International Bank for Reconstruction and Development - Board of Governors Resolution No. 677 - Direct Remuneration of Executive Directors and their Alternates

Jul 19, 2026

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This document is a resolution from the Board of Governors of the International Bank for Reconstruction and Development (IBRD) regarding the direct remuneration of Executive Directors and their Alternates. Adopted on August 26, 2020, Resolution No. 677 stipulates that effective July 1, 2020, the remuneration will be paid as a salary without any supplemental allowance. The salary for Executive Directors will remain unchanged at $258,570, and for Alternate Executive Directors, it will remain unchanged at $223,680, in accordance with section 13(e) of the By-Laws. This resolution aims to provide clear and consistent compensation guidelines for the Bank's leadership.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

AccessFree to download

International Bank for Reconstruction and Development

Board of Governors

Resolution No. 677

Direct Remuneration of Executive Directors and their Alternates

FAQs

What is the purpose of Resolution No. 677?

Resolution No. 677 addresses the direct remuneration of Executive Directors and their Alternates at the International Bank for Reconstruction and Development.

When did the remuneration changes in Resolution No. 677 take effect?

The changes outlined in Resolution No. 677 became effective on July 1, 2020.

What is the salary for Executive Directors and Alternate Executive Directors according to the resolution?

The salary for Executive Directors is $258,570, and for Alternate Executive Directors, it is $223,680, with no supplemental allowance.

Jul 19, 2026

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