Audit Committee Minutes - February 12, 2024 - Adjourned at 4:54 p.m.

Jul 19, 2026

Uploaded by Skyler

Audit Committee minutes document the meeting held on February 12, 2024 at 2:32 p.m. in the Board Room. Committee members reviewed interim financial information and multiple draft financial statements for the World Bank Group entities, including MIGA and IFC, alongside management discussion and analysis materials and a Deloitte review presentation. The committee also discussed Deloitte’s 2024 client service plan and prepared reports to the Board. The meeting concluded at 4:54 p.m.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages2

Reading Time5 min

AccessFree to download

Meeting Details

Attendance

Financial Statement Review

Reviewed Materials

Deloitte Client Service Plan

Discussion Outcomes

Adjournment

Public Disclosure Authorized Public Disclosure Authorized AUDIT COMMITTEE FROM: The Committee Secretary Minutes of Meeting held on Monday, February 12, 2024 at 2:32 p.m. in the Board Room Present Committee Members: A. Buisse (Chair) H. Demircan L. Lind E. Rhuggenaath S. Saeed (Alternate) W. Saputra P. Wisner (Temporary Alternate) W. Yang (Alternate) Other Executive Directors, Alternates, Senior Advisors and Advisors Z. Ahmed A. Bucalossi E. Busygin N. Cabiles W. Charafeddine S. Chelala A. Das A. Dravniece L. Engozogo Mba O. Fuentes J. Halwoodi Officers and Staff M. Child D. Dobrev B. Fischer J. Frazier F. Galizia D. Jerath C. Kane-Janus A. Kant L. Jakovljevic Z. Kibwe S. Mirjalili N. Putscher J. Qian M. Quiros Romero E. Tierney A. Tsuji M. Warren T. Yandon T. Obuya P. O’Connell E. Tafara G. Tanyi Z. Venner X. Wang H. Jarik (Committee Secretary) Deloitte (External Auditors) C. Cristinzio D. Gulati A. VanFossen IBRD/IDA, IFC and MIGA Financial Statements as of December 31, 2023 (Unaudited) 1. The Committee discussed the documents entitled “Multilateral Investment Guarantee Agency (MIGA) Condensed Quarterly Financial Statements-December 31, 2023 (Unaudited)”(AC2024-0001),“International Finance Corporation (IFC): Draft Management's Discussion and Analysis and Draft Condensed Consolidated Financial Statements-December 31, 2023 (Unaudited)”(AC2024-0002),“IBRD and IDA Management's Discussion and Analysis and Condensed Quarterly Financial StatementsDecember 31, 2023”(Unaudited)”(AC2024-0003), together with the “Deloitte Presentation to the Audit Committee FY24 Q2: The World Bank Group (“WBG”) -Results of the Review of Interim Financial Information”(AC2024-0005) . The “WBG MDCFO Presentation: FY24 Q2 Financial Results”(AC2024-0004) served as background information for the discussion. A report from the Committee to the Board was prepared. Deloitte-2024 Client Service Plan for The World Bank Group 2. The Committee met to discuss the document entitled “Deloitte-2024 Client Service Plan for The World Bank Group”(AC2024-0006) . A report from the Committee to the Board was prepared. Adjournment 3. The meeting adjourned at 4:54 p.m.

FAQs

When and where was the Audit Committee meeting held?

The meeting was held on Monday, February 12, 2024 at 2:32 p.m. in the Board Room.

What financial documents were discussed by the committee?

The committee discussed draft and condensed quarterly financial statements and related management discussion and analysis materials for MIGA and IFC, plus IBRD and IDA materials and a Deloitte presentation on interim financial information review.

What additional topic besides financial statements was covered?

The committee met to discuss Deloitte’s 2024 Client Service Plan for the World Bank Group.

When did the meeting adjourn?

The meeting adjourned at 4:54 p.m.

Jul 19, 2026

Uploaded by Skyler