The Secretary-General

Article 19 of the Regulations, Rules and Pension Adjustment System of the United Nations Joint Staff Pension Fund states that:

  1. The investment of the assets of the Fund shall be decided upon by the Secretary-General after consultation with an Investments Committee and in light of observations and suggestions made from time to time by the Board on the investments policy.
  2. The Secretary-General shall arrange for the maintenance of detailed accounts of all investments and other transactions relating to the Fund, which shall be open to examination by the Board.

In exercising his fiduciary responsibility, the Secretary-General must ensure that all investment decisions are made in conformity with the Regulations, Rules and Pension Adjustment System of the United Nations Joint Staff Pension Fund.