admindown on March 16 and the 10-year-old organisation said it was appointing Gabriel Jaramillo, a Brazilian former bank chief, as “general manager”.
In an interview with the French radio station RTL, Kazatchkine elaborated on his decision to go.
“The reason is quite clear. The board took the decision to appoint a manager alongside me who would report directly to the board. As far as I am concerned, this is a question of principle. There cannot be two heads in an organisation,” he said.
Kazatchkine also said he was “concerned (by) a certain number of reforms” that flowed from the Fund’s failure to meet its money-raising targets last year.
“Donors, particularly the United States, asked us to reduce our funding estimates by US$2,2 billion over the next three years.”
Kazatchkine angrily denied that he was quitting over a report in a French magazine, Marianne, which said the Fund had dished out money to Carla Bruni-Sarkozy, the wife of French President Nicolas Sarkozy, for an Aids awareness project. – AFP.
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- Herald
- September 25, 2026
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