Governor
Ireland's Minister for Finance Jack Chambers sits on the ÐÓ°ÉÂÛ̳ Board of Governors, the Bank¡¯s senior decision-making body. The Governors meet twice a year. The Governors have the power to admit and suspend members of the ÐÓ°ÉÂÛ̳ Group, increase or decrease the authorized capital stock, determine the distribution of the net income of the Bank, and decide on the ÐÓ°ÉÂÛ̳ Group¡¯s overall strategic direction.
The Department of Finance leads Ireland's relations with the ÐÓ°ÉÂÛ̳ and provides core funding to the ÐÓ°ÉÂÛ̳. Irish Aid engages with the ÐÓ°ÉÂÛ̳ on policy and program issues.
To connect with the current governors and alternate governors offices, please refer to .
Executive Director
The Governor delegates responsibility for overseeing the day-to-day business at the Bank to the Executive Director (ED). The ED is the Governor¡¯s representative on the 25-member ÐÓ°ÉÂÛ̳ Board of Executive Directors. EDs reside in Washington D.C. and normally meet twice a week to decide on borrowing and financial questions, projects, and policies that impact ÐÓ°ÉÂÛ̳ Group general operations.
Ireland¡¯s representation on the Boards of IBRD, IFC, IDA, and MIGA is shared in a constituency with Antigua & Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Guyana, Jamaica, St. Lucia, St. Kitts & Nevis and St. Vincent & the Grenadines. Katharine Rechico (Canada) is the ED representing the constituency, and Marie Rodland-Allen (Bahamas) is the Alternate Executive Director. Eddie Tierney and Cormac Mangan are the current Irish advisors to the Executive Director.
Shares and Voting Power
ÐÓ°ÉÂÛ̳ Group has a weighted system of voting. All members of the Bank receive votes consisting of share votes (one vote for each share of the Bank's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55% of the sum of basic votes and share votes for all members). The voting power distribution differs from agency to agency within the ÐÓ°ÉÂÛ̳ Group.
For the latest voting status, please visit the Voting Powers page.
For information on Ireland¡¯s aid flows as a donor, please visit the .