News Releases

Global Fund Appoints New Chief Financial Officer

26 June 2020

GENEVA − The Global Fund to Fight AIDS, Tuberculosis and Malaria today announced the appointment of Adda Faye as Chief Financial Officer, as the Global Fund works to optimize its financial resource management at this critical moment in global public health financing.

“Effective financial management will play a central role in enabling the Global Fund to mount an effective response to the COVID-19 pandemic, to protect the gains we have fought to achieve against HIV, TB and malaria,” said Peter Sands, Executive Director of the Global Fund. “Adda will lead this effort, bringing a wealth of experience and insight and a proven ability to deliver impact.”

Faye brings over 15 years of experience in strategic financial management and a deep understanding of the Global Fund’s financial and administrative functions. Before her selection through a competitive search process, Faye served as the Global Fund’s interim Chief Financial Officer since February 2020.

Her expertise includes strategic financial performance, financial reporting, change management, and business process improvement. She has an extensive track record of leading finance teams and harnessing team strengths to improve organizational performance.

Faye began her career at the Global Fund as a Finance Specialist in Country Teams, before moving up to more senior leadership roles. Throughout her impressive journey at the Global Fund, she has made huge contributions and played an influential role in the organization’s transformation agenda.

As CFO, Faye will oversee the financial management and administration functions of the Global Fund, playing a key role in ensuring adequacy and effectiveness of internal controls, while protecting and optimizing the financial resources to accelerate the Global Fund’s work toward ending epidemics.

“I want to be a CFO that enables business opportunities, drives result-based resource allocation and has a positive impact on business operations,” said Faye. “We face a huge collective challenge and I am passionate about the opportunity to use finance as an enabler to drive programmatic performance in the countries we serve, and in our role in mitigating the effects of COVID-19 on the programs we support.”

Before joining the Global Fund, Adda started her International Development career under the UNESCO Young Professionals Program at UNESCO Headquarters in Paris and worked as a Finance Analyst at the Ministry of Finance of the Gambia under the Divestiture Program responsible for Public Enterprises performance.

Adda is a dual citizen of The Gambia and France, studied Finance and Economics at New Jersey City University (USA) and earned a Master’s degree in Financial Aspects of Decision Management at the University of Bedfordshire (UK). She completed the Advanced Management and Leadership Programme at Said Business School, Oxford University (UK).