Explain organizational structure of World Bank.

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Organizational Structure of World Bank:

1. The organization of the bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee, the Loan Committee and the President and other staff members.

2. Board of Governors is the supreme policy making body of the bank. 

3. The board consists of one Governor and one Alternative Governor appointed for 5 years by each member country. 

4. The Board of Executive Directors consists of 21 member, 6 of them are appointed by the six largest shareholders, namely USA, UK, Germany, France, Japan and India. The rest 15 members are elected by the remaining countries.

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