Public Financial Disclosure for World Bank Group Leadership


“We have made a firm commitment to our clients, shareholders and partners to lead by example and uphold high standards of transparency and accountability. The Declaration of Interest program shows that we take this commitment seriously and helps build public trust and confidence in our institution.”

–Kristalina Georgieva, Chief Executive Officer, IBRD/IDA

Other Years

The World Bank Group (WBG)[1] 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 WBG. 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 WBG’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 World 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 World Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the World 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 World Bank Group’s senior leaders for calendar year 2018 are accessible below. The public information in this declaration pertains to non-Bank Group positions and agreements or arrangements. All links are PDFs.

  1. David Malpass, President, World Bank Group 
  2. Kristalina Georgieva, Chief Executive Officer of the World Bank
  3. Philippe Le Houérou, Chief Executive Officer, International Finance Corporation (IFC)
  4. Keiko Honda, Executive Vice President and Chief Executive Officer, Multilateral Investments Guarantee Agency (MIGA)
  5. Shaolin Yang, Managing Director and WBG Chief Administrative Officer
  6. Bernard Lauwers, Acting Managing Director and WBG Chief Financial Officer
  7. Subramaniam Vijay Iyer, Vice President and Chief Operating Officer, MIGA
  8. Stephanie von Friedeburg, Chief Operating Officer, IFC
  9. Sandie Okoro, Senior Vice President and WBG General Counsel
  10. Mahmoud Mohieldin, Senior Vice President, 2030 Development Agenda, UN Relations, and Partnerships
  11. Pinelopi Koujianou Goldberg, WBG Chief Economist
  12. Alison Evans, Director General, Independent Evaluation Group
  13. Anke D’Angelo, Vice President and Auditor General
  14. Osvaldo Gratacós, Vice President and Compliance Advisor/Ombudsman, IFC & MIGA
  15. Yvonne M. Tsikata, Vice President and Corporate Secretary
  16. Sheila Redzepi, Vice President, WBG External and Corporate Relations
  17. Antonella Bassani, Vice President, Budget, Performance Review, and Strategic Planning
  18. Jorge Familiar Calderon, Vice President and WBG Controller
  19. Jingdong Hua, Vice President and Treasurer
  20. Lakshmi Shyam-Sunder, Vice President and WBG Chief Risk Officer
  21. Pascale Helene Dubois, Vice President, Institutional Integrity
  22. Ousmane Diagana, Vice President, Human Resources Development
  23. Denis Robitaille, Vice President and Chief Information Officer WBG Information & Technology Solutions
  24. Axel van Trotsenburg, Vice President, Latin America and Caribbean
  25. Cyril Muller, Vice President, Europe and Central Asia
  26. Hafez Ghanem, Vice President, Africa
  27. Hartwig Schafer, Vice President, South Asia
  28. Ferid Belhaj, Vice President, Middle East & North Africa
  29. Victoria Kwakwa, Vice President, East Asia and Pacific
  30. Makhtar Diop, Vice President, Infrastructure
  31. Annette Dixon, Vice President, Human Development
  32. Karin Finkelston, Vice President, Partnerships, Communication and Outreach, IFC
  33. Mohamed Gouled, Vice President, Risk and Financial Sustainability, IFC
  34. Hans Peter Lankes, Vice President, Economics and Private Sector Development, IFC
  35. Ethiopis Tafara, Vice President and General Counsel, IFC Legal, Compliance Risk and ESG Sustainability
  36. Monish Mahurkar, Vice President, Corporate Strategy & Resources, IFC
  37. Marcos Brujis, Vice President and CEO, IFC Asset Management Company
  38. John Gandolfo, Vice President and Treasurer, IFC Treasury & Syndications
  39. Laura Tuck, Vice President, Sustainable Development
  40. Manuela Ferro, Vice President, Operations Policy and Country Services
  41. Ceyla Pazarbasioglu-Dutz, Vice President, Equitable Growth, Finance and Institutions
  42. Nena Stoiljkovic, Vice President, South Asia and East Asia & Pacific, IFC
  43. Georgina Baker, Vice President, Latin America & Caribbean, and Europe & Central Asia, IFC
  44. Sergio Pimenta, Vice President, Middle East & Africa, IFC
  45. Akihiko Nishio, Vice President, Development Finance
  46. Jorge Dajani González, WBG Chief Ethics Officer
  47. Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility Secretariat


Other Years