Name: Qorkhmaz Last name: Aydinli Faculty



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ASEU TEACHERFILE WEB 2021-01-14 6883882352244356181.docx 1613486578

Membership

Member States govern IFAD through the Governing Council and the Executive Board. These two bodies make all major decisions for the organization. Held annually at IFAD headquarters in Rome, the Governing Council is the Fund's main decision-making body and is open to all Member States. The annual meeting and proceedings are the basis for IFAD's continued rural development efforts, along with its partners on the ground. The Executive Board is responsible for overseeing the general operations of IFAD and for approving its program of work. Membership on the Executive Board is determined by the Governing Council. Executive board members serve a three-year term of office. The Evaluation Committee is a sub-committee of the Executive Board which performs in-depth reviews of selected evaluation issues and the Independent Office of Evaluation's (IOE) strategies and methodologies. It discusses selected evaluation reports and it also makes suggestions for including evaluations of particular interest to the Committee in the IOE annual work program. The Audit Committee is a sub-committee of the Executive Board which deals with audit-related matters on an ad hoc basis. The IFAD President chairs the Executive Board and is responsible for overall management of the Fund. The President is selected by the Member States for a four-year term that is renewable once. As a unique partnership of members of the Organization of the Petroleum Exporting Countries (OPEC), other developing countries, and member countries of the Organisation for Economic Co-operation and Development (OECD), collaboration at the global, regional, national and local levels is essential to our work. Member States have the ultimate decision-making power on all matters, including policy, financial or membership issues.




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