Like all 185 member countries of the World Bank Group, Germany is represented in its governing councils by a Governor and an Alternate Governor. Mrs Heidemarie Wieczorek-Zeul, Minister for Economic Cooperation and Development (BMZ), serves as German Governor for the World Bank and Mr. Joerg Asmussen, Secretary of State in the Ministry of Finance, serves as Alternate Governor. Because these officers meet only once a year to decide on key actions such as admitting new members or changing the authorized capital stocks, they delegate responsibility for overseeing the day-to-day business of the institutions to their designated representatives on the World Bank's Executive Board. These Board members, called Executive Directors, reside in Washington and meet regularly throughout the year (normally at least twice a week) to review and act on lending operations, new policy directions, and financial matters. In keeping with the World Bank's information disclosure policy, the monthly Board Calendar is now a public document, here. The 24-member Executive Board is made up of five Executive Directors who are appointed by the five largest shareholders (in alphabetical order, France, Germany, Japan, the United Kingdom and the United States) and 19 others who are elected by groups of countries to represent their interests. The position of Executive Director for Germany is currently held by Mr. Michael John Hofmann, German National. This official is supported in his functions by an Alternate Executive Director, who is currently Mr. Rüdiger von Kleist, German National, as well as by a team of advisors and locally hired staff. Office of the Executive Director for Germany (EDS05) The World Bank 1818 H Street, N.W., Mail Stop MC 11-1109 Washington, DC 20433 USA Tel: (202) 458-1183 Fax: (202) 477-7849 Executive Directors for each country Office of the Executive Director for Germany Board work programm Shares and voting power
Shares and Voting Power for Germany Voting shares for each country |
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