71872
  FROM:        Vice President and Corporate Secretary

 

                    Minutes of Joint Meeting of the Executive Directors of the Bank and IDA,
                                 and the Boards of Directors of IFC and MIGA,
                       held in the Board Room on Thursday, June 14, 2012, at 10:38 a.m.

 

  1.        There were present:
                                                            CO-CHAIRs:
 
                                               C.D. Anstey, Managing Director
                                        I. Kobayashi, Executive Vice President, MIGA
                                                D. Berry, Vice President, IFC
 
    EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:
 
    A.   Alkaffas (Alternate)                                   I.    Hoven
    I.   Alturki (Alternate)                                    K. Huber
    B.   Bogicevic (Temporary Alternate)                        A. Mendes Dias
    D.   Bohan (Alternate)                                      S.    Moorehead
    A.   Brandt                                                 M.-L. Morin
    P.   Cipollone                                              M. Muhtar (Alternate)
    V.   Daza Foronda (Alternate)                               M.N. Prasad
    V.   Dhanpaul (Alternate)                                   I.    Solomon
    S.   Dib (Alternate)                                        H.A. Taha
    A.   Fayolle                                                V. Tamozhnikov (Temporary Alternate)
    J.   Frieden                                                J.    Whitehead
    M.   Garcia                                                 S.    Yang
    N.   Hayashi
 
    ALTERNATES NOT ACTING AS EXECUTIVE DIRECTORS:
  G.     Alzetta                                                M.S.    Kayad
  K.     Aminul Islam                                           W.      Rissmann
  S.     Aviel                                                  W.      Szczuka
  K.     Dalrymple                                              Y.      Takamura
  S.     James                                                  A.      Touret-Blondy
  D.     Kalyalya

    OFFICERS AND STAFF PARTICIPATING:

    J.    Familiar, Vice President                              A.-M.      Betancourt, General Counsel, MIGLC
          and Corporate Secretary                               S.         McGrath, Vice President, HRSVP
    A.-M. Leroy, Senior Vice President and                      M.         Brookbank, Director, HRSEC
          Group General Counsel, LEGVP                          C.O.       Seydi, Director, CHRDR
    R.    Robbins, Vice President and                           R.         McColgan-Arnold, WBGSA
          General Counsel, CLVVP                                B.         Geiser, Corporate Secretariat


This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its
contents may not otherwise be disclosed without World Bank Group authorization. 
 
                                                                   -2-


  2012 Review of Staff Compensation for the World Bank Group

  2.       The Executive Directors considered the President’s Memorandum and Report entitled "2012
  Review of Staff Compensation for the World Bank Group
  (R2012-0108/1/2[IFC/R2012-0151/1/2, MIGA/R2012-0027/1/2], dated May 9, May 10, and June 12,
  2012, respectively; and, subsequently, R2012-0108/3[IFC/R2012-0151/3, MIGA/R2012-0027/3], dated
  June 18, 2012). The Directors approved the recommendations contained in paragraphs 5, 6, and 7 of the
  President's Memorandum and summarized in paragraphs 34 to 36 of the Report. Ms. Brandt, Mr.
  Cipollone, Mr. Fayolle, Ms. Garcia, Ms. Moorehead, Ms. Morin, Mr. Solomon, and Mr. Treffers wished
  to be recorded as abstaining.
 
  Minutes of Previous Meetings
 
  3.       The Executive Directors recorded their approval on June 7, 2012 of the Minutes of joint
  meetings held on May 17, 2012 (M2012-0040[IDA/M2012-0040, IFC/M2012-0036,
  MIGA/M2012-0020]) and May 22, 2012 (M2012-0041[IDA/M2012-0041, IFC/M2012-0037]).
 
  Independent Evaluation Group Work Program and Budget (FY13) and Indicative Plan
  (FY14-FY15)

  4.      The Executive Directors recorded their approval on June 6, 2012 of the Memorandum and Report
  of the Director-General, Independent Evaluation Group, as revised, entitled "Independent Evaluation
  Group Work Program and Budget (FY13) and Indicative Plan (FY14-FY15)"
  (R2012-0103/1[IFC/R2012-0148/1, MIGA/R2012-0026/1], dated May 9 and May 25, 2012,
  respectively).

  Adjournment

  5.        The meeting adjourned at 11:46 a.m.

 

 

 

 

                                          




This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its
contents may not otherwise be disclosed without World Bank Group authorization.