While the Secretariat has improved its IT controls since the last IT audit conducted by the Office of the Inspector General (OIG) in 2015, significant improvements are required in two areas: (a) designing a cloud computing strategy; and (b) managing the risks associated with cloud computing.
In its annual report, prepared for the Board meeting on 3-4 May 2017, the Office of the Inspector General (OIG) said that the Global Fund is making “significant progress” in managing risks (see GFO article).
OIG sees improvement in the Global Fund’s grant-making processes, but identifies delays in implementing system enhancements
The Office of the Inspector General’s second audit in three years of the Global Fund’s grant-making processes has found that many of the risks identified in the original audit have been addressed. However, the OIG said, implementation of systems enhancements has been delayed, which may affect the ability of the Fund to sign grants on time.
In its annual report for 2016, the Office of the Inspector General (OIG) said that although significant gaps remain, distinct progress is being made across the six key areas of the risk architecture (see figure below).
Five strategic themes emerge from the OIG’s audits and investigations of Global Fund grants and processes in 2016
Five significant strategic themes emerged from the work of the Office of the Inspector General (OIG) in 2016:
In a commentary posted on its website, the Global Network of People Living with HIV (GNP+) has identified three qualities that the next executive director of the Global Fund should exemplify. They are as follows:
The Office of the Inspector General (OIG) says that the governance, risk management practices and internal controls related to treasury management are adequately designed and generally well implemented. The OIG audited the treasury function in 2016. A report on the audit was released on 18 January 2017.
The Global Fund is in the process of reviewing its business model in high-risk countries. It appears likely that the Fund will proceed to strengthen its existing model rather than make any radical changes to that model – changes that might have included establishing a country presence in some form and in at least some countries.
The Global Fund launches its Prioritized Action Plan in efforts to enhance its risk management and project performance efforts
In May 2016, The Fund launched its Prioritized Action Plan-PAP to assist the Secretariat and the Board to monitor, assess and oversee the implementation of its strategy to achieve impact with the investments it makes. It was submitted to the Fund’s committees in June 2016 and the GF Board in July 2016, however, a number of the initiatives captured in the PAP were started in late 2015 and in early 2016.
Board members discuss whether there should be changes to the Global Fund’s current business model in high-risk countries
Should the Global Fund Secretariat have an in-country presence? At its last meeting in Montreux, Switzerland on 16-17 November, Board members discussed ways to strengthen its current business model in high-risk countries as well as possible alternatives to the model. No decisions were taken.