The CGIAR Fund Council (FC) met at IFAD, Italy on November 8 and 9, 2011. Fund Council Chair Inger Andersen opened the meeting. She welcomed Rachel Kyte, World Bank Vice President and Head of Sustainable Development Network (SDN) who joined the FC meeting (FC6) as an observer. During the meeting's second day the Chair announced that the closed session concluded with the election of Rachel Kyte, World Bank VP of SDN as the new FC Chair. Agenda items included presentations by the Fund and Consortium offices, presentations on the 2012 CRP financial plans, discussion on cost sharing percentage to cover system costs, and discussion on CRPs 1.1, 5, 3.5, 3.6 and 1.2.