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Public Financial Disclosure for World Bank Group Leadership


The World Bank Group (WBG) implements Declaration of Interests (DOI) programs to identify and manage, or rule out, actual, potential or perceived conflicts of interest, between staff members’ financial interests, private affiliations, relationships and outside activities (or those of their immediate family members), and the Institution’s business.

The disclosure requirements under the DOI programs generally apply to staff members who are in management or above level positions; staff with functions identified as sensitive, given their handling of highly confidential information; and others designated by the President. The forms are submitted by the required filers on a confidential and annual basis (as well as at onboarding), and the programs are administered by the WBG’s Ethics and Business Conduct Department, in accordance with Principle 3 of Staff Employment and WBG Directive Staff Rule 3.03, Business and Financial Interests and Disclosure.

Following best practices of good organizational governance and transparency, for the WBG’s Senior Leaders, the DOI program requires publication of certain financial assets, outside positions and interests. Public disclosure of this information helps demonstrate to the World Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the WBG’s leadership team members are not, and do not appear to be, influenced by any consideration associated with their own private interests.

The public declarations of the WBG’s Senior Leaders, reporting on calendar year 2020 are accessible below (in alphabetical order), following the closure of the relevant Senior Leaders DOI annual exercise. All links are PDFs.

  1. Akihiko Nishio, Vice President, Development Finance, World Bank
  2. Alfonso Garcia Mora, Regional Vice President, Asia and the Pacific, International Finance Corporation
  3. Alison Margaret Evans, Director General, Independent Evaluation Group, World Bank
  4. Anke Barbara Ursula D'Angelo, Vice President and Auditor General, Internal Audit Vice Presidency, World Bank
  5. Anna Bjerde, Regional Vice President, Europe and Central Asia, World Bank
  6. Annette Dixon, Vice President, Human Resources, World Bank Group
  7. Anshula Kant, Managing Director and Chief Financial Officer, World Bank Group
  8. Antonella Bassani, Vice President, Budget, Performance Review and Strategic Planning, World Bank
  9. Axel van Trotsenburg, Managing Director, Operations, World Bank
  10. Bernard Lauwers, Managing Director and Chief Financial Officer, World Bank Group
  11. Carlos Felipe Jaramillo, Regional Vice President, Latin America and the Caribbean, World Bank
  12. Carlos Manuel Rodriguez, Chief Executive Officer and Chairperson, The Global Environment Facility
  13. Carmen Reinhart, Vice President of Development Economics and Chief Economist, World Bank Group
  14. Christopher Hadley Stephens, Vice President and General Counsel, Legal, Compliance Risk & ESG Sustainability, International Finance Corporation
  15. David Robert Malpass, President, World Bank Group
  16. Denis Robitaille, Vice President and Chief Information Officer, World Bank Group
  17. Diariétou Gaye, Vice President and Corporate Secretary, World Bank Group
  18. Ethiopis Tafara, Vice President, Corporate Services, Chief Risk and Legal & Administrative Officer, Multilateral Investment Guarantee Agency
  19. Ferid Belhaj, Regional Vice President, Middle East and North Africa, World Bank
  20. Georgina E. Baker, Regional Vice President, Latin America and Caribbean, and Europe and Central Asia, International Finance Corporation
  21. Hafez M. H. Ghanem, Regional Vice President, Africa, World Bank
  22. Hartwig Schafer, Regional Vice President, South Asia, World Bank
  23. Hiroshi Matano, Executive Vice President, Multilateral Investment Guarantee Agency
  24. Jingdong Hua, Vice President and Treasurer, World Bank
  25. John Francis Gandolfo, Vice President and Treasurer, Treasury and Syndications, International Finance Corporation
  26. Jorge Dajani Gonzalez, Chief Ethics Officer, World Bank Group
  27. Jorge Familiar Calderón, Vice President and Controller, Finance and Accounting, World Bank Group
  28. Juergen Voegele, Vice President, Sustainable Development, World Bank
  29. Karin Finkelston, Vice President, Partnerships, Communication & Outreach, International Finance Corporation
  30. Lakshmi Shyam-Sunder, Vice President and Chief Risk Officer, World Bank Group
  31. Makhtar Diop, Managing Director and Executive Vice President, International Finance Corporation
  32. Mamta Murthi, Vice President, Human Development, World Bank
  33. Manuela V. Ferro, Vice President, Operations Policy and Country Services, World Bank
  34. Margaret Kinnear, Vice President and Secretary General, International Centre for Settlement of Investments Disputes
  35. Mari E. Pangestu, Managing Director, Development Policy and Partnerships, World Bank
  36. Mohamed Gouled, Vice President, Risk and Finance, International Finance Corporation
  37. Monish Mahurkar, Vice President, Corporate Strategy & Resources, International Finance Corporation
  38. Mouhamadou Diagne, Vice President, Institutional Integrity, World Bank Group
  39. Ousmane Diagana, Vice President, Western and Central Africa, World Bank
  40. Ruth Horowitz, Vice President, Equity Mobilization Division, International Finance Corporation
  41. Sandra Ngozi Okoro Hopkins, Senior Vice President and General Counsel, World Bank Group
  42. Sergio Pimenta, Regional Vice President, Middle East and Africa, International Finance Corporation
  43. Shaolin Yang, Managing Director and Chief Administrative Officer, World Bank Group
  44. Sheila Redzepi, Vice President, External and Corporate Relations, World Bank Group
  45. Stephanie Von Friedeburg, Chief Operating Officer, International Finance Corporation
  46. Subramaniam Vishwanathan Iyer, Vice President and Chief Operating Officer, Multilateral Investment Guarantee Agency
  47. Victoria Kwakwa, Regional Vice President, East Asia and Pacific, World Bank

Appointments reflective from January 1, 2021

  1. Janine Helene Ferretti, Vice President, Office of Compliance Advisor/Ombudsman, International Finance Corporation and Multilateral Investment Guarantee Agency


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