14 April 2023, Amsterdam. The Common Fund for Commodities (CFC), an autonomous intergovernmental financial institution established within the framework of the United Nations, today announced an invitation to its Member Countries to nominate candidates for the CFC’s next Managing Director.
The Managing Director is the most senior position of the CFC with responsibility for leading the organisation and conducting its business. Nominations for Managing Director can only be made by the Governors (or Alternate Governors) of CFC Member Countries. Nominations for Managing Director may be submitted by letter, facsimile or e-mail and must be received by H.E. Dr. Eniola Ajayi, Chairman of the CFC’s Governing Council, no later than 18 August 2023, by 18:00 hrs. CET.
Following the nomination process, the election of the next Managing Director will take place on 21 and 22 November 2023 during CFC’s annual Governing Council meeting in The Hague, The Netherlands. The Governing Council is the principal CFC governing body with full decision-making powers.
The Managing Director of CFC may serve two consecutive terms of four years. The present incumbent is serving his first term and therefore eligible for re-nomination.
More information on the nomination procedure can be found here.