AUDIT COMMITTEE

FROM: The Secretary, Audit Committee


                       Minutes of Meeting held on Thursday, February 15, 2018
                                   at 2:04 p.m. in the Board Room

Present

Committee
Ms. Kunene (Chair)
Mr. Almutairi (Alternate)
Mr. Bhuiyan (Alternate)
Mr. Catzaras (Alternate)
Mr. Heemskerk
Mr. Jimenez
Mr. Schoenleitner (Alternate)
Mr. Yang

Other Executive Directors and Alternates
Messrs./Mmes. Bilbeisi, Cascino, Cowie, Doan, Farnoux, Gruber, Lalor, Mills, Mufarrij, Ouro Samah,
Pg Matarsat, Poder, Rono, Rose Innes, Tazaki and White

Officers and Staff
Messrs./Mmes. Assalini, Frazier, Guimbert, Keicho, Lagbaja, Myers, Naka, Narayanan, Spicer and
Tuanda. Jarik (Committee Secretary)


Internal Audit Vice Presidency: Quarter 2 Results Report – Fiscal Year 2018

1.      The Committee discussed the document entitled Internal Audit Vice Presidency: Quarter 2
Results Report – Fiscal Year 2018 (AC2018-0003). A report from the Committee to the Board was
prepared.

Fee Arrangements for Cost Recovery Related to the IDA18 IFC-MIGA Private Sector Window

2.     The Committee discussed the document entitled Fee Arrangements for Cost Recovery Related to
the IDA18 IFC-MIGA Private Sector Window (AC2018-0005). A report from the Committee to the
Board was prepared.

Date of Next Meeting

3.        The next meeting of the Committee was scheduled for March 21, 2018.

Adjournment

4.        The meeting adjourned at 3:45 p.m.