The Investment Committee

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.

The Investment Committee meets several times a year and is composed of senior officers of the World Bank Group. It is currently chaired by Michael U. Klein, Vice President, Financial and Private Sector Development, The World Bank.

Below is the list of Investment Committee members.

Chair
Janamitra Devan - Vice President, Financial and Private Sector Development
The World Bank
Chief Economist, International Finance Corporation

Members
Junaid Kamal Ahmad - Sector Manager
The World Bank

Deepak Bhattasali - Vice Chair of the Investment Committee
Lead Economist
The World Bank

Simon Bell - Sector Manager
The World Bank

Gerard Byam - Director
The World Bank

Thomas Duvall - Chief Counsel, Co-financing & Project Finance (LEGCF)
The World Bank

Mamta Shah - Director
International Finance Corporation

Antony Thompson - Operations Adviser
The World Bank

Frank DeGiovanni (Representing CGAP Executive Committee)
Director of Economic Development
The Ford Foundation

Sandra Darville (Representing CGAP Consultative Group)
Coordinator, Investment Unit
Multilateral Investment Fund (MIF)
Inter-American Development Bank