OREANDA-NEWS. November 08, 2013. Managing Director and World Bank Group Chief Financial Officer Bertrand Badre will visit Russia on November 7th – 8th, 2013.

Mr. Badre will be representing the World Bank Group at the G20 Financial Stability Board Plenary Meeting, hosted by the Central Bank of Russia. In addition, he will get first-hand information on Russia’s growing role as a regional and global player in development when he meets with Ministry of Finance and the Central Bank of Russia officials, as well as representatives of a national think-tank and business communities to discuss economic and social challenges facing the country.

“It will be my first visit to Russia since joining the World Bank Group in March 2013. I am looking forward to contribute to the international dialogue on financial standards and best practices at the Financial Stability Board Meeting organized in the framework of Russia’s G20 chairmanship,” commented Mr. Badre on the eve of his arrival to Russia.

Meetings will focus on the priorities of the World Bank Group partnership with the Russian Federation, a high-income country, especially in the areas of public financial management, financial markets development, and corporate governance of financial institutions. Mr. Badre will enquire on how best the Bank Group could support Russia’s inclusive growth and shared prosperity, including possible greater involvement in areas such as debt management.  Mr. Badre will also share and seek views on the World Bank Group’s corporate developments and change process.

During his visit, Mr. Badre will have an opportunity to meet some of IFC's clients (International Finance Corporation)  to better familiarize himself with the private sector development agenda and learn about the companies’ partnership with IFC in Russia.