IBRD Retirement Plans

International Bank for Reconstruction and Development is a banking institution based in Washington, District of Columbia. The bank was created in 1944 to help Europe rebuild after World War II. Today, IBRD provides loans and other assistance primarily to middle-income countries. It is a multilateral development bank in the world and is one of the five institutions of the World Bank Group (WBG). IBRD is owned by the governments of its 188 member countries, which are represented by a 25-member board of 5 appointed and 20 elected Executive Directors. The assets are managed y the Board Members.