Arne Hoel, World Bank

Announcement of Selection Process for the CAO Vice President

June 26, 2020  - The World Bank Group has announced the selection process for the next Vice President and Compliance Advisor Ombudsman for IFC and MIGA and extended the deadline for applications through July 31, 2020. The current CAO Vice President, Osvaldo L. Gratacós, concludes his term at the end of December 2020.  Russell Reynolds Associates has been engaged to conduct an executive search. A Selection Committee has been appointed by President David Malpass to conduct an objective, transparent, and participatory selection process including representatives from the civil society and business communities, and from the Board..

Terms of Reference

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Selection Process for the CAO Vice President

Selection Committee

The Office of the Compliance Advisor Ombudsman (CAO) is the independent recourse and accountability mechanism of the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) for social and environmental concerns raised by people and communities affected by projects supported by IFC or MIGA. The CAO is organized as a Vice Presidency Unit (VPU), independent from the IFC’s and MIGA’s line of management of operations, headed by the Vice President, CAO (the CAO VP), who reports directly to the President of the World Bank Group. The CAO VP acts as an independent advisor to the President on matters of environmental and social impacts raised by communities to the CAO. The mandate of the CAO is to address complaints by people affected by IFC/MIGA supported projects in a manner that is fair, objective and constructive, and to enhance the social and environmental outcomes of projects in which those institutions play a role.

The CAO’s mandate, scope of work, organization and qualifications are articulated in the Office of the Compliance Advisor Ombudsman (CAO) Terms of Reference (TOR), which includes the principles that guarantee the independence, credibility, and integrity of the CAO Office, including its leadership. In order to uphold these principles, CAO VP will be appointed by the President after an independent, transparent, and participatory recruiting process described below. To preserve the independence, credibility, and integrity of the CAO, candidates for the CAO VP position shall be external to the World Bank Group. CAO VPU staff members may however apply to the CAO VP position.

For more information, see the Terms of Reference for the position. 

Establishing a Selection Committee
To ensure that the independence of the CAO VP is maintained, a Selection Committee has been appointed by President David Malpass to conduct an independent, transparent and participatory selection process involving stakeholders from different backgrounds including the civil society and business communities:

From the Business Community:

Strive Masiyiwa, Founder and Executive Chairman of the Econet Group.

Ann Condon, Visiting Scholar at the Environmental Law Institute and former Director, Resource and Environmental Strategies at General Electric Company.

From Civil Society:

Athena Ballesteros, Climate Finance Director of the Asia program at the Growald Family Fund and former Director of World Resources Institute’s Center for Sustainable Finance Program.

Lori Udall, President of Montpelier Consulting, LLC and Program Director for Sacharuna Foundation.

From the Board of Directors:

Anne Kabagambe, Executive Director at the World Bank Group for the Africa Group I Constituency, EDS14

Masanori Yoshida, Executive Director representing Japan, EDS02

Selection Committee members from civil society and the business community were selected from a list of nominees jointly submitted by CAO, IFC, and MIGA and are highly-regarded professionals with knowledge and experience in development and environmental and social sustainability..

IFC’s Human Resources shall provide administrative support to the Selection Committee, including identifying and engaging a reputable and recognized recruitment firm, assistance in organizing meetings and interviews and retaining and distributing necessary documents, but no one in Human Resources shall provide any view or advice on any candidate, or nominate a candidate for or remove a candidate from consideration.

Members of the Selection Committee will:
-  receive copies of resumes and other materials relating to the position and the candidates;
be required to attend in person or by telephone or video conference the interviews of every short-listed candidate;
-  commit formally to return all interview materials, resumes and other materials at the end of the interview process;
-  commit formally to maintain absolute confidentiality of the deliberations of the Selection Committee and all information and materials disclosed to them during the interview process;
commit formally to disclose any actual, potential or perceived conflict of interest.

The participation of Selection Committee members who work for, or are affiliated with, another organization shall not be construed as an approval or endorsement by that organization of this process or any candidate for the role of CAO VP.

Candidate Selection
The Selection Committee will first be tasked with the responsibility of advising the selected recruitment firm that will advertise for, interview, and do the initial vetting of the candidates and establish an initial list of candidates (the “long list”).

The recruitment firm will solicit applications from candidates that represent gender, cultural and regional diversity through external advertisements, social media postings and outreach.

The Selection Committee
-  may review the list of all candidates identified by the recruitment firm and question the recruitment firm on the nature and extent of its efforts and work and for explanation of any methodology or determination to include or exclude persons from the long list;
-  will consult with the President on the process for establishing the short list;
-  will determine a short list of candidates from the long list prepared by the recruitment firm and conduct interviews (in-person or by video link, as determined by the Selection Committee) with the shortlisted candidates;
-  may consult with the President on the short list;
-  establish a process for receiving input from IFC/MIGA management, the Chair and Vice Chair of CODE and CAO management, including the conduct of interviews of short-listed candidates by IFC/MIGA management and the current CAO Vice President; the views of IFC/MIGA management and the current CAO Vice President will be provided to the Selection Committee and the President;
-  may, in its discretion, conduct additional formal consultation with IFC and MIGA senior management and senior staff, CAO management including the current CAO Vice President, and the Chair and the Vice Chair of CODE;
-  offer to the President a list of at least three final candidates, at least one of whom has a background predominantly in civil society and at least one of whom has a background predominantly in the business/finance community, and each of whom is found by the Selection Committee to be qualified, capable and recommended for the position of CAO VP. The Selection Committee will not be required to rank the final candidates in order of preference.

If the Selection Committee determines that the list of candidates identified by the recruitment firm does not include candidates that the Committee considers sufficiently qualified or suitable for the role, then the Selection Committee may instruct the recruitment firm to restart or re-do its efforts to identify additional candidates.

Candidate Appointment

The CAO VP will be provisionally selected for appointment by the President from the final candidates submitted to him by the Selection Committee; provided, however, that if the President determines that the submitted candidates are not sufficiently suited for the role, then the President may request the Selection Committee renew its efforts to identify additional candidates. The President’s selection will be proposed to the Board for approval on an expedited absence-of-objection basis.