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    FROM:      Vice President and Corporate Secretary
 

 

                              Minutes of Meeting of the Board of Directors of MIGA,
                     held in the Board Room on Thursday, September 6, 2012, at 10:50 a.m.
 

 

  1.        There were present:
                                                                CHAIR:
 
                                             I. Kobayashi, Executive Vice President
 
    EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:
 
  A. Alkaffas (Alternate)                  M.S. Kayad (Alternate)
  I.    Alturki (Alternate)                L.    Larose (Temporary Alternate)
  J.    Alvarez (Temporary Alternate)      M.-L. Morin
  G. Alzetta                               M. Muhtar (Alternate)
  S.    Aviel (Alternate)                  S.    Nanu (Alternate)
  M. Ayesu (Temporary Alternate)           K. Panov (Temporary Alternate)
  G. Balcytyte (Alternate)                 G. Politakis (Temporary Alternate)
  D. Bohan (Alternate)                     L.    Schneller (Temporary Alternate)
  M. Coronel (Temporary Alternate)         H. Suzuki
  P.    Espinola (Temporary Alternate)     M. Tareque (Alternate)
  I.    Hoven                              J.    Whitehead
  S.    James (Alternate)                  F.    Zang (Temporary Alternate)
  J.-P. Julia (Alternate)
 
  OFFICERS AND STAFF PARTICIPATING:
 
  S.     Suleymanov, Acting Corporate      M.A. Walsh, MIGOP
         Secretary                         W. Zhang, MIGOP
  A.-M. Betancourt, General Counsel, MIGLC B.    Geiser, Corporate Secretariat
  M.     Wormser, Vice President and Chief
         Chief Operating Officer, MIGCO




This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its
contents may not otherwise be disclosed without World Bank Group authorization. 
 
                                                                   -2-


  Ghana - Guarantees to Abengoa Water Investments Ghana BV, Daye Water Investment (Ghana)
  BV, Standard Bank of South Africa Limited, and Other International Lenders for Investments in
  Befesa Desalination Developments Ghana Limited

  2.       The Board of Directors considered the Report from the President on guarantees to Abengoa
  Water Investments Ghana BV, Daye Water Investment (Ghana) BV, Standard Bank of South Africa
  Limited, and other international lenders to be identified for their investments in Befesa Desalination
  Developments Ghana Limited in Ghana (MIGA/R2012-0056, dated August 22, 2012) and concurred in
  the issuance of the guarantees on the terms and conditions set out in the President’s Report.

  2012 Regular Election of MIGA Directors (Adoption of Resolution and Tally of Voting)

  3.      The Board of Directors recorded its approval on August 10, 2012 of the report from the Vice
  President and Corporate Secretary and the record of voting attached thereto entitled "2012 Regular
  Election of MIGA Directors (Adoption of Resolution and Tally of Voting)" (MIGA/R2012-0053, dated
  August 6, 2012).
 
  MIGA Annual Report 2012 - Draft
 
  4.      The Board of Directors recorded its approval on August 10, 2012 of the final text of MIGA's
  Annual Report for fiscal year 2012 (MIGA/SecM2012-0027, dated August 1, 2012).

  Adjournment

  5.        The meeting adjourned at 11:10 a.m.

 

 

 

 

 

 

                                          




This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its
contents may not otherwise be disclosed without World Bank Group authorization.