Corporate Secretariat

(See also Enabling Services.) The Corporate Secretariat (SEC) Vice Presidency of the World Bank Group supports the Board of Governors and the Executive Directors of IBRD/IDA, IFC, and MIGA in executing their fiduciary and governance responsibilities. SEC therefore maintains relations across all the World Bank Group institutions and serves as the key interlocutor between the Board of Governors, the Executive Directors, the President and Senior Management, Operational Management, and staff. SEC's primary purpose is to facilitate effective, efficient, and strategically focused interactions between the Board and management to achieve the goals of the World Bank Group.

Corruption

(See also Integrity Vice Presidency.) The World Bank Group views good governance and anticorruption as critical to its mission of ending extreme poverty and boosting shared prosperity. Many governance and anticorruption initiatives are taking place throughout the Bank Group. These initiatives focus on ensuring internal organizational integrity, minimizing corruption on World Bank-funded projects, and assisting countries in promoting openness and enhancing efficiency.

The Bank Group does this by providing policy and institutional advice and support to countries in their formulation of action programs and by building the capacity of a wide range of stakeholders to advance openness and accountability. Using a strategic and multidisciplinary approach, the Bank applies action-learning methods to link empirical diagnostic surveys, their practical application, collective action, and prevention. Concrete results are emphasized in its learning programs and clinics as well as through the periodic release of the Worldwide Governance Indicators and country diagnostics. This integrated approach is supported by operational research and a comprehensive governance databank.

Fighting corruption by promoting good governance has become a policy priority for the development community over the past two decades, and extensive reform efforts have been launched. These reforms build on the idea that corruption is a dysfunction of public administration, which in turn can be curbed by promoting accountability and transparency.

The World Bank Group is committed to improving governance and fighting corruption in its member countries through the Governance Anticorruption Framework, which has three main pillars:

• Helping countries build capable, transparent, open, and accountable institutions

• Expanding partnerships with multilateral and bilateral development institutions, civil society, the private sector, and other actors in joint initiatives to address corruption

• Minimizing corruption in World Bank-funded projects by assessing corruption risk in projects upstream, actively investigating allegations of fraud and corruption, and strengthening project oversight and supervision

Any person can report allegations of fraud and corruption involving World Bank Group-financed operations, supported activities, or staff by contacting 1 (800) 831-0463.

 
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