THE 1818 SOCIETY

BULLETIN Volume 3, Issue 9

www.worldbank.org/1818

From The 1818 Society President’s Desk

Dear Members: On behalf of the Society, I have written to Professor Jim Kim to congratulate him on his appointment as President of the World Bank Group and have offered our full cooperation as he leads the Bank at an exciting time. We extend a warm welcome to him and wish him success. An 1818 alumni team, led by Danny Leipziger, has undertaken a diagnosis of the challenges facing the new President and this has been provided to him. It has also been released more widely and is on the 1818 website. While the views expressed do not reflect the views of the 1818 Board or the membership of the Society, it is certainly a useful starting point for a broader dialogue. Your Society encourages all its members to contribute comments and ideas through a special gmail account 1818wbvisionforfuture @gmail.com set up for you to send comments. Your contribution would further strengthen the materials before the new leadership team at the Bank, as they take office. We are also planning an Alumni Forum meeting on or around Wednesday May 30th, at which the 1818 Alumni Team would

April 2012

present its findings and discussants would present different points of view, as made available through the special gmail account and other sources, as well. The production of this document has opened the possibility of teams of alumni embarking on studying a topical issue of their choice and producing a short document on their own but under the auspices of the 1818 Society, to promote a broader debate on the topic. This is a good way of making knowledge that resides within the Society reach a wider audience. If you wish to lead such an effort, please indicate the topic and pick a team, as Danny has done, and contact me. The Society would be delighted to facilitate your effort. Turning to the Medicare B reimbursement issue, the management paper to the Board is being reviewed at high levels and we hope that the open and transparent process used to investigate the issue and arrive at recommendations to management will bear fruit in terms of a fair and balanced decision. We will keep you informed as soon as a final decision is announced. In regard to the "Cooling Off " period for retirees employed as Short Term Consultants, according to information posted on the Bank website, the start date (July 1, 2012) of the period has so far been delayed to a date in FY 2013 for only 16-17% of the about 1200 retirees affected. To date, of the requests received from Vice- Presidents, the MDs and CFO have approved 205 requests, while denying approval of 9 requests. Several other retirees who had to "cool-off" have realized their value in the employment market and have found alternative jobs. Some have

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cheerfully taken a break, doing better things. And some jobs have been filled by retirees who were not working earlier and therefore had already "cooled off". Sadly, however, there are hard cases that require special assistance and Board Member Pat Neill, with cooperation from Bank HR, is devoting the time and effort needed to address their concerns. Meanwhile, the Bank has needlessly deprived itself of valuable contributions from experienced and loyal former staff. There are many other matters on the front burner, but I will revert to them later, having already encroached on too much of your time. With best regards Shiva (J Shivakumar)

Chapter Events ANZ CHAPTER The next Chapter meeting will take place in Canberra. The programme will be over a three-day period: 1-3 May 2012. It will include the business meeting, a dinner, a seminar on development at the Australian National University, plus cultural events in the various art galleries and museums, and visits to wineries in the region. There is a degree of flexibility that will allow Chapter members choices according to their interests. Jo. Martins will advise Chapter members of the details. However, any colleagues from other parts of the planet will be welcome to participate and enjoy the range of places to see and things to do at the Australian Capital Territory, and to renew contact with colleagues from Australia and New Zealand. For matters concerning the Australia-New Zealand chapter, please contact Jo. M. Martins, at [email protected], Tel: (02) 997-33022

April 2012 BRITISH CHAPTER (BC)

Reunion and Annual General Meeting 11 -13 May 2012 Llandudno, North Wales The 2012 reunion and AGM of the British Chapter will be held in Llandudno, North Wales from 11 – 13 May. Members of other 1818 Society chapters who wish to attend can be assured of a very warm welcome. Accommodation will be in the St. George‘s Hotel, a four-star hotel located on the sea front. With an impressive Victorian facade, the hotel promises ―elegance and excellence,‖ and recent refurbishment of all rooms and facilities ensures a comfortable venue for the reunion. Llandudno is a classic Victorian seaside resort, with an elegant esplanade and two great beaches. To the west is Great Orme, a rocky promontory rising to over 500 feet (150 m) that provides spectacular views along the coast. The splendour of Snowdonia is within easy reach and North Wales is studded with more castles than any history buff could wish for. Gardens, bird watching venues and Victorian industrial sites abound. The tentative programme for the weekend, developed with the help and local expertise of John and Monica Peberdy, includes a guided walk around the town on Friday evening, or a trip to the summit of Great Orme on Britain‘s only cable tramway. On Saturday, a coach trip includes a visit to Bodnant Gardens, a National Trust property that should provide a splendid show of rhododendrons and other late-spring flowers. A trip through part of the Snowdonia National Park will follow affording views of some of the best scenery in Snowdonia. There will be a visit to the Welsh national slate museum. Welsh slate or ―ilechi‖ in Welsh, kept a roof over Norman heads and in the 19th Century, Oakely Mine was the largest slate mine in the world and Welsh slate was exported all over the world. An after-dinner speaker will entertain us and could amaze us all with magical illusions.

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Llandudno not only provides a base for further exploration of Snowdonia but is located close to Anglesey, with its own range of attractions. For those wanting to extend their holiday, a fast-cat ferry from Holyhead can take you to Ireland. More detailed information on the reunion and surrounding attractions is available on the British Chapter website www.1818bc.org.uk A notice and booking form was distributed in February with further information about the programme and activities arranged by the Society, together with the contact for booking hotel rooms. If you have not seen these details and would like to attend, there is still time to book so contact: Ian Hill, Event Organizer, [email protected] CANADIAN CHAPTER Canadian retirees who are interested in joining can contact Jim Smith on jsmith.econ @gmail.com or Helene Masson on [email protected]. Jim and Helene would also welcome help in the task of contacting other Canadians who may potentially be interested. CHILEAN CHAPTER A lunch has been arranged for the Chapter members living in the Vth Region (coastal area in Central Chile). The event will take place on March 31 at the Divino Pecado (Divine Sin) Restaurant; San Martín 180; across the Viña del Mar Casino. For suggestions of future (July/August) gatherings, please contact Miguel Schloss ([email protected]) or Silvia Lay ([email protected]) or call 56-2-458-6050 or 56-96-140-0559. For the coming months, and until further notice, points of contact for the following issues are: Aetna  Jorge García-Mujica ([email protected]);

April 2012

Vanbreda  María Angélica Correa ([email protected]); Web page  Ricardo Martin ([email protected]); SRP currency & foreign exchange issues  Jorge García-Mujica ([email protected]); SRP general  Miguel Schloss ([email protected])

DUTCH CHAPTER Thirteenth Annual Reunion Date: August 30 – September 1, 2012 Place: Middelburg, Province of Zeeland This reunion will take place in the southwestern part of the Netherlands in the island province of Zeeland. We will stay in its capital, Middelburg, and will be lodged in a modern hotel at the outskirts of town.

The province of Zeeland is a large river delta. Most of the province lies below sea level and was reclaimed from the sea over time (hence the name ―sea land‖). It is protected by dikes. The shape of the islands has changed over time by the hands of both man and nature. Floods occurred frequently. The flood of 1953, when many dikes broke during a very sever storm, caused much damage and 1800 people drowned. As a result, the Dutch embarked on the ambitious Delta Works to protect Zeeland from future flooding. It took about half a century to strengthen dikes, construct dams and floodgates, and to construct tunnels and bridges. As a result Zeeland is now an integral, easily accessible part of the Netherlands. In the ―golden‖ 16th and 17th centuries, Zeeland was next to the province of Holland the most important province in the ―Low Lands.‖ It had its own fleets and admirality, and from four ports it traded worldwide as part of the Dutch East India (VOC) trading empire. From the 18th century on, its importance declined. During World War II, Zeeland became strategically important as it controlled sea access to the port of Antwerp.

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April 2012

As a result, there were many battles, bombardements and inundations.

To participate in the reunion follow these three steps:

In the 8th and 9th centuries, Middelburg was already fortified against the Viking raids. A monastry was built in 844. It was granted city rights in 1217. It became an important trading center, first for trade between Flanders and England, subsequently as part of the Hanseatic League, and again later as part of the VOC. In the 17th century, it also played an important role in the slave trade. Much of the old city center was bombed in the early phases of World War II. The city has been partly reconstructed, and the medieval Abbey is still in use today as a museum and the seat of the provincial government.

(i) make your reservation with the Van Der Valk hotel before July 30 using reference code MID-GF1526 at [email protected]

When Willem of Orange decided to found the first university in the Netherlands in 1575, he initially considered locating it in Middelburg, but ultimately chose Leiden. Middelburg and Zeeland remained without university until 2004, when the Roosevelt Academy, affiliated with Utrecht University was established. There is also an important link with the USA, as the Roosevelt family origins are in Zeeland. The reunion program in summary: On Thursday afternoon a city tour or a visit to the museum, followed by a reception at the Roosevelt Institute, and dinner in a local pub. On Friday, we will boat to Veere (another historically important harbour). From there we will go by bus past some of the important Delta Works, visit a winery (can you imagine in Zeeland?), and tour the ―Watersnood‖ museum – a museum about the 1953 floods. In the evening we will have our traditional dinner, and the next morning our annual meeting, followed by lunch. We have made arrangements with the Van Der Valk Hotel for a two night B&B arrangement and dinner on Friday: Euro 275 (double occupancy) and Euro 207,50 (single occupancy). In addition there will costs for transport (boat, bus), guides, musea and the pub dinner, estimated at Euro 100 p.p.

(ii) register with the Event coördinator Jan ter Vrugt [email protected] (iii) transfer Euro 100 p.p. as soon as possible to the chapter‘s account: number 8183950, RJ van der Lugt – WB, Milsbeek (especially for our ―foreign‖ friends can also pay cash upon arrival in Middelburg – but please let the coördinator know that you plan to do so. Fourteenth Annual Reunion Date: September 5 – 7, 2013 Place: Province of Friesland Friesland is a province in the northeast of the Netherlands. Two languages are spoken: Dutch and Frisian. Friesland (or Fryslan), predominantly an agricultural area (dairy), is flat with many lakes and waterways. It is famous for its 200km 11-cities ice skating race, and skutjes sailing, a regatta of traditional flat bottom freight sailing ships. There are also small towns and estates (―Friese State‖). We will stay in the ―de Klinze‖ estate in Oudkerk for our reunion and from there explore the province. Our reunion announcement was (e)mailed during the last week of March/first week of April. If you did not receive this and/or if you want to make sure to stay on our distribution list, please let us have your details. Please send these to the chapter: Robert van der Lugt, Duindistel 28, 2202DG Noordwijk, the Netherlands [email protected] Future Reunions 2014 September 4-6 2015 September 3-5 2016 September 1-3

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FRENCH-SPEAKING CHAPTER The General Assembly of 1818 French Chapter is scheduled for Thursday, March 29 at 6:00pm at the World Bank European Office in Paris. An internet communication has been sent to all members. Those who plan to attend are invited to inform Olivier Lafourcade at: [email protected] The Autumn Outing of the Chapter has been scheduled for the week-end of September 28-30, 2012. This year's destination is Metz and its surroundings in the Lorraine Region. Further information will be circulated in due time. The Chapter‘s website can be found at: http://www.1818france.org. For further information, please contact Olivier Lafourcade at [email protected]. GERMAN-SPEAKING CHAPTER Arrangements for the 2012 annual meeting of the German-Speaking 1818 Society Chapter meeting, which will be held in Bern, the capital of Switzerland, from September 7-10, are being finalized. A program will be circulated to members of the GermanSpeaking 1818 Society Chapter and to chapter heads at the end of March. Hotel reservations can be made via [email protected] Given that Bern does not have a hotel which can accommodate all participants—expected to be more than 100—there are five hotels where bookings can be made, with three at the Novotel being under one roof: Hotel Bern which offers double rooms at CHF 240 and single rooms at CHF 195, breakfast not included; Hotel Baeren which offers double rooms at CHF 245 and single rooms at CHF 180, breakfast included; as well as the Novotel which also hosts two smaller hotels IBIS and Etap - which all form part of the Accor group. Double rooms at the Novotel are CHF 209 and singles CHF 154; at the IBIS and Etap there are double beds only, regardless of one or two occupants, at CHF 112 and 107, respectively.

April 2012

Most events will be at locations close to the Bern Hotel. Bern is a relatively small city with excellent public transportation facilities. The Novotel and its subsidiaries are a 10 minute tramway drive away from Hotel Bern. The detailed program will provide guidance on how to move around in Bern. JAPAN CHAPTER As our Japan Chapter announced on the last Bulletin, we started the project so called ―The World Bank Group & I.‖ This project is to trace and commemorate our members‘ main "footprint" during the terms that each of our members served in the World Bank Group. The project will be led by an executive director, Tadashi Endo. The project will takes five years by covering 20 to 30 members‘ records for each year from 2012. Mr. Chuck Ziegler is already assisting to make historical event charts of The World Bank Groups for easy trace writing of our members‘ draft editing. The final goal of this project is to issue it as a book for the general public. The Japan Chapter is now considering whether to issue it in English as well as Japanese. The Japan Chapter would appreciate it very much if the other chapter members would express your own view whether it should be issued it in English or any other languages. The other chapter notices are: 1. The third study meeting was held successfully from 6:30 PM in February 25th, 2012 at Kenedix Blg. 2F in Shinbashi, Tokyo. The lecturer was Mr. Tsutomu Shibata and the subject was ―Current Trend for Establishing National Development Bank and Public Finance for Development‖. (See some of pictures on our Japan Chapter Website : http://www.1818societyjapan.com/ ) 2. The first semi-annual meeting was held at KKR Hotel at Othemachi, Tokyo from 6 PM to 8PM on February 24th, 2012. (See some pictures on our Japan Chapter at

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http://www.1818societyjapan.com/)

3. 2012 sixth annual meeting will be held on July 8th, 2012 at Beijing cuisine Toh Lee (Chinese) of Grand Prince Hotel New Takanawa. Detail plans will be announced in the coming spring. As Japan Chapter‘s membership rules are more liberal than 1818 Society‘s rules in terms of eligibility, we are always happy to welcome you to be a new member. Please contact with our administrator through e-mail: 1818societyjapan@ gmail.com for details. For further information and/ or details, the contacts in Japan are: Mr. H. Hamaguchi, Director, at harutaka_hamaguchi@kenedix. com; Mr. T.Kudo, Director, at [email protected]; and Mr. Masayoshi Takahashi, President, at [email protected]. For the Washington DC area, contact Mr. Kunio D. Kikuchi, HQ Liaison, E-mail: kunio_kikuchi@ yahoo .com. The Japanese and English-language version of the Japan Chapter‘s Web Home page can now be found at http://www.1818societyjapan.com/. FLORIDA CHAPTER For matters concerning the Florida Chapter of the 1818 Society, please contact Audrey Johnson at [email protected]. Cross-Continental Meeting in Iceland JULY 9-12, 2012 The Society is planning a meeting of Society members and their families and friends in Iceland in July 2012. The Registration/Purchase website is available at the following URL: https://asp.artegis.com/lp/1818Society/1818 Society?1=1, where you can find the scheduled timing of each program item under the tag of ―Bookings‖. The site should otherwise be self-explanatory, but in case there are enquiries, you can contact the travel

April 2012

agency via the link on the above website. You can also contact Sverrir Sigurdsson at [email protected], but please note that his e-mail connection will be intermittent after June 29, when he will be traveling in Iceland. A recapitulation of the main details is as follows. On July 9, the program starts in the evening with a pre-dinner drink and communal dinner in the Hilton Hotel. During the event, the Permanent Secretary of the Ministry of Economy and Commerce, Helga Jónsdóttir, will address the assembled guests on the topic of the economy of Iceland during the past century. Some of you may have met her during her stint in the early 1990s as the Alternate Executive Director for the Nordic Countries in the Bank. On July 10, the full-day program begins with a visit to a state-of-the art geothermal power plant about 15 miles outside Reykjavík. From there we proceed to scenic, historical and geological sites, including the hot spring, Geysir, which has given its name to all other hot springs in the world. The evening is free. On July 11 in the morning, the participant have a choice of (1) a guided walking tour through old-town Reykjavík, sampling Icelandic delicatessen en-route, and ending for lunch in one of Reykjavík‘s best-know restaurants; (2) a visit to the geothermal spa, Blue Lagoon, with a further choice of either bathing at the spa, or (3) continuing to a nearby fishing village, Grindavík. The Grindavík harbor was part of a World Bankfinanced operation when a volcanic eruption in 1970 threatened to destroy the only good harbor in South Iceland. Groups 2 and 3 will enjoy a communal lunch at the Blue Lagoon. In the late afternoon, the President of Iceland has agreed to receive the 1818 group at Bessastaðir, the official residency of the President, a few miles outside of Reykjavík. There are some restrictions on the number of people that can be accommodated, so a priority will be accorded to Society members and their spouses. Otherwise this visit is on a

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first come, first served basis. If there is an overflow for the Bessastaðir event, there will be a guided bus tour of Reykjavík for those who cannot join. The rest of the evening is free. On July 12, those who plan to return to the USA in the afternoon (or those who plan a longer stay in Iceland), can join a tour that stops by the Blue Lagoon and allows you a relaxing bath on the way to the airport. The hotel rooms are block-booked for the period of July 6 - 16, 2012. That is a few days before and after the reunion. You must register before May 1 2012, or there is no guarantee of a room. Please contact [email protected] for assistance with extra nights outside the July 6 - 16 period. Otherwise the hotel might charge you a higher rate. The cancellation policies of the event are spelled out under the Booking tab. If flight traffic shuts down because of unforeseen events, such as a volcanic eruption, you will not be charged a cancellation fee for hotel and tours booked/operated by Iceland Travel. However, if an eruption starts while you are in Iceland, neither Iceland Travel nor the airlines will pay for your lodging and subsistence. As not all airlines have the same cancellation policies regarding eruptions you may wish to check their policies in this regard before booking the flight.

Thematic Group Events Each 1818 Thematic Group would like to link up with new retirees from its Group. Right now, leaders of the Thematic Groups review the list of new members in each 1818 Society Bulletin to spot newcomers affiliated with their sectors. Please help us improve on this hit-and-miss system by alerting the Thematic Group contacts mentioned below about new members affiliated with Operational Thematic Groups.

April 2012

Agriculture and Rural Development Chapter Shawki Barghouti [email protected] 1818 Economists' Chapter Vikram Nehru [email protected] Education Group Sverrir Sigurdsson [email protected] Energy Group Eugene McCarthy [email protected] HNP Group William McGreevey [email protected] Urban and Water Group Dick MacEwen [email protected]

1818 AGRICULTURE AND RURAL DEVELOPMENT CHAPTER Agriculture and Rural Development: The Way Forward

This year's SDN Forum was held from February 21 - March 1, with the overall theme of Green Growth for All. The ARD plenary discussed the state of agriculture. Over the past year, we have seen an increase in global development partner commitments to agriculture, but with continuing food price volatility, slowing world growth, and rising inequality stressed that for the next three-year action plan, more emphasis should be placed on climate-smart agriculture (CSA) and opportunities for green growth; integrated landscape approaches; food security and trade; and partnerships, including with the private sector. The forum on Green Growth and Climate-Smart Agriculture acknowledged the unique role agriculture plays in the climate change discussion - as both part of the problem and as a potential solution. From improved livestock management to reduction in nitrogen and methane emissions, the panel

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discussion focused on both the environmental impacts posed by the agriculture sector, as well as potential improvements that can be gained in the sector through adaptation, mitigation and policy creation. Other issues addressed included: -Supporting Income Generation and Good Governance using Community-Driven Development Projects: New Critical Thinking -Innovations for Small Producers Access to Markets: What Works? -Assessing the Impacts of Climate Change on Agriculture -Game Changers in Agriculture: Perspectives from Big Countries -To Store or Not to Store? A Debate on the Role of Storage in Food Security Policy -Co-Management of Natural Resources: Examples of Silvo Pastoral Systems For matters concerning the 1818 Agriculture and Rural Development Group, please contact Shawki Barghouti at [email protected]. 1818 ECONOMISTS' CHAPTER The Economists' Chapter is back in full swing in the new year. After a talk in February by Homi Kharas on "Is Aid Quality Improving? A Quality of Official Development Assistance (QuODA) assessment", the Chapter organized a presentation by Dennis de Tray on "We Have Met the Enemy: International Development Assistance in Afghanistan". We are pleased to announce that in April, Margret Thalwitz will talk on food security and in May we will hear from Jed Shilling about climate change. We look forward to seeing all of you at these talks and encourage you to send your reactions, thoughts, and suggestions to the Chair, Vikram Nehru ([email protected]).

April 2012 1818 EDUCATION GROUP

Mike Trucano of the HDNED Anchor gave a great presentation to the 1818 Education Group on February 13, 2012, of his work on the use of Information and Computer Technologies (ICT) in education. He discussed the many areas where technological advances have been made in this field, and highlighted the interest of the Bank‘s clients in this work. He also noted that the Bank had not been actively involved in recent times in promoting ICT in education. He pointed to a disconnect between the potential of these technologies, and how they are actually used in education systems around the world. Some in the audience pointed to past Bank involvement in this field, and how the promises of past ICT efforts seemed to perpetually fade away during implementation. Others lamented the fact that the Bank‘s most recent education strategy seemed to have sidestepped the use of ICT altogether. This group argued that past failures should not preclude continued efforts at harnessing this rapidly evolving technology for education, and help the Bank‘s clients make rational investments. Others also pointed out that the discussion should differentiate more clearly between the use of ICT at different levels of education, with the higher levels clearly needing ICT, while its use at the primary level in much of the world was questionable. The discussion was lively, and we thank Mike for an excellent presentation. Sverrir Sigurdsson ([email protected]) is the organizer of the 1818 Education Group. In addition to Sverrir, the organizing/advisory group consists of Marlaine Lockheed ([email protected]), Eluned Schweitzer ([email protected]), and Larry Wolff ([email protected]). Other retirees are encouraged to add diversity and ideas by joining the advisory group.

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Volume 3, Issue 9 1818 ENERGY GROUP

A special thank you to Antonio Barbalho of MIGA, who gave a superb presentation on March 15 on ―Brazil‘s Dramatic New Opportunities for Enlightened Public Policy and Private Sector Investment in the Energy Sector,‖ covering a lot of territory in just over 30 minutes that included, inter alia, (i) Brazil Electricity Supply Industry- is the tide changing?; (ii) Brazil‘s Oil and Gas Industrythe pre-salt revolution; and (iii) Is Brazil‘s recent energy experience relevant? For those of you unable to attend, you can obtain a summary of Antonio‘s presentation by contacting Mike Gillette at [email protected] For our second presentation in 2012 we will welcome the new manager of ESMAP, Rohit Khanna, who has kindly agreed to reflect on ―ESMAP at 30,‖ and discuss ESMAP‘s new challenges after three decades in existence. The presentation will take place in the Bank on Wednesday, May 23, from 12 noon to 2pm- so please ‗save this date,' which is just prior to the Memorial Day weekend. We will be sending you all a more detailed e-mail on this presentation before the end of April. We want to let you know that one of our ‗younger‘ energy retirees, Selina Shum, who was a member of the very first energy project task teams to China in the early 1980s, is presently recovering from a brain surgery operation at her Los Angeles residence. Please keep her in your thoughts and prayers that she makes a full recovery. We also remember Mario Piccagli, one of the power engineers in the Bank‘s earlier years (1954-1970), who passed away in late January, just shy of 92 years. A full tribute to him, written by Yves Rovani, can be found on the 1818 Society website under ‗Remembrances‘. Finally, we remind you again to let us have your ideas about further topics, especially potential speakers, who may be visiting the Washington DC area later in 2012.

April 2012

For further information about activities of the Energy Sector Group, please contact either Mike Gillette at [email protected], Akin Oduolowu at [email protected], Yves Rovani at [email protected], Eugene McCarthy at [email protected] or Hal Wackman at [email protected] 1818 HNP GROUP McGreevey met with sector manager Dr. Cristian Baeza and Ms. Laura Coronel on 21 Feb 12. Dr Baeza expressed a strong interest in presenting to our group new initiatives currently underway in our sector. Due to frequent travel obligations, we have not yet set a meeting date, but early May looks broadly feasible. Wednesdays present a difficulty due to sector managers meetings on that day of the week. We continue to seek a time to achieve maximum participation. Please forward suggestions for future sessions to [email protected] and we will seek to respond to all interested parties. Please induce friends and colleagues not now within reach to join our efforts. We have a site on GoogleGroups that all are invited to join. 1818 URBAN AND WATER GROUP We would like to test an idea of increasing the number of meetings of the Water and Urban Retiree's Group, currently at four meetings a year, by adding a few informal gatherings. During such get-togethers there will be no speaker's presentation, but a venue for members to socialize and to learn more about each other's recent retirement experiences. Accordingly, you are cordially invited to an informal lunch at Bank Dining Rooms D&E on Tuesday, April 10th. As usual, the social hour will start at 11:45 AM and the lunch at 12:15 PM. The cost will be $31, payable at the door. Please let me, Dick MacEwen, know by email if you plan to attend no later than 12 noon, Monday April 9th. Let us know early if you can. You can always cancel later if your circumstances change.

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Please note that the Dining Room requires that we pay for the number of reservations we report the day before. We usually under report, knowing there will be a few last minute cancellations; however, we don‘t always get it right and we end up having to pay more than we collect. In order to keep the flexibility of collecting at the door rather than asking for payment in advance, from now on we will be asking members who cancel after the reservation deadline or fail to show, to share in any financial short fall. If you are interested in receiving information about the Water Group‘s activities, please contact Dick MacEwen at email [email protected]; tel 703-734-0367. He will add your name to the group‘s email distribution list. An Opportunity to Join LinkedIn In an effort to improve our networking ability amongst World Bank Group alumni, a new LinkedIn group has been set up with the title:

The 1818 Society, World Bank Group Alumni Association.

This is a networking tool used by some 100 million professionals and by many alumni associations. You will be required to join LinkedIn for free at: www.linkedin.com By joining LinkedIn you will be able to join our new group, which will allow those members interested in keeping in touch with former colleagues and in expanding their personal networks to have a central point of contact. You will see that many of your former colleagues have already joined. The more members who join, the more effective this tool will become. The more professional information you provide, the more useful this tool will become. EVENTS IN D.C. If you live in the DC area, or are visiting, we hope you will sign up for our exciting activities and visits in the DC area! To give a few examples of some of our activities, in

April 2012

March we visited the Lincoln Cottage, where President Lincoln spent about half of his presidency during the Civil War. On April 17, we will be visiting the US Botanic Gardens, and on May 7, we plan a tour of some of the works in the Sackler Gallery of the Smithsonian Institution. Please join us whenever you can! Details are, or will be, posted on our website. An e-mail is normally sent to those living in the DC area by the 1818 Society office with the details of the visits. If you do not have access to a computer, or wish to receive notices but are not on the current list of email recipients, please call the office at 202 - 248-1956 to register your name with them. FUND-BANK SKI CLUB PROGRAM The Fund-Bank Ski Club is sponsoring: Biking in Hawaii October 6-14, 2012 $2300 pp double occupancy Group size: 12 What could be better than exploring MauiMolokai-Lanai on the seat of a bike. For more information consult: www.fundbankskiclub.org, or email [email protected]. DUPONT CIRCLE VILLAGE Some of you heard about the Dupont Circle Village during the panel discussion on ―Aging in Place‖ at the Nov. 3, 2011 RALC seminar. The Village is a thriving, growing community that helps older Circle residents preserve their independence as they age, and we invite Bank staff and retirees who live in the Dupont Circle area to join us. If you would like more information about the Dupont Circle Village, please contact Kenlee Ray at [email protected], 202-483-2423, or check out our website: dupontcirclevillage.org.

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CREDIT UNION TOWNHALL MEETING

An informational Townhall meeting with members of the Credit Union Management Team and their Online Banking experts will be held on Friday, April 13, 2012 at MC 2 800 from 10.30-12.30. The agenda is: - Outcome of the Board Elections - Hands-on Demonstration of recent enhancements of the Online Banking system - Updated Fraud Awareness Presentation If you wish to attend, please refer to the email dated March 22, 2012 that you received which has a link enabling you to register online. SAVE THE DATE: 3rd Townhall, Wednesday, June 27, 10.30-12.30: Meet the new BFSFCU Board of Directors and Presentation of the Credit Union‘s Strategic Plan. At this Townhall, the Credit Union Management will present the CU‘s strategic plan, progress on goals, update members on current and planned initiatives, and also update us on financials through April 30th. By this date, the new Board will have had an opportunity to meet and determine their agenda for the coming year and they will also be invited to participate. The Townhall will then be opened up to any specific questions that members may have for either Management or the Board. This meeting will be video-taped for those members who are not able to participate. Estate Planning Seminar Estate planning through wills and trusts, Estate and gift taxes for US Citizens, Permanent Residents, and Non-Resident Aliens, and Tax saving strategies using bypass trusts and qualified domestic trusts. When: Wednesday, April 11, 2012 - 1:00p Where: World Bank, I Building (1850 I Street, NW) Room 2-250

April 2012

Presenter: Nicholas M. Fobe, Esq., from Verstegen & Fobe Please visit BFSFCU.org to register to attend. We look forward to seeing you there! PROFESSIONAL SERVICES REFERRALS Request For Names Of Providers Members frequently request the names of professional service providers, such as Tax Accountants/Lawyers, Estate Planning Lawyers and/or Immigration Lawyers with solid international expertise. While the 1818 Society does not ‗recommend‘ providers, we feel it is useful to maintain a list of providers based on names put forward by members. We would now like to update the list and request that members review the list and provide us with the names and contacts of additional providers they wish to recommend. In particular, we would appreciate the names of competent and inexpensive accountants. The list is available on the 1818 Society website (www.worldbank.org/1818) under the Members Area link (to open, please use the 1818 password). To ensure impartiality, excellence in service, as well as cost effectiveness, we invite members with positive experience with a provider to put forward by email ([email protected]). Providers will be added to the list if two members propose them. We also ask that those members be willing to accept occasional calls from members regarding the provider. Providers on this list will be invited to participate in seminars presented by The 1818 Society. Copies of the list will also be available in the 1818 Society office. The provider will be contacted and requested to provide some basic information, such as professional certifications, states where licensed, areas of specialization, number of employees, and fee structure (the latter will be optional).

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April 2012

Any member who needs these services can then look through the entries, the firm‘s fee structure (if available), talk to references, and decide whom to approach. Fee information would be optional, but if members consistently prefer professionals who indicate their fee structure and have good references, less forthcoming service providers may also choose to respond to what the market demands.

avoid undue consequences due to postal delays, in addition to sending the duly completed Life Certificate via regular mail, you may send a copy of your Life Certificate via fax to (202) 522-1723, or send a scanned copy via e-mail to 1pension@ worldbank.org.

Sandra Hadler

http://staff.worldbank.org/pension/lifecertifi cate

Please Keep Your Address and E-mail Up-to Date Please remember to inform the 1818 Society when your address, phone number or e-mail changes. The best way to do this is via e-mail as it reduces typing errors. Do not inform an address change over phone. The Society‘s email is [email protected]. The mailing address is: The 1818 Society, P.O. Box no: 27388, Washington DC 20433. World Bank Mail Stop no: MSN MC 1-104.

Please include your UPI on all e-mails sent to The 1818 Society office. REMINDER

Please note that you can use the below link to verify the receipt of your Life Certificate:

For any questions please contact Pension Administration Division at: Mailing Address: The World Bank Pension Administration Division 1818 H Street, NW, MSN C7 Washington, DC 20433, USA Telephone: (202) 458-2977 (within the US) 001-202-458-2977 (from outside the US) Fax Number: (202) 522-1723 (within the US) 001-202-522-1723 (from outside the US) E-mail: [email protected]

ALWAYS include your UPI/Staff Number in all correspondence Website: http://staff.worldbank.org/pension Pension Kiosk Room Number: MC 1-850

Retiree’s Life Certificate for the Year 2012 Last month, the Pension Administration Division sent to all retirees Life Certificate for the year 2012. These Certificates are to be completed and sent to Pension Administration Division no later than April 30, 2012. Note that non-receipt of a duly

completed Life Certificate by this deadline would lead to the suspension of pension payment. Therefore, retirees are advised to

give a high priority to this matter. Those who want to hand deliver the Life Certificate can do so at the Pension Administration kiosk at MC 1-850 (across from the Society‘s Office). They need not go the Pension Administration Division‘s office in ―C‖ Building. In order to

IMPORTANT REMINDER Required Medicare Enrollment and the Retiree Medical Plan (RMIP) Under the rules of the RMIP, retirees (and their covered spouse or domestic partner) are required to enroll in the National Health Plan (NHP) of the resident country registered with Pension if they are eligible on the same basis as a national of that country. In the United States, the NHP is Medicare and enrollment in Medicare is required for all eligible retirees and their spouse or partners in the RMIP.

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Most World Bank retirees who are now U.S. citizens or permanent residents aged 65 or over are eligible for at least Medicare Part B. Failure to enroll in Medicare Part B when eligible can result in a Medicare premium penalty if you enroll at a later date and can reduce your RMIP claim reimbursements for U.S. medical services. Further information is available on The 1818 Society web site. Click on Related Links, then click on Retiree Medical Insurance Plan (RMIP) and Medicare FAQs. Job Opportunities Job opportunities at the World Bank Group and other organizations are regularly posted on The 1818 Society‘s web site at: http://1818members.wordpress.com/jobopportunities/. Volunteer Opportunities WBFN Book Project is also looking for volunteers who can help out between Monday and Wednesday from 10am to 3pm. They are currently packing books destined for schools in Nigeria and then we'll be packing for Papua New Guinea. Small groups of 6-7 volunteers are also welcome. The tasks include:  making up boxes  stamping books  sorting books  packing books  updating the web site

If interested, please contact us at (202) 473 8960 or email at [email protected] Hours: Monday, Tuesday, Wednesday between 10.00 am and 3.00 pm. Location: Basement of the J building, Room B3-105, 701 18th Street NW, Washington DC

April 2012

World Bank Group Alumni Association The 1818 Society Postal Address: P.O. Box 27388 Washington DC 20038-7388 Telephone: (202) 458-1956 Fax: (202) 522-2417 E-mail: [email protected] Website: www.worldbank.org/1818 Board members – 2011/12 Kabir Ahmed, Caroll Long, Sandra Hadler, Aberra Zerabruk, Hugh Henry-May, J. (Shiva) Shivakumar (Chairman), Sverrir Sigurdsson, Patricia Neill, Ronald MacLean-Abaroa, Adrienne Nassau (Honorary Member). Officers & Staff – 2011/12 J. (Shiva) Shivakumar - President. e-mail: [email protected] Alexander Keyserlingk - Vice President Kabir Ahmed – Vice President Jeffrey Katz - Treasurer Marilyn Manalo - Assistant Treasurer David D. Jones - Auditor Catherine Fogle - Secretary Miren Fernandez - 1818 Society Office Manager Swati Srivastava - 1818 Society Office Manager Retiree Representatives on BG Committees Sudhir Krishnamurthi - Pension Finance Jeffrey Katz - Pension Finance A. Keyserlingk, - Pension Benefits Khalid Siraj - Alternate - Pension Benefits Publication Bulletin - Chuck Ziegler, [email protected] Chapter Contacts ANZ – Jo. M. Martins; e-mail : [email protected] Tel: (02) 997-33022 Canada – Jim Smith, e-mail: [email protected]; Tel: (613) 746-6407, Chile - Miguel or Silvia Schloss; E-mail: [email protected] Tel: (56-2) 458-6050 France - Olivier Lafourcade; e-mail: [email protected] Germany – Franz Kaps; e-mail: [email protected] The Netherlands - Robert Jan van der Lugt e-mail: [email protected] Tel: 31-71-3613860. Japan – Masayoshi Takahashi e-mail: [email protected] United Kingdom ― Mick Nightingale e-mail: [email protected] Tel: 44.1789.840 418 Florida ― Audrey Johnson [email protected]

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April 2012

Responsibility Matrix 2011-2012

Directors

Name and E-mail

Aberra Zerabruk, [email protected]

Legal adviser

Adrienne Nassau, [email protected]

Honorary Member, Discounts and Privileges

Carroll Long, [email protected]

Washington Social Events, WBFN, Volunteer Co-ordination

Hugh Henry-May [email protected]

Legal Adviser, IFC matters

J Shivakumar, [email protected]

Chairman and President

Kabir Ahmed, [email protected]

Insurance, Long term care

Ronald MacLean-Abaroa, [email protected]

Member at Large

Patricia Neill; [email protected]

Outreach to Country Office retirees, Retiree STC issues

Sandra Hadler, [email protected]

Retirement and Active Lifestyle Chapter, WBI Database Management, Directory, Office Equipment, Sector Groups

Sverrir Sigurdsson, [email protected]

Volunteers

Officers

Alexander Keyserlingk, [email protected]

Advisers

Responsibility

Catherine Fogle, [email protected] Marilyn Manalo, [email protected] J Shivakumar, [email protected]

Vice President, Pensions, Webmaster, Linkedin Secretary, Management of the Society Office, Program Implementation, Retirement Seminars Assistant Treasurer. Financial management, accounts and audit, MoU with WB, Resource Mobilization President, 1818 Management, Chapters, Alumni Forum, Community Connections Fund

Jeffrey Katz, [email protected]

Treasurer: Financial Policies and Financial Management of The 1818 Society; Resource mobilization

Kabir Ahmed, [email protected]

Vice President, Retiree Medical Insurance

Daniel Ritchie, [email protected]

NGO‘s Fair

Frona Hall, [email protected]

Member Remembrances

Inder Sud, [email protected] Sudhir Krishnamurthi, [email protected] Tom Blinkhorn, [email protected]

NGO‘s Fair

Deane Jordan, [email protected]

Tax Seminars

Zafar Ahmed, [email protected]

Alumni University links, EXT Liaison, Access to Bank information

Pension Finance & Pension Administration e-book publication

Chuck Ziegler, [email protected]

Editor 1818 Bulletin, Annual Meeting, Archives, Bank Oral History

Jean-Yves Maillat, [email protected]

International Retiree Organizations

Khalid Siraj, [email protected]

JPA Program, Tax Seminars

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Volume 3, Issue 9

From the Editor As attentive readers will have noticed, I am a keen advocate of the preservation of the institutional history of the World Bank Group. The members of The 1818 Society are in large measure a repository of that history, having made much of it themselves. It should follow that now and again its members make some effort to record and preserve that history. With that thought in mind, I am happy to announce that an occasion has arisen where 1818 Society members can do just that. The upcoming 60th anniversary of the relationship between Indonesia and the World Bank will be marked by a special commemoration in the Indonesia Country Office. Members are invited to contribute accounts, long or short, of their experiences in implementing the World Bank's various programs in Indonesia. They can be sent to me at [email protected]. I will also publish selected items in the "Special Historical Supplement" to The 1818 Society Bulletin.

April 2012

Bernard Abeille Bonnie Kramer Camelia Izquierdo-Gonzalez Candy Wong Carmelinda Blagg Carmen C. Martinel

Honduras

Carol F. Lee Caroline McEuen Cheryl W. Gray Craig R. Neal Cristina A. Zara Cristina V. Perez David H. Peters Donna Clark Elia Roumani Ellis J. Juan Florence Ivonne Lejuez Gholam H. Azarbayejani Gradimir Radisic

I am always happy to receive suggestions and comments. I can be reached at cziegler1@ hotmail.com.

Gustavo Erostegui

Chuck Ziegler, Editor

Helen Tang

Portugal

Hans C. Weenink

Switzerland

Hassan Lanrani

Morocco

Helena Issa

New Members

Hsiao-Yun Elaine Sun

We welcome the following Bank Group retirees/alumni to The 1818 Society.

Jemil-ud-din Kassum

Country of intended residence other than the USA have been added after their names.

Joelle Le Vourc' H

China

Jane Tannenbaum Jessica Mott France

Joseph Gonzalez Alan L. Piazza

Judy Tung

Ana Maria Morales

Kenneth Hill

Andrea B. Summers

Kyoichi Shimazaki

Andrew N. Vorkink

Lance A. Morrell

Anil Sood

Larry V. Pacis

Baljeet Singh

Linda C. Brady

Barry Johnson

Lucinda D. Pereira

Japan

South Africa

Page 16 Madeleine Z. Epote

Volume 3, Issue 9 Cameroon

April 2012

Shirley Matzen

Malonga Miatudila

Susan V. Bogach

Margaret Peters-Fawcett

Theresa B. Lee

Marie-Therese Riddell

Togni Mamazza

Mary Catherine Sheehan France

Vildan Verbeek-Demiraydin

Maryse Gautier

Vincent Turbat

France

Maurice Schiff

Vishwas Shirgaonkar

Michael G. Carroll

Yaba Toure Coquillat

Michel Bellier

France

Michelle Bridoux-Malcolm

Yaro Mamadou

Panama

Tunisia

Yunmee Lee

Mikael S. Mengesha Nasim Kassum

Artists' and Writers' Corner

Neeta Sirur Nilufar Ahmad Nitin Parekh Othello Richards P. Rose Gordon Panniga Ekanayake Paramjit S. Sachdeva Patricia N. Rogers Patricia Terra

Uruguay

Peter D. Thomson Pierre Rondot

France

Prudence Lehaney Rajiv Sondhi

Italy

Renganaden Soopramanien Robert Maurer

France

Robert O'Leary Robin Carruthers Ronald Hood Rosalia Rushton Rosario Z. Alipio Sandra C. Craig

Their Origin, Evolution, and Impact May, John F.( Member of the 1818 Society)

Saydeh Shammas Shilpa Patel

Claude Duval informs us that the second edition of the popular title International Petroleum Exploration and Exploitation Agreements: Legal, Economic and Policy Aspects, 2nd ed. SOFTCOVER is finally here. This extensive review of legal, economic and policy aspects has been updated with the latest information and new chapters. It is available from Amazon. This edition is also being translated into Chinese and Mongolian!

World Population Policies

Sannasie Thiyagarajan Sergio Margulis

Friedrich G Mack, is a retiree of the InterAmerican Development Bank. Thinking about his life, he took to writing. One product of his efforts that might be of great interest to employees of the World Bank, and maybe even more so to its retirees, is entitled Like Moments on a Time Machine, published under the pseudonym of Max. It is a series of short stories, in which the author tries to recapture experiences in his international life, which made him feel like he had been transported to former, or just different, times. The stories are entertaining, action-oriented and sometimes a little philosophical. The book is available as an e-book on Amazon.com:

Brazil

2012, 2012, XXVII, 339 p. 5 illus.

Hardcover, ISBN 978-94-007-2836-3 $139.00

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Volume 3, Issue 9

April 2012

The most exhaustive and comprehensive treatment of this historically important subject written to date Covers all components of demographic growth and their related policies Offers concrete examples of population policies and their implementation challenges

who are interested in applying knowledge on population trends and prospects in designing and evaluating public policies will find this an invaluable reference work.

This book examines the history behind the formulation, implementation, and evaluation of population policies in the more developed, the less developed, and the least developed countries from 1950 until today, as well as their future prospects. It links population policies with the theories of the demographic, epidemiological, and migratory transitions. It begins by summarizing the demographic situation around the world, with an emphasis on population policies and their underlying theories. Then, it reviews the early efforts to reduce mortality and fertility in the developing countries. This is followed by a description of the internationalization of the debate on population issues and the transformation of these programs into more formal population policies, particularly in the developing countries. The book reviews also the situation of the developed countries and their specific challenges – sub-replacement fertility, population aging, and immigration – and examines the effectiveness of population policies. It also explores the way forward and future prospects for population policies over the next decades. The book provides numerous concrete examples from all over the world, and shows how population policies are actually implemented and what have been their successes as well as their constraints. Above all, the book highlights the importance of understanding underlying demographic trends when assessing the development prospects of any country.

I am introducing a new feature, "Point of View", wherein 1818 Society members can render their opinions on matters of the day. For the first entry I am very pleased to be able to publish the views of one of the founders of the 1818 Society and distinguished member, Donald Fowler who will be turning 100 this November.

 

The book is recommended for not only demographers, social scientists, and policymakers but also economists and political scientists who are interested in social and demographic change around the world. Demography students and researchers

SPECIAL HISTORICAL SUPPLEMENT Point of View

-Chuck Ziegler, Editor For the past six decades and more, the President of the World Bank has been designated by the President of the United States and approved by the World Bank Board of Directors. The person appointed has always been a US citizen, and usually a competent professional person. This was an informal understanding among the members from the beginning of the Bretton Woods Agreement, along with the election of a European to be Managing Director of the International Monetary Fund. For historical record, the Bretton Woods Agreement was formulated in 1944 and the Bank began operations in April, 1946. A serious question has arisen in former years and again this year as to whether this practice should be continued. The less-developed countries believe that one of their members should be President of the Bank, since they are most affected by the Bank‘s activities. Other reasons are advanced by both borrowing and lending nations. But they are not the main reason for any change, or for maintaining the tradition. The basic question is whether the borrowers should decide to whom the loans of the Bank should be made and with what conditions.

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Volume 3, Issue 9

Within the Bank management a related question has been whether the personnel of the Bank responsible for loans to a particular country should be employed and located in that borrowing country. I have advised to the contrary on several occasions, but it is now a system in full operation. It is a question as to whether such personnel can or will maintain a open, unprejudiced and objective mind while living in the milieu of the country concerned. I have not been in a position, as a retiree, to investigate the matter, or to assess the success or failure of the present operations, but I doubt the wisdom of the system. Similarly, I believe that the President of the Bank should be from a country not dependent on loans from the World Bank. So far, the President has come from a developed country rather than a borrowing country, and I believe this is the proper approach. I do not contend that he need be an American, but the United States is the largest stock holder in the Bank and makes substantial regular contributions to the finances of the World Bank Group. If the President of the Bank came from a developing country, the World Bank would become as impotent as the United Nations which appoints its top officer from one of the smaller and less important countries of the world.

CORRECTION: 

The World Bank Embraces Transparency: A History Of B-Span, The Bank’s Webcasting Station [The editor deeply regrets the omission of the name of the author for this item, which appeared in the February issue of "The 1818 Society Bulletin." The author's name is David Shaman.]



April 2012 Please note that in the previous issue of 'The 1818 Society Bulletin' the name of new member Catherine Jourdan was incorrectly rendered as "Catherina" Jourdan.



The Minutes of the 33rd Annual Meeting recorded on page 7 of the Society's December 2011 Bulletin. The paragraph should read as follows: "Nominations Committee Hazel Denton, a member of the Committee reported that the terms of six Directors ended in 2011. Kabir Ahmed, Sandra Hadler and Aberra Zerabruk completed their first term while Kunio Kikuchi, J. Shivakumar and Khalid Siraj completed their second term. In the spirit of the informal term limits adopted in 2009, Kunio, Shiva and Khalid will step down from the Board at the end of 2011. In light of the many initiatives underway and to permit an orderly search for a new President of the Society, Shiva agreed to the Committee's suggestion to serve for one more year. Kabir, Sandra and Zera indicated they would be willing to serve a second term. The Committee proposed that two new members, namely Patricia Neill and Ronald MacLean be appointed to replace Kunio and Siraj. The Committee also reported that Kabir, Sandra and Zera had indicated they would be willing to serve a second term. A motion to appoint the following slate of candidates was carried by acclamation: 1) For a one year term (2012): J. Shivakumar 2) For a two year term (2012-2013): Kabir Ahmed, Sandra Hadler, Ronald MacLean-Abaro, Patricia Neill, Aberra Zerabruk"

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April 2012

IN MEMORIAM We regret to inform you of the deaths of the following, to whose families we extend our sincere sympathy. If you would like to post information about a friend‘s memorial service, you can use the link http://1818members.wordpress.com/in-memoriam/ or go to the Society‘s website and click on the flower, on the upper right hand side. Look for In memorial, scroll all the way down and post your comment, it will appear on the top. Carolina Barco, 82, of Bogota, Colombia, on January 24, 2012, surviving spouse of retiree Virgilio Barco. Elizabeth Brown, 88, of London, UK, on October 18, 2011, surviving spouse of retiree John Brown. Maria Chokel, 89, of Vail, Arizona, on February 17, 2012, surviving spouse of Bogomir Chokel. Olga Duarte-French, 81, of Alexandria, Virginia, on March 7, 2012. Ms. Duarte-French retired from the Bank in 1992. Bridget Edwards, 85, of Surrey, British Colombia, Canada, on February 28, 2012. Ms. Edwards retired from the Bank in 1988. Jenifer F. Elliott, 74, of Arlington, Virginia, on December 26, 2011. Ms. Elliott retired from the Bank in 1997. Yowapa Fish, 85, of Carlsbad, California, on March 10, 2012, spouse of retiree James J. Fish. Howard Benjamin Fisher, 68, of Fairfax, Virginia, on December 29, 2011. Mr. Fisher retired from the Bank in 2000. Jónas Haralz, 92, of Reykjavík, Iceland, on February 13, 2012. Mr. Haralz retired from the Bank in 1984. Madan Mohan Jain, 85, of Jaipur, India, on January 17, 2012. Mr. Jain retired from the Bank in 1987. Brendan Kennedy, 82, of Waterford, Ireland, on February 2, 2012. Mr. Kennedy retired from the Bank in 1989. Ku-Ju Lu, 87, of Rockville, Maryland, on January 20, 2012, surviving spouse of Pin-Feng Lu. Heiner Luschin, 66, of Vienna, Austria, on January 4, 2012. Mr. Luschin retired from the Bank in 1989. Mary K. Mercer, 87, of Kirby Muxloe, UK, on February 11, 2012, surviving spouse of Andrew M. Mercer.

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April 2012

Mary K. Miller-Ashwood, 87, of Ligonier, Pennsylvania, on November 25, 2011, surviving spouse of Eustace Ashwood. Allan J. Monaghan, 89, of Adelphi, Maryland, on November 23, 2011, spouse of Edna M. Monaghan. Thelma Q. Rapatan, 81, of Falls Church, Virginia, on January 14, 2012. Ms. Rapatan retired from the Bank in 1989. Jagjit Singh Rathore, 68, of Fairfax, Virginia, on January 4, 2012, spouse of retiree Mrs. Amarjit K Rathore. Julio R. Ruiz, 90, of Alicante, Spain, on January 24, 2012. Mr. Ruiz retired from the Bank in 1983. Raif Savas, 88, of Chevy Chase, Maryland, on January 26, 2012. Mr. Savas retired from the Bank in 1981. Soh Hoon Selden, 64, of Silver Spring, Maryland, on January 30, 2012. Ms. Selden retired from the Bank in 2002. John J. Stewart, 89, of Nellysford, Virginia, on November 29, 2011. Mr. Stewart retired from the Bank in 1986. Abderrahman Tazi, 81, of Casablanca, Morocco, on October 22, 2011. Mr. Tazi retired from the Bank in 1972. Geertruida Willems, 92, of Bar Harbor, Maine, on February 10, 2012, surviving spouse of Jan Willems.