Management Board

Our management board is charged with developing and implementing our strategy as well as complying with legislation, regulations, risk management and auditing.

Three directors

Appointed by our Supervisory Board, our Management Boards is comprised of three directors –

• Chief Executive Officer (CEO) - Nanno Kleiterp
• Chief Risk & Finance Officer (CRFO) - Nico Pijl
• Chief Investment Officer (CIO) - Jurgen Rigterink

A flat organization

While the Management Board is accountable in practical terms, FMO remains a flat organization.

All our activities are based in, and directed from, The Hague – there are no ‘subsidiaries’ around the world. This enables us to manage our business in an integrated and transparent manner.

Reporting lines are short and clear, facilitating supervision and control. Our governance reporting structure covers not only the roles of the AGM and Management and Supervisory Boards – we impose specific corporate governance requirements on all transactions with our clients and partners.

Applying

Our focus on a sound and transparent governance structure goes further than the internal organization – is a key component in achieving our development impact goals.

We incorporate such governance in the processes applied by all our investment officers when negotiating contracts. And governance components are integral to investment proposals submitted to the Management Board for approval.