Like all 185 member countries of the World Bank Group, Switzerland is represented in its governing councils by a Governor and an Alternate Governor. Ms. Doris Leuthard, Federal Councillor and Minister of Economic Affairs, serves as Switzerland Governor for the World Bank and Ms. Micheline Calmy-Rey, Federal Councillor and Minister of Foreign Affairs, 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.
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.
Switzerland's IBRD, IFC and MIGA Board representation is shared with Azerbaijan, Kyrgyz Republic, Poland, Tajikistan, Turkmenistan, Uzbekistan, and Serbia. Its IDA Board representation is also shared with these countries, excluding Belarus. Mr. Michel Mordasini, national from Switzerland, is the Executive Director for this group. He is supported in his functions by an Alternate Executive Director, who is currently Mr. Jakub Marek Karnowski, national from Poland, as well as by a team of advisors and locally hired staff.
Site of the Office of the Executive Director (EDS24)
Email: EDS24@worldbank.org
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