David Garmaise
GLOBAL FUND BOARD CONCLUDES STRESS-FREE MEETING
The Global Fund Board yesterday concluded a two-day meeting in Kunming, China. This was the first board meeting chaired by Rajat Gupta, former CEO of McKinsey & Co., and the first attended by Michel Kazatchkine since he settled in as the new Executive Director. There were no battles. Nearly all difficult matters had been worked out in advance in board…
MAIN DECISIONS MADE AT NOVEMBER BOARD MEETING
Key decisions made by the Global Fund Board at the meeting that ended yesterday were, in chronological order, as follows. (For precise wording of what the Board agreed, check in www.theglobalfund.org/en/files/boardmeeting16/GF-BM16-Decisions.pdf for the Decision Points specified below.) Approval of Round 7 Grants: The board approved 73 Round 7 grants that will cost $1,119 million over the first two years and $2,762 m. over…
