[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111843-en":3,"doc-seo-111843-105":28,"detail-sidebar-cat-0-en-105":89},{"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":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":11},111843,962075114765,"Quinn","https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd",8,"Research & Report","Audit Committee - Minutes of Meeting - February 12, 2025 - Audit Committee Approvals - February 3, 2025","Audit Committee minutes record the meeting held on February 12, 2025 at 2:31 p.m. in the Board Room, including committee members, senior participants, and the external auditors. The committee reviewed multiple World Bank Group financial and management discussion documents for period ended December 31, 2024, with Deloitte materials used as background. Separate approval items were endorsed by the committee on February 3, 2025 on an absence of objection basis, including the proposed establishment of the Frontier Opportunities Fund (revision).","Public Disclosure Authorized Public Disclosure Authorized  \nAUDIT COMMITTEE  \nFROM: The Committee Secretary  \nMinutes of Meeting held on Wednesday, February 12, 2025 at 2:31 p.m. in the Board Room  \nPresent  \nCommittee Members:  \nS. Saeed (Acting Chair)  \nP. Bonmartin (Alternate)  \nJ. Henderson (Temporary Alternate)  \nL. Magagula (Alternate)  \nW. Saputra  \nH. Seifeldin (Alternate)  \nM. Sihvola (Temporary Alternate)  \nE. Tierney (Temporary Alternate)  \nOther Executive Directors, Alternates, Senior Advisors and Advisors  \nE. Amor  \nA. Bucalossi  \nL. Engozogo Mba  \nP. Fonseca  \nO. Graham Yamahuchi  \nJ. Halwoodi  \nS. Khan  \nM. Kratochvil  \nM. Krukowski  \nOfficers and Staff  \nM. Child  \nJ. Frazier  \nF. Galizia  \nD. Jerath  \nH. Murai  \nA. Maleki  \nF. Mayorga  \nS. Maluck  \nJ. Qian  \nE. Sta. Ana  \nE. Sycheva  \nA. Tsuji  \nN. Van Huisstede  \nM. Warren  \nT. Obuya  \nP. O’Connell  \nE. Tafara  \nZ. Venner  \nH. Jarik (Committee Secretary)  \nDeloitte (External Auditors)  \nL. Bianchine  \nC. Cristinzio  \nA. VanFossen  \nIBRD/IDA, IFC and MIGA Financial Statements as of December 31, 2024 (Unaudited)  \n1. The Committee discussed the documents entitled “Multilateral Investment Guarantee Agency (MIGA): Condensed Quarterly Financial Statements – December 31, 2024 (Unaudited)”(AC2025-0003),“International Finance Corporation (IFC): Draft Management's Discussion and Analysis and Draft Condensed Consolidated Financial Statements-December 31, 2024 (Unaudited)”(AC2025-0004),“IBRD and IDA Management's Discussion and Analysis and Condensed Quarterly Financial StatementsDecember 31, 2024 (Unaudited)”(AC2025-0005), together with the “Deloitte Presentation to the Audit Committee FY25 Q2: The World Bank Group (“WBG”) -Results of the Review of Interim Financial Information”(AC2025-0007) . The “WBG MDCFO Presentation: FY25 Q2 Financial Results”(AC2025-0006) served as background information for the discussion. A report from the Committee to the Board was prepared.  \nDeloitte-2025 Client Service Plan for The World Bank Group  \n2. The Committee discussed the document entitled “Deloitte-2025 Client Service Plan for The World Bank Group”(AC2025-0008). A report from the Committee to the Board was prepared.  \nAdjournment  \n3. The meeting adjourned at 4:20 p.m.  \nThe following item(s) have been approved/endorsed  \nby the Audit Committee on an Absence of Objection Basis  \non February 3, 2025  \nProposed Establishment of the Frontier Opportunities Fund (Revision)  \n1. On February 3, 2025, the Committee endorsed the document entitled “Proposed Establishment of the Frontier Opportunities Fund (Revision)”(AC2025-0002) .","cbCaimLO8ffYHwrk","https://ap.wps.com/l/cbCaimLO8ffYHwrk","pdf",166369,1,3,"English","en",105,"# Meeting Details\n## Attendance\n## Agenda and Discussion Items\n## Adjournment\n# Approved Items (Absence of Objection Basis)\n## Frontier Opportunities Fund (Revision)","[{\"question\":\"When and where was the Audit Committee meeting held?\",\"answer\":\"The meeting was held on February 12, 2025 at 2:31 p.m. in the Board Room.\"},{\"question\":\"What key documents did the committee discuss during the meeting?\",\"answer\":\"The committee discussed MIGA and IFC condensed financial materials and related management discussion drafts for December 31, 2024, together with IBRD/IDA management discussion materials and Deloitte’s FY25 Q2 review presentation.\"},{\"question\":\"What items were approved by the Audit Committee on February 3, 2025?\",\"answer\":\"On an absence of objection basis, the committee approved/endorsed the proposed establishment of the Frontier Opportunities Fund (revision).\"}]",1784491959,{"code":4,"msg":29,"data":30},"ok",{"site_id":24,"language":23,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":84,"head_meta":86,"extra_data":88,"updated_unix":27},"audit-committee-minutes-of-meeting-february-12-2025-audit-committee-approvals-february-3-2025","",{"@graph":34,"@context":83},[35,51,66],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":21},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/audit-committee-minutes-of-meeting-february-12-2025-audit-committee-approvals-february-3-2025/111843/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":23,"description":14,"dateModified":59,"datePublished":60,"encodingFormat":58,"isAccessibleForFree":61,"interactionStatistic":62},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":63,"interactionType":64,"userInteractionCount":20},"InteractionCounter",{"@type":65},"ViewAction",{"@type":67,"mainEntity":68},"FAQPage",[69,75,79],{"name":70,"@type":71,"acceptedAnswer":72},"When 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