Artikel 30

a). The President shall, under the direction of the Board of Directors, conduct the current business of the Bank, and shall be the legal representative of the Bank. He or she shall be responsible for the organization, appointment and dismissal of the officers and staff. In appointing officers and staff, the President shall, subject to the paramount importance of efficiency and technical competence, pay due regard to recruitment on a wide geographical basis among members of the Bank, with due attention to regional recruitment.
b). The Board of Governors, by a vote of a majority of the total number of Governors, representing not less than a majority of the total voting power of the members, shall elect a President. The President, while holding office, shall not be a Governor or a Director or an Alternate for either. The term of office of the President shall be five years, and he or she may be re-elected once. He or she shall, however, cease to hold office when the Board of Governors so decides by special majority. If the office of the President for any reason becomes vacant, the Board of Governors, in accordance with the provisions of this paragraph, shall elect a successor for up to five years. The Board of Governors shall determine the salary and terms of the contract of service of the President.
c). The Bank, its President, officers and staff shall in their decisions take into account only considerations relevant to the Bank’s purposes and operations. Such considerations shall be weighed impartially in order to achieve and carry out the purposes of the Bank. The President, officers and staff of the Bank, in the discharge of their offices, shall owe their duty entirely to the Bank and to no other authority. Each member of the Bank shall respect the international character of this duty and shall refrain from any attempts to influence any of them in the discharge of their duties.