Head of the Global Fund closes after the Council appoints new CEO

11:30
Head of the Global Fund closes after the Council appoints new CEO -

Michel Kazatchkine announced today that it has decided to resign as Executive Director of the Global Fund the fight against AIDS, tuberculosis and malaria. Kazatchkine, French clinical immunologist who led the Global Fund for 5 years, will remain until March to allow an orderly transition.

Kazatchkine said in a message to staff and partners he left following the decision of the Board of the Global Fund in November to appoint an executive director to oversee a new plan "processing" for future operations. The Director General, which was announced today, will report to the board, not the executive director. "Although I remain fully committed to the Global Fund and its mission, I find that I should not continue as Executive Director in these circumstances," wrote Kazatchkine.

The new General Manager, Gabriel Jaramillo , is a native Colombian and Brazilian citizen who previously worked as CEO of Sovereign Bank. "My priorities for the global Fund are to achieve maximum efficiency, accountability and concrete results that save lives," said Jaramillo in a statement. "Essentially, we start with a reorganization that emphasizes simplicity, discipline and rigor, with grant management as the main business of the institution." It will begin on 1 February.

Global Fund Observer ( GFO ), a newsletter that watchdog of the Global Fund announced today that "this decision by the Council to transfer many responsibilities of Dr Kazatchkine someone else was born from the concern of the Board that the Fund's management leadership was not sufficiently effective. " GFO also noted that the starting Kazatchkine also comes in response to questions, he asked the world earlier this month on the role of Director General Fund. The fund said that all senior managers would report to the CEO rather than the Executive Director, whose role was new "to be determined".

This article has been corrected. Gabriel Jaramillo will start as CEO on February 1 and not on 1 December.

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