Public Financial Disclosure for World Bank Group Leadership

“Public trust and confidence are invaluable assets for governments and institutions. The World Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making among investors, businesses, and households.”

—Jim Yong Kim, President

The World Bank Group has a declaration of interests (DOI) program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members who are manager level or above, and certain staff members with functions designated as sensitive, are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 of the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

In the spirit and interest of good organizational governance and transparency, the DOI program for the Bank Group’s senior leaders includes public disclosure of certain types of financial and other interests. Public disclosure of this information helps demonstrate to the Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the Bank Group’s senior leaders are not, and do not appear to be, influenced by any consideration associated with their own private interests.

The public declarations of the Bank Group’s senior leaders for calendar year 2016 are accessible below. Included are the declarations of some senior leaders who joined the Bank Group in 2017; the public information in their declarations pertains to non-Bank Group positions and agreements or arrangements.

All links are PDFs.

• Jim Yong Kim, President
• Joaquim Vieira Ferreira Levy, Managing Director and World Bank Group Chief Financial Officer
• Shaolin Yang, Managing Director and Chief Administrative Officer
• Kristalina Georgieva, Chief Executive Officer (appointed in 2017)
• Paul Romer, Chief Economist and Senior Vice President
• Sandie Okoro, Senior Vice President and World Bank Group General Counsel (appointed in 2017)
• Anne-Marie Leroy, (former) Senior Vice President and World Bank Group General Counsel
• Philippe Le Houérou, Executive Vice President and Chief Executive Officer, IFC
• Keiko Honda, Executive Vice President and Chief Executive Officer, MIGA
• Mahmoud Mohieldin, Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships
• Kyle Peters, Senior Vice President, Operations and (former) Interim Managing Director and Chief Operating Officer
• Antonella Bassani, Vice President, Budget, Performance Review, and Strategic Planning
• Ousmane Diagana, Vice President and Chief Ethics Officer
• Makhtar Diop, Vice President, Africa
• Annette Dixon, Vice President, South Asia
• Jorge Familiar Calderon, Vice President, Latin America and Caribbean
• Karin Finkelston, Vice President and Chief Operating Officer, MIGA
• Stephanie von Friedeburg, World Bank Group Chief Information Officer and Vice President, Information and Technology Solutions
• Hafez Ghanem, Vice President, Middle East and North Africa
• Mohamed Gouled, Vice President, Risk and Financial Sustainability, IFC (appointed in 2017)
• Osvaldo Gratacós, Vice President and Compliance Advisor/Ombudsman, IFC & MIGA
• Keith E. Hansen, Vice President, Human Development
• Caroline Heider, Director General, Independent Evaluation Group
• Jingdong Hua, Vice President, Treasury and Syndications, IFC
• Naoko Ishii, Chief Executive Officer and Chairperson, Council of Global Environment Facility
• Saran G. Kebet-Koulibaly, Vice President, Corporate Risk and Sustainability, IFC
• Victoria Kwakwa, Vice President, East Asia and Pacific
• Hans Peter Lankes, Vice President, Economics and Private Sector Development, IFC (appointed in 2017)
• Bernard Lauwers, Vice President and World Bank Group Controller
• Leonard McCarthy, Vice President for Institutional Integrity
• Sean McGrath, Vice President, Human Resources
• Cyril Muller, Vice President, Europe and Central Asia
• Hiroshi Naka, Vice President and Auditor General
• Arunma Oteh, Vice President and Treasurer
• Sheila Redzepi, Vice President, World Bank Group External and Corporate Relations
• Hartwig Schafer, Vice President, Operations Policy and Country Services
• Lakshmi Shyam-Sunder, Vice President and World Bank Group Chief Risk Officer
• Nena Stoiljkovic, Vice President, Global Client Services, IFC
• Ethiopis Tafara, Vice President, Corporate Risk and Sustainability & General Counsel, IFC
• Axel van Trotsenburg, Vice President, Development Finance
• Yvonne M. Tsikata, Vice President and Corporate Secretary
• Dimitris Tsitsiragos, Vice President, Global Client Services, IFC
• Laura Tuck, Vice President, Sustainable Development
• Jan Walliser, Vice President, Equitable Growth, Finance, and Institutions
• Gavin Wilson, Chief Executive Officer, IFC Asset Management Company

“Public trust and confidence are invaluable assets for governments and institutions. The World Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making among investors, businesses, and households.”

—Jim Yong Kim, President

The World Bank Group has a declaration of interests program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members who are manager level or above, and certain staff members with functions designated as sensitive, are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

In the spirit and interest of good organizational governance and transparency, the declaration of interests program for the Bank Group’s Senior Management Team and Vice Presidents includes public disclosure of certain types of financial and other interests. Public disclosure of this information helps demonstrate to the Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the Bank Group’s senior leaders are not, and do not appear to be, influenced by any consideration associated with their own private interests.

The public declarations of the Bank Group’s senior leaders for calendar year 2015 are accessible below. Included are the declarations of some SMT members and VPs who joined the Bank Group in 2016; the public information in their declarations pertains to non-Bank Group positions and agreements or arrangements.

All links are PDFs.

• Jim Yong Kim, President
• Sri Mulyani Indrawati, Managing Director and Chief Operating Officer
• Bertrand Badre, Managing Director and World Bank Group Chief Financial Officer
• Joaquim Vieira Ferreira Levy, Managing Director and World Bank Group Chief Financial Officer (appointed in 2016)
• Shaolin Yang, Managing Director and Chief Administrative Officer (appointed in 2016)
• Mahmoud Mohieldin, Corporate Secretary and President’s Special Envoy
• Kaushik Basu, Chief Economist and Senior Vice President
• Philippe Le Houerou, Executive Vice President and Chief Executive Officer, IFC (appointed in 2016)
• Keiko Honda, Executive Vice President and Chief Executive Officer, MIGA
• Anne-Marie Leroy, Senior Vice President and World Bank Group General Counsel
• Kyle Peters, Senior Vice President, Operations
• Rachel Kyte, Vice President and Special Envoy, Climate Change
• Sean McGrath, Vice President, Human Resources
• Sanjay Pradhan, Vice President, Leadership, Learning, and Innovation
• Keith E. Hansen, Vice President, Human Development
• Laura Tuck, Vice President, Sustainable Development & (former) Vice President, Europe and Central Asia
• Jan Walliser, Vice President, Equitable Growth, Finance, and Institutions
• Pedro Alba, Vice President for Budget, Performance Review, and Strategic Planning
• Joachim von Amsberg, Vice President, Development Finance
• Ousmane Diagana, Vice President and Chief Ethics Officer
• Makhtar Diop, Vice President, Africa
• Annette Dixon, Vice President, South Asia
• Jorge Familiar Calderon, Vice President, Latin America and Caribbean
• Karin Finkelston, Vice President and Chief Operating Officer, MIGA & (former) Vice President, Global Partnerships, IFC
• Stephanie von Friedeburg, Vice President and World Bank Group Chief Information Officer
• Hafez Ghanem, Vice President, Middle East and North Africa
• Osvaldo Gratacos, Vice President and Compliance Advisor/Ombudsman, IFC & MIGA
• Caroline Heider, Director General, Independent Evaluation Group
• Jingdong Hua, Vice President, Treasury and Syndications, IFC
• Naoko Ishii, Chief Executive Officer and Chairperson, Council of Global Environment Facility
• Saran G. Kebet-Koulibaly, Vice President, Corporate Risk and Sustainability, IFC
• Bernard Lauwers, Vice President and World Bank Group Controller
• Leonard Frank McCarthy, Vice President for Institutional Integrity
• Cyril Muller, Vice President, Europe and Central Asia
• Hiroshi Naka, Vice President and Auditor General
• Arunma Oteh, Vice President and Treasurer
• Jean Philippe Prosper, Vice President, Global Partnerships, IFC
• Sheila Redzepi, Vice President, World Bank Group External and Corporate Relations (appointed in 2016)
• Hartwig Schafer, Vice President, Operations Policy and Country Services
• Lakshmi Shyam-Sunder, Vice President and World Bank Group Chief Risk Officer
• Snezana Stoiljkovic, Vice President, Global Client Services, IFC & (former) Vice President, Global Practices
• Ethiopis Tafara, Vice President, Corporate Risk and Sustainability & General Counsel, IFC
• Axel van Trotsenburg, Vice President, East Asia and Pacific
• Yvonne M. Tsikata, Vice President and Corporate Secretary (appointed in 2016)
• Dimitris Tsitsiragos, Vice President, Global Client Services, IFC
• Gavin Wilson, Vice President, Asset Management Company Services, IFC (appointed in 2016)

“Public trust and confidence are invaluable assets for governments and institutions. The World Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making among investors, businesses, and households.”

Jim Yong Kim, President

The World Bank Group has a declaration of interests program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

In the spirit and interest of good organizational governance and transparency, the declaration of interests program for the Bank Group’s Senior Management Team and Vice Presidents includes public disclosure of certain types of financial and other interests. Public disclosure of this information helps demonstrate to the Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the Bank Group’s senior leaders are not, and do not appear to be, influenced by any consideration associated with their own private interests. The public declarations for the Bank Group’s senior leaders during calendar year 2014 are accessible below.

All links are PDFs.

• Jim Yong Kim, President
• Sri Mulyani Indrawati, Managing Director and Chief Operating Officer
• Bertrand Badre, Managing Director and World Bank Group Chief Financial Officer
• Mahmoud Mohieldin, Corporate Secretary and President’s Special Envoy
• Kaushik Basu, Chief Economist and Senior Vice President
• Jin-Yong Cai, Executive Vice President and Chief Executive Officer, IFC
• Keiko Honda, Executive Vice President and Chief Executive Officer, MIGA
• Anne-Marie Leroy, Senior Vice President and World Bank Group General Counsel
• Kyle Peters, Senior Vice President, Operations & (former) Vice President and Head of Network, Operations Policy and Country Services
• Rachel Kyte, Vice President and Special Envoy, Climate Change
• Sean McGrath, Vice President, Human Resources
• Sanjay Pradhan, Vice President, Leadership, Learning, and Innovation & (former) Vice President, World Bank Change, Knowledge, and Learning
• Cyril Muller, Vice President, External and Corporate Relations
• Keith Hansen, Vice President, Global Practices and Cross-Cutting Solutions
• Snezana Stoiljkovic, Vice President, Global Practices and Cross Cutting Solutions & Vice President, Global Partnerships, IFC
• Pedro Alba, Vice President for Budget, Performance Review, and Strategic Planning
• Joachim von Amsberg, Vice President, Development Finance & (former) Vice President, Concessional Finance and Global Partnerships
• Madelyn Antoncic, Vice President and Treasurer
• Makhtar Diop, Vice President, Africa
• Annette Dixon, Vice President, South Asia
• Jorge Familiar Calderon, Vice President, Latin America and Caribbean & (former) Vice President and Corporate Secretary
• Karin Finkelston, Vice President, Global Partnerships & (former) Vice President, Asia Pacific, IFC
• Stephanie von Friedeburg, Chief Information Officer and Vice President, Information and Technology Solutions
• Hafez Ghanem, Vice President, Middle East and North Africa
• Osvaldo Gratacos, Vice President and Compliance Advisor/Ombudsman, IFC & MIGA
• Caroline Heider, Director General, Independent Evaluation Group
• Jingdong Hua, Vice President, Treasury and Syndication, IFC
• Naoko Ishii, Chief Executive Officer and Chairperson, Council of Global Environment Facility
• Bernard Lauwers, Vice President and World Bank Group Controller
• Leonard Frank McCarthy, Vice President for Institutional Integrity
• Hiroshi Naka, Vice President and Auditor General
• Jean Philippe Prosper, Vice President, Global Client Services & (former) Vice President, Sub-Saharan Africa, and Latin America and the Caribbean, IFC
• Hartwig Schafer, Vice President, Operations Policy and Country Services
• James Scriven, Vice President, Corporate Risk and Sustainability, IFC
• Lakshmi Shyam-Sunder, Vice President and World Bank Group Chief Risk Officer
• Ethiopis Tafara, Vice President, Corporate Risk and Sustainability & General Counsel, IFC
• Axel van Trotsenburg, Vice President, East Asia and Pacific
• Dimitris Tsitsiragos, Vice President, Global Client Services & (former) Vice President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, IFC
• Laura Tuck, Vice President, Europe and Central Asia
• Xian Zhu, Vice President and Chief Ethics Officer

“Public trust and confidence are invaluable assets for governments and institutions. The Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making amongst investors, businesses, and households.”

Jim Yong Kim, President

The World Bank Group has a declaration of interests program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

In the spirit and interest of good organizational governance and transparency, the declaration of interests program for the Bank Group’s Senior Management Team and Vice Presidents includes public disclosure of summaries of their annual declarations of interests. Public disclosure of this information helps demonstrate to stakeholders that, in the discharge of their official duties and responsibilities, the Bank Group’s senior managers are not, and do not appear to be, influenced by any consideration associated with their own private interests.

The Office of Ethics and Business Conduct reviews in-depth and certifies the declarations of the Senior Management Team and Vice Presidents. The summary disclosure statements are posted on this site after an independent accounting firm has performed agreed-upon procedures to evaluate the consistency of the summary with the more detailed internally disclosed information. That agreed-upon procedures engagement is conducted in accordance with standards promulgated by the American Institute of Certified Public Accountants.

All links are PDFs.

• Jim Yong Kim, President
• Sri Mulyani Indrawati, Managing Director and Chief Operating Officer & (former) Managing Director
• Bertrand Badre, Managing Director and World Bank Group Chief Financial Officer & (former) World Bank Group Managing Director, Finance
• Mahmoud Mohieldin, President’s Special Envoy
• Kaushik Basu, Senior Vice President and Chief Economist
• Jin-Yong Cai, Executive Vice President, International Finance Corporation
• Keiko Honda, Executive Vice President, Multilateral Investment Guarantee Agency
• Anne-Marie Leroy, Senior Vice President and World Bank Group General Counsel
• Jorge Familiar Calderon, Vice President and Corporate Secretary
• Sean McGrath, Vice President, Human Resources
• Sanjay Pradhan, Vice President, World Bank Change, Knowledge, and Learning & (former) Vice President, World Bank Institute
• Cyril Muller, Vice President, External and Corporate Relations
• Keith Hansen, Vice President, Global Practices
• Snezana Stoiljkovic, Vice President, Global Practices & (former) Vice President, Business Advisory Services, IFC
• Pedro Alba, Vice President for Budget, Strategic Planning and Performance Review
• Joachim von Amsberg, Vice President, Concessional Finance and Global Partnerships & (former) Vice President and Head of Network, Operations Policy and Country Services
• Inger Andersen, Vice President, Middle East and North Africa
• Madelyn Antoncic, Vice President and Treasurer
• Makhtar Diop, Vice President, Africa
• Karin Finkelston, Vice President, Asia Pacific, IFC
• Stephanie von Friedeburg, Vice President & WBG Chief Information Officer
• Caroline Heider, Director General, Evaluation
• Jingdong Hua, Vice President, Treasury and Syndications, IFC
• Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility
• Saadia Khairi, Vice President, Risk Management and Strategy
• Rachel Kyte, Vice President and Head of Network, Sustainable Development
• Bernard Lauwers, Vice President and WBG Controller
• Philippe H. Le Houerou, Vice President, South Asia & (former) Vice President, Europe and Central Asia
• Leonard Frank McCarthy, Vice President for Institutional Integrity
• Roland K. Peters, Vice President and Head of Network, Operations Policy and Country Services
• Jean Philippe Prosper, Vice President, Sub-Saharan Africa, Western Europe, and Latin America, IFC
• Lakshmi Shyam-Sunder, Vice President and World Bank Group Chief Risk Officer
• Ethiopis Tafara, Vice President and General Counsel, IFC
• Meg Taylor, Compliance Advisor/Ombudsman, IFC, MIGA
• Axel van Trotsenburg, Vice President, East Asia and Pacific & (former) Vice President, Concessional Finance and Global Partnerships
• Dimitris Tsitsiragos, Vice President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, IFC
• Laura Tuck, Vice President, Europe and Central Asia
• Hasan A. Tuluy, Vice President, Latin America and the Caribbean
• Michael Wormser, Vice President and Chief Operating Officer, MIGA
• Xian Zhu, Vice President and Chief Ethics Officer

“Public trust and confidence are invaluable assets for governments and institutions. The Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making amongst investors, businesses and households.”

Jim Yong Kim, President

The World Bank Group has a declaration of interests program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

The 2008 World Bank Group Annual Report announced that for the first time there would be public disclosure of financial and outside interests by the Bank Group’s Senior Management Team. In the spirit and interest of good organizational governance and transparency, the Bank Group’s Senior Management Team had agreed to make summaries of their disclosures public. In 2009, many of the Bank Group’s Vice Presidents also elected to make summaries of their disclosures public. Currently, the Senior Management Team/Vice Presidents Financial Disclosure Program includes public disclosure for all participants.

The Office of Ethics and Business Conduct reviews in-depth and certifies the declarations of the Senior Management Team and Vice Presidents. The summary disclosure statements are posted on this site after an independent accounting firm has performed agreed-upon procedures to evaluate the consistency of the summary with the more detailed internally-disclosed information. That agreed-upon procedures engagement is conducted in accordance with standards promulgated by the American Institute of Certified Public Accountants.

Senior Management Team members

• Jim Yong Kim, President (pdf)
• Sri Mulyani Indrawati, Managing Director (pdf)
• Mahmoud Mohieldin, Managing Director (pdf)
• Caroline D. Anstey, Managing Director (pdf)
• Bertrand Badre, Managing Director and World Bank Group Chief Financial Officer (pdf)
• Kaushik Basu, Senior Vice President for Development Economics and World Bank Chief Economist (pdf)
• Jin-Yong Cai, Executive Vice President, International Finance Corporation (pdf)
• Izumi Kobayashi, Executive Vice President, Multilateral Investment Guarantee Agency (pdf)
• Anne-Marie Leroy, Senior Vice President and General Counsel (pdf)
• Caroline Heider, Director General, Evaluation (pdf)

Vice Presidents

• Joachim von Amsberg, Vice President and Head of Network, Operations Policy and Country Services (pdf)
• Inger Andersen, Vice president, Middle East and North Africa (pdf)
• Madelyn Antoncic, Vice President and Treasurer (pdf)
• Dorothy H. Berry, Vice President, Human Resources, Communications and Administration, IFC (pdf)
• Clare Brady, Vice President and Auditor General (pdf)
• Otaviano Canuto, Vice President and Head of Network, Poverty Reduction and Economic Management (pdf)
• Pamela Cox, Vice President, East Asia and Pacific (pdf)
• Janamitra Devan, Vice President and Head of Network, Financial and Private Sector Development (pdf)
• Makhtar Diop, Vice President, Africa (pdf)
• Jorge Familiar Calderon, Vice President and Corporate Secretary (pdf)
• Karin Finkelston, Vice President, Asia Pacific, IFC (pdf)
• Stephanie von Friedeburg, World Bank Group Chief Information Officer and Vice President, Information Management and Technology (pdf)
• Isabel M. Guerrero, Vice President, South Asia (pdf)
• Jingdong Hua, Vice President, Treasury and Information Technology, IFC (pdf)
• Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility (pdf)
• Rashad-R. Kaldany, Vice President, Global Industries, IFC (pdf)
• Saadia Khairi, Vice President, Risk Management and Strategy, IFC (pdf)
• Robert Irving Kopech, Vice President and Group Chief Risk Officer (pdf)
• Rachel Kyte, Vice President and Head of Network, Sustainable Development (pdf)
• Philippe H. Le Houerou, Vice President, Europe and Central Asia (pdf)
• Tamar Manuelyan Atinc, Vice President and Head of Network, Human Development (pdf)
• Leonard Frank McCarthy, Vice President for Institutional Integrity (pdf)
• Charles A. McDonough, Vice President and Controller (pdf)
• Sean McGrath, Vice President, Human Resources (pdf)
• Cyril Muller, Vice President, External Affairs (pdf)
• Kyle Peters, Vice President and Head of Network, Operations Policy and Country Services (pdf)
• Sanjay Pradhan, Vice President, World Bank Institute (pdf)
• Jean Philippe Prosper, Vice President, Sub-Saharan Africa, Western Europe, and Latin America, IFC (pdf)
• Robert V. Pulley, Vice President, Corporate Finance and Risk Management (pdf)
• Nena Stoiljkovic, Vice President, Business Advisory Services, IFC (pdf)
• Ethiopis Tafara, Vice President and General Counsel, IFC (pdf)
• Meg Taylor, Compliance Advisor/Ombudsman, IFC and MIGA (pdf)
• Axel van Trotsenburg, Vice President, Concessional Finance and Global Partnerships (pdf)
• Dimitris Tsitsiragos, Vice President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, IFC (pdf)
• Hasan A. Tuluy, Vice President, Latin America and the Caribbean (pdf)
• Michel Wormser, Vice President and Chief Operating Officer, MIGA (pdf)
• Xian Zhu, Vice President and Chief Ethics Officer (pdf)

“Public trust and confidence are invaluable assets for governments and institutions. The Bank Group is already active in promoting transparency in public finances and strengthening governance. This is an increasingly important area of engagement because it drives confidence and decision making amongst investors, businesses and households.”

Jim Yong Kim, President

The World Bank Group has a financial disclosure program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

The 2008 World Bank Group Annual Report announced that for the first time there would be public disclosure of financial and outside interests by the Bank Group’s Senior Management Team. In the spirit and interest of good organizational governance and transparency, the Bank Group’s Senior Management Team had agreed to make summaries of its disclosures public. In 2009, many of the Bank Group’s Vice Presidents also elected to make summaries of their disclosures public. Since then, the Senior Management Team/Vice Presidents Financial Disclosure Program includes public disclosure for all participants.*

The declarations of interests filed by the members of the Senior Management Team and Vice Presidents are more comprehensive than under the regular staff program, given the breadth of their responsibilities. The Office of Ethics and Business Conduct reviews in-depth and certifies the declarations of the Senior Management Team and Vice Presidents. The summary disclosure statements are posted on this site after an independent accounting firm has performed agreed-upon procedures to evaluate the consistency of the summary with the more detailed internally-disclosed information. That agreed-upon procedures engagement is conducted in accordance with standards promulgated by the American Institute of Certified Public Accountants.

Senior Management Team members

• Jim Yong Kim, President (pdf)
• Robert B. Zoellick, (former) President (pdf)
• Sri Mulyani Indrawati, Managing Director (pdf)
• Mahmoud Mohieldin, Managing Director (pdf)
• Caroline D. Anstey, Managing Director and (former) Vice President, External Affairs (pdf)
• Vincenzo La Via, (former) Chief Financial Officer (pdf)
• Lars H. Thunell, (former) Executive Vice President, International Finance Corporation (pdf)
• Izumi Kobayashi, Executive Vice President, Multilateral Investment Guarantee Agency (pdf)
• Yifu Lin, (former) Senior Vice President and Chief Economist (pdf)
• Anne-Marie Leroy, Senior Vice President and General Counsel (pdf)
• Caroline Heider, Director General, Evaluation (pdf)

Vice Presidents

• Inger Andersen, Vice president, Middle East and North Africa and (former) Vice President and Head of Network, Sustainable Development (pdf)
• Madelyn Antoncic, Vice President and Treasurer (pdf)
• Monique Barbut, (former) Chief Executive Officer and Chairman, Global Environment Facility (pdf)
• Dorothy H. Berry, Vice President, Human Resources, Communications and Administration, IFC (pdf)
• Clare Brady, Vice President and Auditor General (pdf)
• Otaviano Canuto, Vice President and Head of Network, Poverty Reduction and Economic Management (pdf)
• Pamela Cox, Vice President, Latin America and the Caribbean (pdf)
• Janamitra Devan, Vice President and Head of Network, Financial and Private Sector Development (pdf)
• Obiageli Katryn Ezekwesili, (former) Vice President, Africa (pdf)
• Jorge Familiar Calderon, Vice President and Corporate Secretary (pdf)
• Karin Finkelston, Vice President, Asia, IFC (pdf)
• Isabel M. Guerrero, Vice President, South Asia (pdf)
• Jingdong Hua, Vice President, Treasury and Information Technology, IFC (pdf)
• Rashad-R. Kaldany, Vice President, Global Industries and (former) Vice President, Middle East and North Africa, Asia, and Global Infrastructure, IFC (pdf)
• Saadia Khairi, Vice President, Risk Management and Strategy, IFC (pdf)
• Robert Irving Kopech, Vice President and Group Chief Risk Officer (pdf)
• Rachel Kyte, Vice President and Head of Network, Sustainable Development and (former) Vice President, Business Advisory Services, IFC (pdf)
• Philippe H. Le Houerou, Vice President, Europe and Central Asia (pdf)
• Shelley B. Leibowitz, (former) Vice President and World Bank Group Chief Information Officer (pdf)
• Tamar Manuelyan Atinc, Vice President and Head of Network, Human Development (pdf)
• Leonard Frank McCarthy, Vice President for Institutional Integrity (pdf)
• Charles A. McDonough, Vice President and Controller (pdf)
• Cyril Muller, Vice President, External Affairs (pdf)
• Sanjay Pradhan, Vice President, World Bank Institute (pdf)
• Robert V. Pulley, Vice President, Corporate Finance and Risk Management (pdf)
• Rachel Robbins, Vice President and General Counsel, IFC (pdf)
• Nena Stoiljkovic, Vice President, Business Advisory Services, IFC (pdf)
• Meg Taylor, Compliance Advisor/Ombudsman, IFC and MIGA (pdf)
• Dimitris Tsitsiragos, Vice President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, IFC (pdf)
• Hasan A. Tuluy, Vice President, Human Resources (pdf)
• Axel van Trotsenburg, Vice President, Concessional Finance and Global Partnerships (pdf)
• Joachim von Amsberg, Vice President and Head of Network, Operations Policy and Country Services (pdf)
• Michel Wormser, Vice President and Chief Operating Officer, MIGA (pdf)
• Xian Zhu, Vice President and Chief Ethics Officer (pdf)

* There is one exception, for security purposes: Thierry A. Tanoh, (former) Vice President, Sub-Saharan Africa, Western Europe, and Latin America, IFC

“As the leaders of the World Bank Group, we have an obligation to those we serve and those who support our work to maintain high standards of business conduct. That includes being a model of good governance practices such as transparency.”

Robert B. Zoellick, President

The World Bank Group has a financial disclosure program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit their confidential financial disclosures on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.

The 2008 World Bank Group Annual Report announced that for the first time there would be public disclosure of financial and outside interests by the Bank Group’s Senior Management Team. In the spirit and interest of good organizational governance and transparency, the Bank Group’s Senior Management Team had agreed to make summaries of its disclosures public. In 2009, many of the Bank Group’s Vice Presidents also elected to make summaries of their disclosures public. Beginning last year and continuing this year, the Senior Management Team/Vice Presidents Financial Disclosure Program includes public disclosure for all participants with a single exception for security purposes.*

The disclosures filed by the members of the Senior Management Team and Vice Presidents are more comprehensive than under the regular staff program, given the breadth of their responsibilities. The Office of Ethics and Business Conduct reviews in-depth and certifies the disclosures of the Senior Management Team and Vice Presidents. The summary disclosure statements are posted on this site after an independent accounting firm has performed agreed-upon procedures to evaluate the consistency of the summary with the more detailed internally-disclosed information. That agreed-upon procedures engagement is conducted in accordance with standards promulgated by the American Institute of Certified Public Accountants.

Senior Management Team members

• Robert B. Zoellick, President (pdf)
• Ngozi N. Okonjo-Iweala, (former) Managing Director (pdf)
• Sri Mulyani Indrawati, Managing Director (pdf)
• Mahmoud Mohieldin, Managing Director (pdf)
• Vincenzo La Via, Chief Financial Officer (pdf)
• Lars H. Thunell, Executive Vice President, International Finance Corporation (pdf)
• Izumi Kobayashi, Executive Vice President, Multilateral Investment Guarantee Agency (pdf)
• Yifu Lin, Senior Vice President and Chief Economist (pdf)
• Anne-Marie Leroy, Senior Vice President and General Counsel (pdf)
• Vinod Thomas, (former) Director General, Independent Evaluation (pdf)

Vice Presidents

• James W. Adams, Regional Vice President, East Asia and Pacific (pdf)
• Shamshad Akhtar, (former) Vice President, Middle East and North Africa (pdf)
• Inger Andersen, Vice President and Head of Network, Sustainable Development (pdf)
• Caroline D. Anstey, Vice President, External Affairs (pdf)
• Monique Barbut, Chief Executive Officer and Chairman, Global Environment Facility (pdf)
• Dorothy H. Berry, Vice President, Human Resources, Communications and Administration, IFC (pdf)
• Clare Brady, Vice President and Auditor General (pdf)
• Otaviano Canuto, Vice President and Head of Network, Poverty Reduction and Economic Management (pdf)
• Pamela Cox, Vice President, Latin America and the Caribbean (pdf)
• Janamitra Devan, Vice President and Head of Network, Financial and Private Sector Development (pdf)
• Obiageli Katryn Ezekwesili, Vice President, Africa (pdf)
• Jorge Familiar Calderon, Vice President and Corporate Secretary (pdf)
• Isabel M. Guerrero, Vice President, South Asia (pdf)
• Rashad-R. Kaldany, Vice President, Middle East and North Africa, Asia, and Global Infrastructure, IFC (pdf)
• Saadia Khairi, Vice President, Risk Management and Strategy, IFC (pdf)
• Jyrki I. Koskelo, (former) Vice President, Global Industries and Services, IFC (pdf)
• Rachel Kyte, Vice President, Business Advisory Services, IFC (pdf)
• Philippe H. Le Houerou, Vice President, Europe and Central Asia (pdf)
• Shelley B. Leibowitz, Vice President and World Bank Group Chief Information Officer (pdf)
• Tamar Manuelyan Atinc, Vice President and Head of Network, Human Development (pdf)
• Leonard Frank McCarthy, Vice President for Institutional Integrity (pdf)
• Charles A. McDonough, Vice President and Controller (pdf)
• Sanjay Pradhan, Vice President, World Bank Institute (pdf)
• Robert V. Pulley, Vice President, Corporate Finance and Risk Management (pdf)
• Rachel Robbins, Vice President and General Counsel, IFC (pdf)
• Meg Taylor, Compliance Advisor/Ombudsman, IFC and MIGA (pdf)
• Hasan A. Tuluy, Vice President, Human Resources (pdf)
• Axel van Trotsenburg, Vice President, Concessional Finance and Global Partnerships (pdf)
• Joachim von Amsberg, Vice President and Head of Network, Operations Policy and Country Services (pdf)

* Thierry A. Tanoh, Vice President, Sub-Saharan Africa, Western Europe, and Latin America, IFC (Position exempt from public disclosure)