Emoluments Committee

The Emoluments Committee is a committee of the Governing Council established pursuant to rule 15 of the Rules of Procedure of the Governing Council [Arabic] [English] [French] [Spanish]. The By-laws for the Conduct of the Business of IFAD, [Arabic] [English] [French] [Spanish] provides in section 6.2, inter alia, that: “When the term of office of the President is due to expire, the appointment of a President shall be placed on the agenda of the annual session of the Governing Council immediately preceding the expiry of the term of office”.

Further, section 6.1 states: “The salary, allowances and other entitlements of the President shall be determined by resolution of the Governing Council.”

The Emoluments Committee is established by the Governing Council to re-examine the salary allowances, including representation allowance, and other entitlements of the President prior to the election of the IFAD President.

Upon conclusion, the Emoluments Committee submits a report on the results of its deliberations, and any recommendations, to the Governing Council, through the Executive Board, with a view to adopting a resolution establishing the emoluments of the incoming President.

Membership

Membership of the Committee is composed of nine Governors (four from List A, two from List B and three from List C) or their representatives who may be nominated by the Chairperson pursuant to rule 15.2 of the Rules of Procedure of the Governing Council.

The Committee consists of nine members. The list of current members is available below.

Current Composition

IFAD List A

Member
Cyprus
Germany
Ireland
Netherlands (Kingdom of the)

IFAD List B

Member
Saudi Arabia
Venezuela (Bolivarian Republic of)

IFAD List C1

Member
Angola

IFAD List C2

Member
India

IFAD List C3

Member
Brazil