IFAD Executive Board

The Executive Board is the Fund's second main Governing Body, consisting of 18 elected Members and 18 Alternate Members.

The Board meets three times a year, normally in the months of April, September and December; the exact dates of which are decided upon by the Board.

As with the Governing Council, the distribution of the total number of votes in the Executive Board is now being calculated both on membership and contribution.

The Executive Board has full authority

  • to decide on the Programme of Work 
  • to approve projects, and 
  • to adopt/recommend action, pending the final approval of the Governing Council, on matters related to the annual Administrative Budget.

The Executive Board Sessions are chaired by the President of IFAD.

(source: IFAD)