B.14/04: Appointment of the Executive Director
- Decides by consensus to select Mr. Howard Bamsey for the post of the Executive Director of the Secretariat of the Green Climate Fund for a four-year term;
- Requests the Co-Chairs to negotiate the terms of the contract that will be in accordance with the approved terms of reference (annex III to decision B.12/22) and the agreed performance management framework. The remuneration package will be negotiated by the Co‐Chairs, approved by the Board and publicly disclosed in line with the GCF Information disclosure policy;
- Authorizes the Co‐Chairs to sign, on behalf of the GCF, the employment contract between Mr. Bamsey and the GCF; and
- Confirms that Mr. Javier Manzanares will continue as the Executive Director ad interim until Mr. Bamsey takes office.