IFFIm (International Finance Facility for Immunisation) announced that “three longtime banking officials with significant international experience joined its board of directors on 1 January 2013. The 3-year terms were approved by the board in December and include:
– Cyrus Ardalan, Vice Chairman of Barclays, where he has served in several key roles in government relations, emerging markets and investment banking…
– Marcus Fedder, who most recently has focused on microfinance after a long career in banking, during which he held senior positions at Toronto Dominion Bank, CIBC and Deutsche Bank…
Christopher Egerton-Warburton, who helped create IFFIm as the lead banker at Goldman Sachs at its creation…
The appointments are in conjunction with the expiring term of John Cummins, who rotated off the board at year-end 2012, the upcoming expiration of the term of Dayanath Jayasuriya at end-June 2013, and the departure of Arunma Oteh at year-end 2011. “IFFIm is a multilateral development institution created to accelerate the availability of predictable, long-term funds for health and immunisation programmes through the GAVI Alliance in more than 50 of the world’s poorest countries. It has raised more than US$ 3.7 billion in the bond markets, backed by US$ 6.3 billion in pledges from nine countries.”