The Consultative Group to Assist the Poor works toward a world in which everyone has access to the financial services they need to improve their lives.
CGAP develops innovative solutions for financial inclusion through practical research and active engagement with financial service providers, policy makers, and funders. Established in 1995 and housed at the World Bank, CGAP combines a pragmatic approach to market development with an evidence-based advocacy platform to advance poor people’s access to finance. Our global network of members includes over 35 development agencies, private foundations, and national governments that share a common vision of improving the lives of poor people with better access to finance.
CGAP’s Council of Governors, Executive Committee, and Operational Team meet every spring at the CGAP Annual Meeting to review the strategy and annual work plan.
The Council of Governors is the membership and governance body of CGAP. It is responsible for setting CGAP's broad policies and strategic directions, providing inputs to the annual workplan and budget, adopting and implementing CGAP consensus guidelines, and determining the future of CGAP. The CG is comprised of representatives from all of CGAP's members: bilateral and multilateral development agencies, regional development banks, private foundations, and international financial institutions.
The Executive Committee functions as CGAP's board and executive governing body. It has principal oversight of CGAP's activities and is responsible for providing strategic guidance to the Operational Team, and approving the workplan and budget on behalf of the CG.
The Investment Committee is the fiduciary oversight body that acts on behalf of the Council of Governors. It is responsible for deciding on key CGAP investments and for projects with a budget of more than $100,000.