governance

7.

Global Fund Releases Report on Losses and Recoveries

8 Nov 2013
Twenty percent of the $118 million in losses has been recovered to date
Policies and guidelines on the recovery process to be developed

As of 19 September 2013, $118 million in losses had been identified by the Office of the Inspector General (OIG), of which $23.8 million (20%) had been recovered. Written commitments to repay a further $10.4 million had been obtained.

This information was contained in a Losses and Recoveries Report prepared for the Global Fund Board meeting on 7–8 November in Geneva.

3.

SIIC Approves Parameters for the Allocation Formula for 2014–2016

8 Nov 2013
Disease burden indicators finalised
Band 4 methodology determined

The Strategy, Investment and Impact Committee (SIIC) has determined the parameters to be used for the allocations formula for 2014–2016. The SIIC approved indicators for disease burden and ability to pay; the methodology for determining Band 4 allocations; and maximum and minimum shares for apportioning indicative funding. This article provides details.

2.

Reflections on Challenges Facing the Global Fund

24 Jul 2013

Editor’s Note: We invited several observers of the Global Fund to prepare a short commentary on what they see as the main challenges facing the Fund at this time. Here are contributions from Owen Ryan; Victoria Fan and Amanda Glassman; Jorge Saavedra; and Jason Wright.

6.

Several Aspects of the NFM Have Yet to Be Finalised

1 Jul 2013

With only six months to go before the expected full rollout of the new funding model (NFM), several aspects of the model have not yet been finalised. Decisions still have to be made on the following:

4.

Global Fund Is Reviewing Proposed New Key Performance Indicators

19 Jun 2013
Final decision expected in November

A draft of a new Corporate Key Performance Indicator (KPI) Framework 2013–2016 was presented to the Global Fund Board for review and discussion at the 29th Board meeting just concluded in Sri Lanka. 

3.

Progress Report Describes Significant Changes in the Approach of the OIG

19 Jun 2013
More attention will be paid to Secretariat processes and the work of other assurance providers
OIG-Secretariat relations have improved

In what it describes as a “sea-change,” the Office of the Inspector General (OIG) said that it is moving away from its historical emphasis on country level grants towards “consulting engagements” focusing more on reviewing internal Secretariat processes and the work of other assurance providers.

8.

Mark Dybul Delivers His First Formal Report to the Board

19 Jun 2013
Impact profiles being developed for countries applying for funding
“The Fund has not been very successful at simplifying procedures”

Executive Director Mark Dybul’s first formal report to the Global Fund Board covered a lot of ground.

9.

Former General Manager Reflects on His Time with the Fund

19 Jun 2013
Jaramillo says deficiencies in financial management at the Secretariat were underestimated
“Transformation has produced a more disciplined and effective Secretariat”

Gabriel Jaramillo, who was a member of the High-Level Panel and who served as the Global Fund’s General Manager from February 2012 to January 2013, has provided the Board with some reflections on his time working with the Fund.

10.

Gabriel Jaramillo Says Major Changes to Governance Are Needed

19 Jun 2013
Board should not be micro-managing, former GM says
“Committee meetings that stretch over several days are not meetings, they are conferences”

The current governance structures at the Global Fund are inadequate for a big and complex financial institution, former General Manager Gabriel Jaramillo says. Mr Jaramillo, who was a member of the High-Level Panel and who served as the Global Fund’s General Manager from February 2012 to January 2013, recently provided the Board with some reflections on his time working with the Fund.

2.

Description of the Global Fund’s General Approach to Managing Risk

13 Jun 2013

In the last two years, the Global Fund has implemented a comprehensive set of measures to better manage risk, particularly the risk of fraud and misappropriation of grant funds. The Fund has established a Grant Management Assurance Framework (also referred to as the “risk framework”) that sets out the Global Fund’s general approach to managing risk.

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