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Public Financial Disclosure for World Bank Group Leadership



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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 2019 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. Axel van Trotsenburg, Managing Director, Operations
  3. Anshula Kant, Managing Director and World Bank Group Chief Financial Officer
  4. Mari Pangestu, Managing Director, Development Policy and Partnerships
  5. Philippe Le Houérou, Chief Executive Officer, International Finance Corporation (IFC)
  6. Hiroshi Matano, Executive Vice President and Chief Executive Officer, Multilateral Investments Guarantee Agency (MIGA)
  7. Shaolin Yang, Managing Director and WBG Chief Administrative Officer
  8. Bernard Lauwers, Vice President, Institutional Projects 
  9. Subramaniam Vijay Iyer, Vice President and Chief Operating Officer, MIGA
  10. Stephanie von Friedeburg, Chief Operating Officer, IFC
  11. Christopher Stephens, Vice President and General Counsel, Legal and Compliance Risk, IFC
  12. Sandie Okoro, Vice President and WBG General Counsel
  13. Pinelopi Koujianou Goldberg, WBG Chief Economist
  14. Alison Evans, Director General, Independent Evaluation Group
  15. Anke D’Angelo, Vice President and Auditor General
  16. Osvaldo Gratacós, Vice President and Compliance Advisor/Ombudsman, IFC & MIGA
  17. Yvonne M. Tsikata, Vice President and Corporate Secretary
  18. Sheila Redzepi, Vice President, WBG External and Corporate Relations
  19. Antonella Bassani, Vice President, Budget, Performance Review, and Strategic Planning
  20. Jorge Familiar Calderon, Vice President and WBG Controller
  21. Jingdong Hua, Vice President and Treasurer
  22. Lakshmi Shyam-Sunder, Vice President and WBG Chief Risk Officer
  23. Ousmane Diagana, Vice President, Human Resources Development
  24. Denis Robitaille, Vice President and Chief Information Officer WBG Information & Technology Solutions
  25. J. Humberto Lopez, Acting Vice President, Latin America and Caribbean 
  26. Cyril Muller, Vice President, Europe and Central Asia
  27. Hafez Ghanem, Vice President, Africa
  28. Hartwig Schafer, Vice President, South Asia
  29. Ferid Belhaj, Vice President, Middle East & North Africa
  30. Victoria Kwakwa, Vice President, East Asia and Pacific
  31. Makhtar Diop, Vice President, Infrastructure
  32. Annette Dixon, Vice President, Human Development
  33. Karin Finkelston, Vice President, Partnerships, Communication and Outreach, IFC
  34. Mohamed Gouled, Vice President, Risk and Financial Sustainability, IFC
  35. Hans Peter Lankes, Vice President, Economics and Private Sector Development, IFC
  36. Ethiopis Tafara, Acting Vice President, Institutional Integrity, World Bank and Vice President and Chief Risk, Legal and Administrative Officer, MIGA
  37. Monish Mahurkar, Vice President, Corporate Strategy & Resources, IFC
  38. Marcos Brujis, Vice President and CEO, IFC Asset Management Company
  39. John Gandolfo, Vice President and Treasurer, IFC Treasury & Syndication
  40. Manuela Ferro, Vice President, Operations Policy and Country Services
  41. Ceyla Pazarbasioglu-Dutz, Vice President, Equitable Growth, Finance and Institutions
  42. Georgina Baker, Vice President, Latin America & Caribbean, and Europe & Central Asia, IFC
  43. Sergio Pimenta, Vice President, Middle East & Africa, IFC
  44. Akihiko Nishio, Vice President, Development Finance
  45. Jorge Dajani González, WBG Chief Ethics Officer
Appointments reflective from January 1, 2020
  1. Juergen Voegele, Vice President, Sustainable Development, World Bank
  2. Mamta Murthi, Vice President, Human Development, World Bank
  3. Carlos Felipe Jaramillo, Regional Vice President, Latin America and the Caribbean, World Bank


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