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Rwanda: Former finance minister Kaberuka to chair Global Fund Board  

Elisha Z. Bwanika by Elisha Z. Bwanika
4 years ago
in National, News, World News
5 1
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The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced that Rwanda’s former finance minister, Donald Kaberuka as its next Board Chairperson. 

The Fund, which is a partnership between governments, civil society, the private sector and people affected by the three diseases, also appointed Roslyn Morauta as its next Vice Chair of the board. 

Kaberuka and Morauta were selected by the Global Fund Board following a six-month search, led by the board’s Leadership Nominations Committee, to identify the best leadership pair for the Global Fund. 

The board finalized its vote to approve Kaberuka and Morauta on May 2. 

Kaberuka and Morauta will replace Aida Kurtovic and John Simon, who served as board chair and vice chair since 2017. 

Mr. Kaberuka and Mr. Morauta both begin their two-year terms on May 16. 

Kaberuka is currently on the boards of trustees of the Rockefeller Foundation, the Mo Ibrahim Foundation and the Center for Global Development. He served as president of the African Development Bank and chairman of its board of directors from 2005-2015. He was finance minister of Rwanda from 1997-2005. 

Morauta is an alternate board member for the Western Pacific Region constituency. She also served as chair of the Papua New Guinea Country Coordinating Mechanism. 

“The Global Fund is an extraordinary partnership, which has made a difference to humanity over the last two decades,” said Dr. Kaberuka in a statement released by the Global Fund. 

In 2019, the Global Fund seeks to raise at least US$14 billion for its Sixth Replenishment. The funds will help save 16 million lives, cut the mortality rate from HIV, TB and malaria in half, and build stronger health systems by 2023. France will host the Global Fund’s Sixth Replenishment pledging conference on 10 October 2019 in Lyon. 

Who is Kaberuka? 

Dr. Kaberuka was president of the African Development Bank and chairman of its board of directors from 2005-2015. Prior to that he was finance minister of Rwanda from 1997-2005. 

As finance minister of Rwanda from 1997-2005, Dr. Kaberuka also served as governor for Rwanda for the International Monetary Fund and the World Bank. 

At the African Development Bank, Dr. Kaberuka led the efforts to bolster the capital resources of the bank from US$30 billion to US$100 billion. He is currently on the boards of trustees of the Rockefeller Foundation, the Mo Ibrahim Foundation and the Center for Global Development. 

He was Hauser Leader in Residence at Harvard Kennedy School, co-chaired the London School of Economics/Oxford panel on fragile states and the Fourth International Monetary Fund evaluation panel. During the Ebola epidemic he played a major role in coordinating the African response. Dr. Kaberuka is Chairman and Co-founder of SouthBridge, a Pan-African Investment and Financial Advisory firm and high representative of the African Union on financing the union and the Peace Fund. 


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

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