Leadership

IFI governance

News

Civil society calls for an end to the 'gentleman's agreement' and a merit-based, open and transparent MD selection process

Civil society calls for the IMF to ensure the next MD selection process is undertaken in accordance with a merit-based, open and transparent process, underpinned by criteria involving a demonstrated commitment to international human rights, feminist principles, green and equitable development, as well as  publicly available shareholder votes.

26 March 2024 | Letters

IFI governance

News

World Bank announces management staff changes, including key players in the ‘evolution roadmap’ process

Anna Bjerde appointed as Bank’s managing director of operations as Axel van Trotsenburg replaces Mari Pangetsu as managing director of development policy and partnerships.

5 April 2023

Finance

Analysis

World Bank Group Evolution: Technical fixes or urgently needed reform?

World Bank Evolution Roadmap’s proposed superficial technical patches favouring the ‘logic’ of the market will likely fail to deliver the structural changes needed to support borrowing countries amidst global crises.

19 July 2023 | At Issue

IFI governance

Analysis

Democratic deficit in World Bank presidential appointment: Where is the evolution?

The World Bank Group needs to address its democratic deficit and lack of accountability. As it prepares to elect a new president and implement its “evolution roadmap”, it should use these key opportunities to embrace a profound reform.

5 April 2023

IFI governance

Analysis

The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform

As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.

5 April 2023 | At Issue

Social services

News

Malpass makes World Bank a pariah with opposition to TRIPS waiver

World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines

13 July 2021

IFI governance

Commentary

BWP's reaction to the resignation of World Bank's President David Malpass

The new World Bank's president should be appointed through a merit-based, transparent process with criteria publicly available and candidates being able to present their platform.

17 February 2023 | Statement

IFI governance

News

IMF's Independent Evaluation Office appoints new director and releases 2023 work plan

Changes in leadership have been announced at the WB Independent Evaluation Group and IMF Independent Evaluation Office. Furthermore, the IMF IEO published its 2023 Work plan introducing two new governance evaluations of the IMF’s mandate and its Exceptional Access Policy.

8 December 2022

Knowledge

News

It’s just the tip of the iceberg: civil society organisations call for an overhaul of the World Bank following the Doing Business Report scandal

More than 140 CSO groups and individuals call on the World Bank to focus on grappling with the harms caused by its undemocratic governance structure and biased publications like the Doing Business Report, and to take measures to decolonise the institution.

19 April 2022 | Letters

IFI governance

News

Staff changes in key positions at the IMF reflect adherence to out-dated gentleman’s agreement

IMF announces leadership changes as Gita Gopinath promoted to First Deputy Managing Director, Pierre-Olivier Gourinchas named Chief Economist, and Nadia Calviño heads IMFC.

6 April 2022