86960
                                       AUDIT COMMITTEE



FROM: The Secretary, Audit Committee



                       Minutes of the Meeting held on Monday, April 7, 2014
                                 at 10:03 a.m. in the Board Room

Present:

Committee
Mr. Cipollone (Chair)
Mr. Qureshi (Acting Alternate)
Mr. Annamalai
Mr. Julia (Alternate)
Mr. Peters (Acting Alternate)
Mr. Prasad
Mr. Raineri (Alternate)
Ms. Thompson (Acting Alternate)

Other Executive Directors and Alternates
Messrs./Mmes. Alvarez, Bassant, Bor, Han, Kalezio, Lehmusvaara, MacDonald, Misyukovets, Mufarrij,
Ncube, Pedro, Rissmann, Suzuki and Tortola Sebastian

Officers and Staff
Messrs./Mmes. Baroudi, Greemanova, Muleri and Shyam-Sunder. Berger (Committee Secretary)


FY14 Credit Risk and Loan Loss Provisioning - Interim Assessment

1.      The Committee met to discuss the paper entitled FY14 Credit Risk and Loan Loss Provisioning -
Interim Assessment (SecM2014-0127), prior to Board consideration in April 2014. A report from the
Committees to the Board will be prepared.

Date of Next Meeting

2.      The Committee was scheduled to meet jointly with the Budget Committee immediately following
this meeting.

Adjournment

3.     The meeting adjourned at 10:56 a.m.