Our Governance

CGAP is a global partnership of more than 30 leading development organizations, whose rich variety of perspectives guide and strengthen our work. We are supported by bilateral and multilateral agencies, foundations and development finance institutions who leverage our work and take solutions to scale. Housed at and administered by the World Bank as trustee but with a separate governance and funding structure, CGAP serves as an independent platform to exchange knowledge and coordinate financial inclusion efforts.

COUNCIL OF GOVERNORS

The Council of Governors (CG) is the membership and governance body of CGAP, chaired by a World Bank Senior Director. Each member appoints a focal point as its CG representative and has one vote on the council. At the annual CG meeting in May, members discuss CGAP’s strategic direction, review and approve work plans and budgets, and share knowledge about new innovations and trends.

EXECUTIVE COMMITTEE

The Executive Committee (ExCom) operates like a Board of Directors and provides strategic guidance to CGAP’s operational staff. To facilitate governance among more than 30 member organizations, each member is appointed to a constituency – one for foundations, one for multilateral development banks, one for development finance institutions, and two for bilateral agencies. One representative from each of these five constituencies sits on the ExCom. In addition, three at-large representatives, chosen in their individual capacities for their expertise in financial inclusion, serve on the ExCom. There is also one representative on the ExCom from the World Bank as trustee. Finally, CGAP’s CEO serves on the ExCom, making a total of ten ExCom members. The ExCom meets at least twice a year in person and its members serve three-year terms, eligible for an additional two years by election.