Global Fund Appoints Sylvie Billion as Treasurer, Deputy CFO
10 October 2012
Geneva – The Global Fund to Fight Aids, Tuberculosis and Malaria today announced the appointment of Sylvie Billion, an executive with more than 30 years of experience in the finance sector, as its Treasurer and Deputy Chief Financial Officer.
Ms. Billion worked for BNP Paribas, Arthur Andersen and the ABN Amro Group, before joining the Electricité de France (EDF) Group in 2001.
She will work alongside Daniel Camus, a highly-respected financial executive known for his expertise in strategic planning, who joined the Global Fund in August as its new Chief Financial Officer. Ms. Billion will take up her new appointment on November 1.
“Sylvie’s appointment will contribute greatly in continuing to strengthen donor confidence in the Global Fund’s ability to effectively manage the financial resources entrusted to it,” said Gabriel Jaramillo, General Manager of the Global Fund.
Starting as Group Financial Risk Controller at EDF, Ms. Billion later became Group Treasurer in charge of Treasury, Group financing, Capital Markets and Asset Management for coverage of nuclear and pension commitments.
Sylvie also had special responsibility for drawing up and implementing the long-term financial forecast planning of EDF Group in its international expansion during the world financial crisis as well as building up the governance and investment policy of the group’s financial portfolios.
Since 2010, she occupied the post of Chief Financial Officer of Electricité Réseau Distribution France (ERDF), a subsidiary of EDF, where she was a member of the Executive Committee, supervising 130 staff responsible for accounting, controlling, treasury and energy market functions.
The establishment of a Treasury function within the Global Fund’s Finance team is a crucial step in the strengthening of the Fund’s finance function and will ensure that the necessary systems and processes are in place to monitor and forecast the use and availability of financial resources with accuracy.