Our Governance

CGAP is a global partnership of more than 35 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) serves as an advisory body that provides strategic guidance to CGAP’s operational staff. To ensure inclusive and balanced representation, CGAP’s membership is organized into constituencies representing foundations, multilateral development banks, development finance institutions, bilateral agencies, and the private sector.

Each constituency appoints a representative to the ExCom. Up to three “at-large” members may also be selected for their individual expertise in financial inclusion. The World Bank, as trustee, is represented on the ExCom, and CGAP’s CEO also serves as a member.

ExCom members typically serve three-year terms and may be re-elected for an additional term. The committee meets in person at least twice a year to provide strategic oversight and guidance in line with CGAP’s mission and governance framework.