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The Pandemic Fund

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The Pandemic Fund is a collaborative partnership among donor countries, co-investor countries (potential implementing country governments), foundations and civil society organizations (CSOs). It is hosted by the World Bank with WHO as technical lead.

The governing and administrative bodies of The Pandemic Fund are the Governing Board, the Technical Advisory Panel (TAP), the Secretariat, and the Trustee. The Implementing Entities (IEs) will support implementation of The Pandemic Fund-financed projects and activities. A broad set of stakeholders, including donors, Civil Society Organizations (CSOs), potential implementing country governments, and other partners were engaged on the The Pandemic Fund’s design to ensure it reflected the fund’s commitment to inclusivity, equity and to operate with high standards of transparency and accountability. 

The Governing Board

The Governing Board is the supreme governing body of The Pandemic Fund. The Governing Board, comprising of 21 voting members, reflects an equal balance of sovereign “contributors” (donors) and sovereign “co-investors” (countries that could receive funding); includes a voting seat for non-sovereign contributors (philanthropies/foundations); and two voting seats for CSOs. The Governing Board is led by Dr. Chatib Basri former Minister for Finance, Indonesia.

The Pandemic Fund Governing Board List

  • Chatib Basri
    Dr. Muhamad Chatib Basri

    Dr. Muhamad Chatib Basri, Governing Board Co-Chair for the Pandemic Fund is a former Minister of Finance of Indonesia. Previously he was the Chairman of the Indonesian Investment Coordinating Board.

    He is now the Chairman of the PT Bank Mandiri tbk. and Chairman of the PT XL-Axiata tbk. Dr Basri is a member of various International Advisory councils including the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth formed by the World Bank and the IMF in the face of dual crisis posed by COVID-19 pandemic and climate change; the World Bank Advisory Council on Gender and Development; Independent High Level Expert Group on Climate Finance for COP27; Group Eminent Personalities of the OECD Development Centre.

    He teaches at the Department of Economics University of Indonesia. His expertise is international trade, macroeconomics and political economy.

In addition, there are several non-voting members, including the Chair and Vice-Chair of the Technical Advisory Panel and the G20 Presidency. The World Bank, in its various capacities, and the World Health Organization participate as an observers on the Governing Board alongside other Multilateral development banks (MDBs) and agencies selected as Implementing Entities.

Secretariat

The Secretariat, housed at the World Bank, is led by Priya Basu, the Executive Head and provides program management and administration services including support to the Governing Board in the delivery of its responsibilities. The Secretariat manages day-to-day operations, prepares policies and procedures, and manages partner relations and stakeholder engagement. It is comprised of a small team of professional and administrative staff employed by the World Bank or seconded to the World Bank from the WHO. 

The Trustee

The World Bank serves as the Trustee for The Pandemic Fund and carries out its roles and responsibilities in accordance with the World Bank’s policies and procedures. The Trustee receives funds from contributors and transfers resources to the implementing partners. The World Bank as Trustee also provides regular reports on The Pandemic Fund’s financial status to the Governing Board. Details can be found here. 

The Technical Advisory Panel (TAP

The Technical Advisory Panel (TAP) provides independent advice to the Governing Board on critical gaps in pandemic PPR, funding priorities and calls for proposals, as well review of funding proposals submitted to the Fund. In this way, the TAP supports the Pandemic Fund with its goal of financing projects and activities that help strengthen capacity building and implementation of PPR under the International Health Regulations (IHR) (2005) and other internationally endorsed legal frameworks, consistent with a One Health approach. The TAP’s roles and responsibilities are set out in paragraph 21 of the Governance Framework and in the Terms and Reference for the TAP.