AUDIT COMMITTEE
                                     BUDGET COMMITTEE

FROM: The Committee Secretaries


                       Minutes of Joint Meeting held on Monday, June 18, 2018
                                   at 2:36 p.m. in the Board Room

Present

Committee
Ms. Kunene (Chair)                                    Mr. Kachur (Alternate)
Mr. Pagano (co-Chair)                                 Mr. Kinder (Alternate)
Mr. Alkhalaf (Temporary Alternate)                    Mr. Kucharski (Temporary Alternate)
Mr. Catzaras (Alternate)                              Mr. Schoenleitner (Alternate)
Ms. Doan (Temporary Alternate)                        Mr. Sumra (Temporary Alternate)
Ms. Donaldson (Alternate)                             Mr. Yadav (Temporary Alternate)
Mr. Engozogo Mba (Temporary Alternate)                Mr. Yang
Mr. Jimenez

Other Executive Directors and Alternates
Messrs./Mmes. Happe, Morris, Mufarrij, Ncube, Panov, Tsuda and White

Officers and Staff
Messrs./Mmes. Frazier, Hall, Keicho, Lagbaja, Myers and Naka. Muleri (Budget Committee Secretary)


Audit of WBG’s Completion of the Expenditure Review Initiative (Draft)

1.     The Committee discussed the document entitled Audit of WBG’s Completion of the Expenditure
Review Initiative (Draft) (AC2018-0027/1[BC2018-0003/1]). A report from the Committees to the Board
was prepared.

Other Business: Farewell to Mr. Hiroshi Naka

2.     The Audit Committee bid farewell to Mr. Hiroshi Naka, Vice President and Auditor-General,
who will be leaving the World Bank Group at the end of June.

Date of Next Meeting

3.    The Audit Committee was scheduled to meet on June25, 2018. The next meeting of the Budget
Committee was scheduled for September 25, 2018.

Adjournment

4.        The meeting adjourned at 3:43 p.m.