Board Decisions


Approved by the Board on: 02 August 2013

Appointment of the External Auditor

Based on the recommendation of the Audit and Ethics Committee, the Board approves the appointment of Ernst & Young as the Global Fund’s external auditor for the 2013 fiscal year.

Budgetary Implications

The maximum budget implication of this decision will be CHF 530,000, which will be absorbed within the Global Fund’s 2013 operating expenses budget.