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About

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.

THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS23)

  • EDS23 Roman Marshavin
    Roman Marshavin

    Executive Director: EDS23

  • Vladinmir Tamozhnikov
    Vladimir Tamozhnikov

    Alternate Executive Director: EDS23


Membership of the Current EDS23 Constituency



Highlights

The World Bank

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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The World Bank

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

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News

Recent Changes


Events

The World Bank
Dec 13, 2019

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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The World Bank
Oct 24, 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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Multimedia


The World Bank
May 08, 2019

World Development Report 2020 - Trading for Development

The World Development Report 2020 is about forging a development path in a world increasingly dominated by global value chains (GVCs).

Indepth

The World Bank
Apr 22, 2021

Member Countries

The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy issues.

The World Bank
Apr 22, 2021

Boards of Directors

The Boards of Directors consist of the World Bank Group President and 25 Executive Directors acting as a unit to consider and decide on loans, credits and grants; private sector support, political risk guarantees, ...

The World Bank

Eurasian Center for Food Security

To improve and strengthen food security in Eurasia, the World Bank is supporting the Eurasian Center for Food Security, which was established in 2011 by the Russian Federation in response to L’Aquila Food Security ...

The World Bank

Russia: Leading with 21st Century Skills

The World Bank supports the recently-formed partnership between the Moscow City University, Rybakov Foundation, Projectoria NGO, and the ROBBO company.