The Board of the Global Fund to Fight AIDS, Tuberculosis and Malaria yesterday selected Martin O’Malley, a highly-respected auditor with deep international experience, as Inspector General.
Mr. O’Malley, with more than 20 years of audit experience in the financial services sector, has proven expertise managing large teams that span multiple jurisdictions.
Making the appointment, the Board affirmed that having an independent, well-resourced and transparent Office of the Inspector General is critical to the success of the Global Fund. The Board is fully committed to the highest standards of transparency and accountability in all matters, including the audits and investigations produced by the Office of the Inspector General. The Board further affirmed its commitment to improved operations by the Office of the Inspector General, performing audits and investigations in a comprehensive and coordinated manner that focuses on risk management and loss prevention.
Mr. O’Malley has demonstrated particular strength in strategic thinking and developing pragmatic solutions. Having worked in 17 African nations that implement grants from the Global Fund, he also has a proven capacity to work closely with multiple groups of stakeholders.
“We are delighted to be appointing Martin to this crucially-important role at the Global Fund,” said Simon Bland, Chair of the Board. “He brings extensive audit and financial experience, strategic qualities and proven management credentials to the independent Office of the Inspector General. He will ensure that the Global Fund remains a fully transparent, objective and learning organization, working with its partners to deliver maximum impact with its resources.”
Mr. O’Malley has worked for the past three years as Group Chief Audit Officer of the Standard Bank Group overseeing the Group Internal Audit function with approximately 250 staff. The Standard Bank Group is the largest African banking group with more than US$185 billion in assets and 52,000 employees. He has been with the Standard Bank Group for over 12 years. Prior to that, he worked at Ernst & Young, both in the UK and Australia, for eight years.
Mr. O’Malley will replace Norbert Hauser, who has served as interim Inspector General since December 2012.
The Global Fund Board engaged in an extensive search process, evaluating applications from more than 100 qualified professionals, before selecting Mr. O’Malley.
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The Global Fund is an international financing institution dedicated to attracting and disbursing resources to prevent and treat HIV and AIDS, TB and malaria. The Global Fund promotes partnerships between governments, civil society, the private sector and affected communities, the most effective way to help reach those in need. This innovative approach relies on country ownership and performance-based funding, meaning that people in countries implement their own programs based on their priorities and the Global Fund provides financing where verifiable results are achieved.
Since its creation in 2002, the Global Fund has supported more than 1,000 programs in 151 countries, providing AIDS treatment for 4.2 million people, anti-tuberculosis treatment for 9.7 million people and 310 million insecticide-treated nets for the prevention of malaria. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts in dealing with the three diseases.
