New Swiss representative at the World Bank Group

Press releases, 13.03.2020

On 13 March the Federal Council nominated Dominique Favre as Switzerland’s new representative at the World Bank Group in Washington. It has also conferred on him the title of ambassador. Dominque Favre will serve as Alternate Executive Director of the Swiss-led constituency from the autumn, before assuming the role of Executive Director in the period 2022-2024.

Dominique Favre will take up his post in November when the term of office of the current Executive Director, Werner Gruber, ends. At the same time Poland will assume the running of the Office of the Executive Director at the World Bank in Washington. The formal leadership in the constituency remains with the Swiss Governor, Federal Councillor Guy Parmelin. This is in accordance with the arrangement made with Poland in 2016, whereby the directorship of the constituency is held alternately by Poland for two years and by Switzerland for four years. Dominique Favre will therefore serve as Alternate Executive Director until autumn 2022 before taking over as Executive Director until 2024.

Dominique Favre, born in 1971, holds a Master of Law from the University of Fribourg and has built up a wealth of experience in the field of Switzerland’s bilateral and multilateral cooperation. He has held the post of Deputy Head of Mission at the Swiss Mission to the UN in New York since 2017, and is a Vice President on the UNICEF Executive Board. Between 2013 and 2017 he first served as chief of staff for Regional Cooperation, and then as deputy head of Global Cooperation at the Swiss Agency for Development and Cooperation SDC in Bern. As such he was actively involved, in conjunction with SECO, with Switzerland’s work in the World Bank Group and other international financial institutions. Between 2008 and 2013 Dominique Favre was first deputy head and then head of the Swiss Enlargement Contribution Office in Warsaw.

Switzerland has been a member of the World Bank Group since 1992. The Group consists of the International Bank for Reconstruction and Development (IBRD), the International Development Organization (IDA), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The Board of Directors of the World Bank, with its 25 directors, sets operational, financial and administrative policy and decides on the annual financial programme and programme of operations, as well as the administrative budget. The directors also decide on country and sectoral strategies, as well as the financing of development programmes and projects.

Switzerland’s executive directors do not only represent Switzerland’s interests but also those of the other countries in its constituency. The member countries of the Swiss-led constituency at the World Bank are Azerbaijan, the Kyrgyz Republic, Kazakhstan, Poland, Serbia, Tajikistan, Turkmenistan and Uzbekistan.


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The Federal Council
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