Ethics

10.

Changes to Board committee structure confirmed

5 Mar 2016
Board appoints chairs and vice-chairs for each of the new committees

On 28 January 2016, the Global Fund Board confirmed changes to its structure that were approved in principle at its meeting last November (see GFO article). On 4 March, the Board appointed chairs and vice-chairs for the reconstituted committees. The changes and appointments will come into effect on 1 May 2016.

8.

New Board committee structure approved in principle

18 Nov 2015
Responsibility for oversight of internal audit, including the OIG, would shift to the new Audit and Finance Committee

Under changes approved in principle by the Board at its meeting on 16-17 November, the mandates of two of three standing committees of the Board will change effective after the first Board meeting in 2016. No changes to the size of the committees are envisioned.

9.

Code of ethical conduct for governance officials adopted

31 Mar 2015
“Best interests of the Fund must take priority”

While governance officials have a responsibility to represent their constituencies, “they are ultimately obligated to work in the best interests of the Global Fund,” according to a code of ethical conduct adopted by the Board at its meeting in Geneva on 31 March–1April 2015.

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