AUDIT COMMITTEE

FROM: The Committee Secretary


                        Minutes of Meeting held on Monday, December 3, 2018
                                   at 2:34 p.m. in the Board Room

Present

Committee
Mr. Carriedo (Chair)
Mr. Alkhalaf (Alternate)
Mr. Bethel
Mr. Chotard (Alternate)
Mr. Gruber
Mr. Hwang
Mr. Kanczuk
Mr. Yoshida

Other Executive Directors and Alternates
Messrs./Mmes. Carrigan, Cascino, Cowie, De Luca, Garay Estepa, Happe, Kachur, Klemola, Knotkova,
Nili, Pagano, Rono, Rose Innes, Tantitemit, Tchatchouang, Ulbaek, Wang and Yadav

Officers and Staff
Messrs./Mmes. D’Angelo, Ferro, Frazier, Guimbert, Keicho, Lagbaja, Myers, Narayanan,
Shyam-Sunder, Tuanda, van Trotsenburg and Zaman. Jarik (Committee Secretary)


Internal Audit Vice Presidency (IAD) FY2019 Quarter 1 Report

1.    The Committee discussed the Internal Audit Vice Presidency (IAD) FY2019 Quarter 1 Report
(AC2018-0052/1). A report from the Committee to the Board was prepared.

IBRD Financial Sustainability Framework: Implementation Approach

2.     The Committee discussed the IBRD Financial Sustainability Framework: Implementation
Approach (R2018-0251). A report from the Committee to the Board was prepared.

Date of Next Meeting

3.        The next meeting of the Committee was scheduled for December 17, 2018.

Adjournment

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