate Relations (ECR); Internal Audit VP (IAD); Independent Evaluation Group (IEG); Integrity VP (INT); IBRD/IDA Procurement; Russia-financed Trust Funds. Email: vagapov@worldbank.org / Tel. +1 202-458-7059
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      Izabel Bairamukova

      Advisor to the Executive Director
      Responsibilities: Europe and Central Asia (ECA), South Asia; CODE Subcommittee; Budget Committee; Ethics Committee; Education; Social Protection and Labor; Gender; Fragility, Conflict and Violence; Jobs; Human Recourses; Leadership, Learning, Innovations; Development Finance. Email: ibairamukova@worldbank.org / Tel. +1 202-458-0004
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      Igor Shervarli

      Advisor to the Executive Director
      Responsibilities: MIGA, ICSID, IFC projects (all regions), Finance and Markets, Governance, Private Public Partnerships, Treasury operations, Equity Management, Corporate Finance and Planning, Risk Management, External and Corporate Relations. Email: ishervarli@worldbank.org / Tel. +1 202-569-3656


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      Margarita Smoroda

      Senior Executive Assistant
      Email: msmoroda@worldbank.org / Tel. +1 202-473-5553
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      Marina Proutkova

      Program Assistant
      Email: mproutkova@worldbank.org / Tel. +1 202- 458-7064
    Meet the Executive Director
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    Executive Director
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    EXECUTIVE DIRECTOR OFFICE WEBSITES
    By Country


    Constituency Highlights

    The Minister of Economic Development of the Russian Federation  is the Governor for Russia at the World Bank Group. The Alternate Governor for Russia is the Deputy Minister of Finance of the Russian Federation.

    According to the Articles of Agreement, the Board of Governors is the Bank's senior decision-making body. However, the Board of Governors  has delegated all powers to the Board of Executive Directors except those mentioned in the Articles of Agreement.

    The Executive Board is also responsible for presenting to the Board of Governors an audit of accounts, an administrative budget, and an annual report on the Bank's operations and policies, along with other matters. Governors meet every spring and fall for the World Bank Annual and Spring Meetings and participate in the sessions of the Development Committee, composed of 25 Governors, which take place at the same time.

    See a detailed description of the organization and governance of the World Bank Group.

    Representation and Liaison

    Ministry of Finance of the Russian Federation  | Ministry of of Economic Development of the Russian Federation  | Central Bank of the Russian Federation | Russian Federal State Statistics Service | Bank for Development and Foreign Economic Affairs (Vnesheconombank) | Eurasian Development Bank

    Since November 2014, the Executive Director for the Russian Federation also represents the Syrian Arab Republic.

     


    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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    Executive Director
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    World Bank Group Projects

    Information concerning current and past IBRD and IDA projects can be found using the World Bank’s Project Database. To visualize the Bank's operations, you can also take advantage of Mapping for Results, an innovative site that geocodes Bank's projects worldwide.

    IFC projects can be found using the IFC Project Database. MIGA projects can be found using the MIGA Project Database


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    Project Map
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    Use Mapping for Results tool to visualize the locations of World Bank-financed projects in the Russian Federation
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    PHOTO GALLERY
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