Investor Presentaiton

CORPORATE MANAGEMENT STRUCTURE == BOARD OF GOVERNORS Countries or international financial entities who share the goals and principles that guide the Bank's activities can become members of the Bank, if they are ready to assume the corresponding obligations. The 'Council', also known as the Board of Governors, is the supreme governing body of the Bank, and consists of authorized representatives of countries, drawn from the highest-ranking officials of member countries. The Council identifies the general activities of the Bank and the development strategy, and resolves to accept new members to the Bank, open offices and branches, as well as takes other fundamental decisions, in compliance with the Bank Statutes. HR AND COMPENSATION COMMITTEE An advisory body attached to the Board of Directors, the main function of this Committee is to verify that the bank complies with HR policies, rules and regulations. BOARD OF DIRECTORS The Board of Directors is a governing body that consists of representatives, nominated by the Bank members. This body is responsible for general leadership, monitoring Bank activities, as it exercises governance over the core areas of activity. The Board if Directors answers to the Council. AUDITING COMMITTEE The Auditing Committee (AC) is a governing body responsible for financial control of the Bank, and consists of experts appointed by the Council. It is subordinate both to the Board of Directors and to the Council. INTERNATIONAL INVESTMENT BANK MANAGEMENT BOARD The Management Board is the executive body of the Bank, appointed by the Council, and is responsible for day-to-day management of the activities of the Bank in compliance with the Statutes, and resolutions of the Board of Directors and the Council of Governors. 3

View entire presentation