Global Fund Board

6.

From the GFO Editor

10 Mar 2007

Friends of the Global Fund Africa

Last month, Friends of the Global Fund Africa (Friends Africa) held its inaugural meeting in Kigali, Rwanda. This is the fourth Friends organization to be established; the others are in the USA, Japan and Europe. Each of them is formally independent of the Fund.

3.

Global Fund Board Approves Two New Round 6 Proposals Following Successful Appeals

10 Mar 2007

The Global Fund Board has approved two of the twelve Round 6 proposals whose original rejection had been appealed by the applicants. The newly approved proposals are an HIV/AIDS proposal from Egypt that will cost $5.4 million over the first two years, and a TB proposal from Pakistan that will cost $22.6 million. The approvals are subject to a number of clarifications being successfully responded to in a timely manner.

1.

Board Chooses Michel Kazatchkine to be Global Fund's Next Executive Director

8 Feb 2007

The Global Fund today issued the following press release:

8 February 2007

Professor Michel Kazatchkine Selected as Executive Director of the Global Fund

1.

Newspaper Alleges Inappropriate Expenditure by Global Fund Executive Director

5 Feb 2007

The Boston Globe today published an article alleging that Richard Feachem, Executive Director of the Global Fund, "has made extensive use of a little-known private bank account, spending hundreds of thousands of dollars on limousines, expensive meals, boat cruises, and other expenses."

2.

Three Contenders Under Final Consideration for Executive Director Position

5 Feb 2007

The Global Fund board's Nomination Committee has narrowed the list of candidates to be the next Executive Director down to a final three - David Nabarro, Michel Kazatchkine, and Alex Coutinho. The full board will interview the candidates on Wednesday (February 7), and will then make a final decision on Thursday or Friday.

6.

Board Agrees Action Plan for Second Attempt at Selecting a New Executive Director

14 Dec 2006

The Global Fund Board has approved an Action Plan for its second attempt at selecting a new Executive Director for the Fund. (As reported in GFO Issue 68, the first attempt failed when none of the shortlisted candidates gained the support of two-thirds of the "donor group" of the Board plus two-thirds of the "recipient group".)

1.

Board Plans Special Meeting After Failing to Choose an Executive Director

6 Nov 2006

Six months after launching its search for a new Executive Director, the Global Fund reached an impasse at the board meeting that ended on Friday. Despite over twenty hours of intense discussion spread over four days, the board failed to reach consensus on any of the five short-listed candidates.

2.

Main Decisions Made at Global Fund Board Meeting

6 Nov 2006

Key decisions made by the Global Fund Board at the meeting that ended on Friday were as follows.

3.

The Executive Director Selection: It's Time to Improve the Rules

6 Nov 2006

There's no question that the Global Fund's failure to agree on a new Executive Director is a cause of public embarrassment. But this outcome is in fact the result of one of the Fund's greatest strengths.

3.

Global Fund reports Developments Thus Far at Board Meeting

2 Nov 2006

This morning, the Global Fund issued the following press release:

2 November 2006

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