Innovation and partnership bond the five institutions of the World Bank Group (WBG): the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth, and improve quality of life. To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the World Bank Group is constantly seeking to improve the way it works. Key priorities include delivering measurable results, promoting openness and transparency in development, and improving access to development information and data.
In the context of the World Bank's broad development agenda, the Legal Vice Presidency provides legal services required by the World Bank and plays an active role in all the World Bank's activities. In addition, the Legal Vice Presidency helps to ensure that all World Bank's activities comply with the Institution's Articles of Agreement, policies and procedures. Organizationally, the Legal Vice Presidency includes geographically-based regional Operational Practice Groups devoted to the legal and policy aspects of the World Bank's lending operations, and Corporate Practice Groups, which provide advice on corporate finance, administrative and institutional matters for the World Bank.