Executive Board
The Executive Board is the Fund’s second main Governing Body, consisting of 18 Members and 18 Alternate Members. With the adoption of the Fourth Replenishment Resolution at the twentieth session of the Governing Council, in February 1997, Resolution 86/XVIII was put into force and effect amending the Fund's governance structure. This new framework provided for the present membership distribution on the Executive Board, reflecting as well the new redistribution of original votes into membership and contribution votes. The previous distribution on the Board consisted of 18 Members and 17 Alternate Members. Resolution 86/XVIII also amended Rule 40.1 of the Rules of Procedure of the Governing Council to specify the ineligibility, to sit on the Board, of any Member State against which an accounting provision existed at the time of elections to the Executive Board.
The Members and Alternate Members are elected for a three-year term of office within their respective Lists and Sub-Lists, i.e., List A, List B, List C and within List C: Sub-List C1 for Countries in the Africa Group; Sub-List C2 for Countries in Europe, Asia and the Pacific; and Sub-List C3 for Countries in Latin America and the Caribbean, and are approved by the Governing Council. The Members and Alternate Members in each of the Lists represent other constituents of their respective List.
The Board meets three times a year, normally in the months of April, September and December; the exact dates of which are decided upon by the Board.
As with the Governing Council, the distribution of the total number of votes in the Executive Board is now being calculated both on membership and contribution.
The Executive Board has full authority to decide on the Programme of Work, approve projects, and to adopt/recommend action, pending the final approval of the Governing Council, on matters related to the annual Administrative Budget; applications for membership and staffing within the Fund.
The Executive Board Sessions are chaired by the President of IFAD.
Current Composition
Current Composition
IFAD List A
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IFAD List B
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IFAD List C1
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IFAD List C2
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IFAD List C3
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News related to this meeting
News related to this meeting
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Distinguished Executive Board representatives,
On 29th January IFAD issued its fifth private placement, the first one in SEK. The proceeds will support IFAD’s mission to improve the livelihoods of rural communities.
Read more in the press release here.
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Distinguished representatives,
the New Financial Spreads, Rates and Service Charges applicable for the Fourth Quarter 2023 are now available on the Home page of the Member States Interactive Platform, under IFAD Highlights.
To read the report in the four languages of the fund please click here: [Arabic] [English] [French] [Spanish]
Highest consideration,
Office of the Secretary
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Distinguished representatives,
the New Financial Spreads, Rates and Service Charges applicable for the Fourth Quarter 2023 are now available on the Home page of the Member States Interactive Platform, under IFAD Highlights.
To read the report in the four languages of the fund please click here: [Arabic] [English] [French] [Spanish]
Highest consideration,
Office of the Secretary
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Distinguished Executive Board representatives,
On 1st June IFAD issued its largest Private Placement for Eur115 million to French Amundi. The proceeds of the Sustainable Bond will be used to support IFAD’s mission to fight hunger and rural poverty.
Read more in the press release here
Forthcoming sessions
Forthcoming sessions
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Apr '24141st session of the Executive Board
Starting in 5 days from today in Rome
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Sep '24142nd session of the Executive Board
Starting in 5 months from today in Rome
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Dec '24143rd session of the Executive Board
Starting in 8 months from today in Rome
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May '25144th session of the Executive Board
Starting in about 1 year from today
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Sep '25145th session of the Executive Board
Starting in over 1 year from today
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Dec '25146th session of the Executive Board
Starting in over 1 year from today
Documents
Documents
Update on IFAD’s Financial Profile and Disbursements
Statement by the President of IFAD for the informal meeting on COVID-19
Updated CLEE Matrix of governance recommendations
Appointment of the Vice-President of IFAD
Letter from the President to the Executive Board
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