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[Correspondence] The Global Fund links with Lombard Odier bank

At the World Economic Forum in Davos in January, 2018, Peter Sands—then incoming director of The Global Fund to Fight AIDS, Tuberculosis and Malaria, and former chief executive officer of Standard Chartered Bank—set up deals with Heineken, Lombard Odier, and Unilever. The deal with Heineken, the second largest alcohol brewer in the world, has been severely criticised.1 The deal with the Swiss private bank Lombard Odier aims to look at “structures that allow investors to share a proportion of the gains they receive from putting their capital to work”.

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