At the upcoming meeting in Rome from 26 July to 3 August, UN Pension Board members will be chewing over the OIOS (UN Office of Internal Oversight Services) comprehensive governance audit called for by the General Assembly under para. 8 of its res. 72/262 (now in provisional format pending editing and publishing --see summary of some of the audit's findings below).
The members of various Board factions must dig deep, access their higher selves, move beyond self interest, and work toward unified positions that place the collective interests of members above their own self interest.
It'll be a challenge, not least in considering the composition of the Board, which the audit notes needs to be “fair and equitable …to reflect the actual distribution of active participants in the Fund”. Currently the UN family has 68 per cent of active participants and only 36 per cent of voting members, while other members including Specialized Agencies, have 32 per cent of active participants and 64 per cent of voting members.
The Specialized Agency representatives must consider that having a majority of voices and a minority of Fund members works against the overall interests of the Fund and rise above any tendency toward illogic in thinking of the audit as a plot to deprive them of their surfeit of seats and influence on the Board.