[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109773-en":3,"doc-seo-109773-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109773,687197207057,"Sage","https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0",8,"Research & Report","Audit Committee - Minutes of Meeting - February 12, 2020","Audit Committee meeting minutes from February 12, 2020, held at 2:33 p.m. in the Board Room, recording attendance of the committee chair, members, alternates, executive directors, staff, and the external auditor (Deloitte). The committee reviewed unaudited quarterly financial statements and related World Bank Group financial presentations for periods ending December 31, 2019, and noted that supporting background materials were used for discussion. The chair announced the selection of a vice chair in January 2020, and the meeting adjourned at 4:36 p.m.","Public Disclosure Authorized Public Disclosure Authorized  \nAUDIT COMMITTEE  \nFROM: The Committee Secretary  \nMinutes of Meeting held on Wednesday, February 12, 2020  \nat 2:33 p.m. in the Board Room  \nPresent  \nCommittee  \nMr. Alogeel (Chair)  \nMs. Bouzis (Temporary Alternate)  \nMr. Chavez Presa  \nMr. Chotard (Alternate) Mr. Gruber  \nMr. Hwang  \nMr. Nishikata (Alternate) Ms. Shuaibu  \nOther Executive Directors and Alternates  \nMessrs./Mmes. Agapov, Beyea, Dravniece, Freeman, Gavish, Knotkova, Mir Shojaeian Hosseini, Mufarrij, Parjiono, Putscher, Shah, Subramani, Tago and Wu  \nOfficers and Staff  \nMessrs./Mmes. Assalini, Bravery, D’Hollander, Fall, Familiar, Frazier, Gaur, Himmo, Kumar-Capoor, Myers, Obuya, O’Connell, Rosenberg, Tafara and Venner. Jarik (Committee Secretary)  \nExternal Auditors (Deloitte)  \nMessrs./Mme. Bianchine, Jasek and VanFossen  \nIBRD/IDA, IFC and MIGA Financial Statements as of December 31, 2019 (Unaudited)  \n1. The Committee discussed the Quarterly Financial Statements (unaudited) for “IBRD and IDA Management's Discussion and Analysis and Condensed Quarterly Financial Statements – December 31, 2019 (Unaudited)”(AC2020-0003),“IFC Draft Management’s Discussion and Analysis and Draft Condensed Consolidated Financial Statements December 31, 2019 (Unaudited)”(AC2020-0002) and“MIGA Condensed Quarterly Financial Statements – December 31, 2019 (Unaudited) (AC2020-0001), together with the “Deloitte Presentation to the Audit Committee: World Bank Group FY2020 Q2 Financial Statements”(AC2020-0005) . The “WBG MDCFO Presentation: FY20 Q2 Financial Results”(AC2020-0004) served as background information for the discussion. A report from the Committee to the Board was prepared.  \nSelection of Vice Chair  \n2. The chair announced that following the departure of Mr. de Villeroche, Mr. Gruber was selected in January 2020 to serve as vice chair of the Committee.  \nAdjournment  \n3. The meeting adjourned at 4:36 p.m.  \nThe following item(s) have been approved  \nby the Audit Committee on an Absence of Objection Basis  \nbetween December 13, 2019 and January 6, 2020  \nMinutes of Previous Meeting  \n1. The Committee recorded its approval on December 13, 2019 of the minutes of the meetings held on January 7, 2019 (AC/M2019-0018 [CODE/M2019-0012]), January 31, 2019 and record of approval on  \nJanuary 4, 2019 (AC/M2019-0019), February 13, 2019 (AC/M2019-0020), February 25, 2019 (AC/M2019-0021) and March 20, 2019 (AC/M2019-0022) .  \n2. The Committee recorded its approval on December 17, 2019 of the minutes of the meeting held on March 26, 2019 (AC/M2019-0023 [BC/M2019-0018]) .  \n3. The Committee recorded its approval on December 18, 2019 of the minutes of the meetings held on March 28, 2019 (AC/M2019-0024) and May 13, 2019 and record of approvals between April 18 and April 19, 2019 (AC/M2019-0025) .  \n4. The Committee recorded its approval on December 19, 2019 of the minutes of the meetings held on May 22, 2019 (AC/M2019-0026), May 29, 2019 (AC/M2019-0027 and AC/M2019-0028  \n[BC/M2019-0021]), June 3, 2019 (AC/M2019-0029), June 12, 2019 and record of approvals between June 5, 2019 and June 10, 2019 (AC/M2019-0030) and June 14, 2019 (AC/M2019-0031) .  \n5. The Committee recorded its approval on December 23, 2019 of the minutes of the meetings held on June 24, 2019 and record of approvals and endorsement between June 18, 2019 and June 20, 2019 (AC/M2019-0032) and June 26, 2019 (AC/M2019-0033[CODE/M2019-0022]) .  \n6. The Committee recorded its approval on December 27, 2019 of the minutes of the meetings held on July 22, 2019 (AC/M2019-0034), July 24, 2019 (AC/M2019-0035), August 5, 2019 (AC/M2019-0036), September 11, 2019 (AC/M2019-0037), October 2, 2019 and record of endorsements on September 19, 2019 (AC/M2019-0038), October 9, 2019 and record of endorsements on October 7, 2019  \n(AC/M2019-0039) and November 13, 2019 (AC/M2019-0040) .  \n7. The Committee recorded its approval on January 6, 2020 of the minutes of the meetings held on Decem","cbCaitzYTTfocJtG","https://ap.wps.com/l/cbCaitzYTTfocJtG","pdf",175551,6,1,2,"English","en",105,"# Meeting Details\n## Attendance and Meeting Scope\n# Key Resolutions\n## Discussion of Unaudited Quarterly Financial Statements\n## Selection of Vice Chair\n## Adjournment\n# Approved Items (Absence of Objection Basis)\n## Minutes of Previous Meetings","[{\"question\":\"Who attended the Audit Committee meeting on February 12, 2020?\",\"answer\":\"The minutes list the committee chair, committee members and alternates, other executive directors and alternates, officers and staff, and the external auditor from Deloitte.\"},{\"question\":\"What financial materials were discussed during the meeting?\",\"answer\":\"The committee discussed unaudited quarterly financial statements for IBRD/IDA, IFC, and MIGA as of December 31, 2019, together with Deloitte’s presentation to the Audit Committee and related background materials.\"},{\"question\":\"What decisions and administrative updates were recorded?\",\"answer\":\"The chair announced the selection of Mr. Gruber as vice chair in January 2020 following another departure, and the meeting was adjourned at 4:36 p.m.\"}]","Audit Committee - Minutes of Meeting - February 12, 2020 | PDF",1784482315,5,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"audit-committee-minutes-of-meeting-february-12-2020","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,48,51],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":22},"https://docshare.wps.com/document/","Document",{"item":49,"name":12,"@type":44,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":44,"position":53},"https://docshare.wps.com/document/audit-committee-minutes-of-meeting-february-12-2020/109773/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-04","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"Who attended the Audit Committee meeting on February 12, 2020?","Question",{"text":76,"@type":77},"The minutes list the committee chair, committee members and alternates, other executive directors and alternates, officers and staff, and the external auditor from Deloitte.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"What financial materials were discussed during the meeting?",{"text":81,"@type":77},"The committee discussed unaudited quarterly financial statements for IBRD/IDA, IFC, and MIGA as of December 31, 2019, together with Deloitte’s presentation to the Audit Committee and related background materials.",{"name":83,"@type":74,"acceptedAnswer":84},"What decisions and administrative updates were recorded?",{"text":85,"@type":77},"The chair announced the selection of Mr. Gruber as vice chair in January 2020 following another departure, and the meeting was adjourned at 4:36 p.m.","https://schema.org",{"og:url":52,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,110,114,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":22,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":30,"doc_module":4,"doc_module_name":47,"category_name":107,"show_sort_weight":108,"slug":109},"Comic",60,"comic",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":111,"show_sort_weight":112,"slug":113},"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":47,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":47,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":47,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":47,"category_name":136,"show_sort_weight":30,"slug":137},19,"General","general"]