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Investing in the Future of Ecuador - Environmental Funds Tool Kit

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They shall not have a political party background or be<br />

connected to <strong>the</strong> Government; <strong>the</strong>y must have irreproachable<br />

track records, both ethically and pr<strong>of</strong>essionally,<br />

and recognized experience <strong>in</strong> <strong>the</strong> field(s) that <strong>the</strong><br />

Board <strong>of</strong> Directors deems necessary for <strong>the</strong> <strong>in</strong>stitutional<br />

streng<strong>the</strong>n<strong>in</strong>g <strong>of</strong> <strong>the</strong> Fondo Ambiental Nacional. Two<br />

<strong>of</strong> <strong>the</strong>se three members <strong>of</strong> <strong>the</strong> Board <strong>of</strong> Directors must<br />

be from cities o<strong>the</strong>r than Quito, <strong>Ecuador</strong>.<br />

Staff<br />

The Board <strong>of</strong> Directors appo<strong>in</strong>ts an Executive Director, chosen<br />

through a competitive selection procedure, who is responsible<br />

for <strong>the</strong> operations <strong>of</strong> <strong>the</strong> Fund, <strong>in</strong> accordance with <strong>the</strong> policies<br />

and guidel<strong>in</strong>es issued by <strong>the</strong> Board <strong>of</strong> Directors.<br />

Fondo Ambiental Nacional has been designed with a horizontal<br />

structure for effective operation, which <strong>in</strong>cludes: <strong>the</strong> Programs<br />

and Projects Director, <strong>the</strong> Management and F<strong>in</strong>ance Director and<br />

<strong>the</strong> Fundrais<strong>in</strong>g and Communications Unit, all <strong>of</strong> whom work<br />

closely with <strong>the</strong> Executive Director. There is also an Internal Auditor<br />

who reports to <strong>the</strong> Board <strong>of</strong> Directors.<br />

All activities are carried out <strong>in</strong> accordance with plann<strong>in</strong>g<br />

processes aimed at concrete performance goals.<br />

15

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