Cavinder Bull, SC appointed to The World Bank Group’s Sanctions Board
30 Nov 2018
The World Bank has announced the appointment of our CEO Cavinder Bull, SC to the World Bank’s Sanctions Board. He is currently the only Asian lawyer appointed to the 7 member Board and his tenure is for five years.
The World Bank Sanctions Board is the final tier of the administrative process established to ensure good governance in World Bank operations and projects. The independent Board comprises distinguished individuals who are top jurists and development experts from various nations.
The Sanctions Board conducts hearings in respect of individuals and corporations alleged to have engaged in fraud, corruption, coercion, collusion and/or obstruction in World Bank-financed projects. If the Sanctions Board determines that misconduct has occurred, it has the power to impose sanctions on the accused party. Cases are referred to the Sanctions Board if the accused party contests the allegations or sanctions recommended by the World Bank’s Suspension and Debarment Officer.
The decisions of the Sanctions Board are final and non-appealable.
This latest appointment compliments Cavinder’s growing reputation in international dispute resolution. Cavinder regularly acts as counsel or arbitrator in investor-state arbitrations and international commercial arbitrations. He has presided over numerous ICSID and PCA arbitrations, and has also recently been appointed to hear a NAFTA arbitration.
Cavinder’s most recent accolades include being named “Disputes Star of the Year - Singapore” at the Asialaw & Benchmark Litigation Asia-Pacific (APAC) Dispute Resolution Awards 2018 and being identified as a Thought Leader for Arbitration by the Who’s Who Legal publication (2018 edition).