The Global Fund's New Leader

After a roller-coaster of a race, Peter Sands has been named executive director of the Global Fund to Fight AIDS, Tuberculosis and Malaria.

Founded in 2002, the $4 billion pot supports local efforts to expedite the elimination of disease.

Sands, a Harvard Kennedy School fellow and the former CEO of Standard Chartered PLC, had the Fund’s board on tenterhooks after pulling his name from the running, then suddenly re-entering the race.

For the top spot, Sands beat out Simon Bland of Joint United Nations Programme on HIV and AIDS; Frannie Leautier, formerly of the African Development Bank; and Anil Soni of the global pharmaceutical company Mylan.

Devex

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