AUDIT COMMITTEE

FROM: The Committee Secretary


                        Minutes of Meeting held on Monday, December 17, 2018
                                   at 10:02 a.m. in the Board Room

Present

Committee
Mr. Carriedo (Chair)
Mr. Alogeel
Mr. Alvarez (Temporary Alternate)
Ms. Bouzis (Temporary Alternate)
Mr. Chotard (Alternate)
Mr. Gruber
Mr. Hwang
Mr. Nishikata (Alternate)

Other Executive Directors and Alternates
Messrs./Mmes. Baranyay, Bello Boubacar, Bhuiyan, Bilbeisi, Carrigan, Cowie, Doan, Garay Estepa,
George, Finaish, Happe, Kachur, Klemola, Minxhozi, Morris Nili, Ouro Samah, Robles Flores and
Tuaimeiapi

Officers and Staff
Messrs./Mmes. Choo, Frazier, Gandolfo, Graham, Himmo, Jha, Jourdanet, Lawley, Martin, Myers,
Prouvost, Shyam-Sunder, Thomas and von Friedeburg. Jarik (Committee Secretary)


World Bank Quarterly Business and Risk Review, Quarter 1 - FY19 (Part B)

1.      The Committee discussed the World Bank Quarterly Business and Risk Review, Quarter 1 - FY19
(Part B) (Chapters 5, 6 and 8) (SecM2018-0319[IDA/SecM2018-0259]) and the World Bank Group
Overview of Financial Performance, Operational Deliverables and Staffing - FY19 Q1 (“The Chapeau”)
(SecM2018-0320[IDA/SecM2018-0260, IFC/SecM2018-0162, MIGA/SecM2018-0142]). A report from
the Committee to the Board was prepared.

IFC Portfolio Risk Report FY19Q1

2.     The Committee discussed the IFC Portfolio Risk Report FY19Q1 (AC2018-0054). A report from
the Committee to the Board was prepared.

Date of Next Meeting

3.        The next meeting of the Committee was scheduled for January 7, 2019.

Adjournment

4.        The meeting adjourned at 11:55 a.m.