News

Agnes Jongerius and Pier Vellinga new Supervisory Board members FMO

FNV chairwoman Agnes Jongerius and professor in Climate Change and Environmental Sciences Pier Vellinga have been appointed as new members of the Supervisory Board of Dutch development bank FMO. They replace respectively Lodewijk de Waal, who has reached the maximum term of 12 years, and Jacqueline Cramer, who has resigned in the beginning of 2007 because of her appointment as Minister of Spatial Planning and the Environment.

FMO is very pleased with these designations. Willy Angenent, Chairman of the Supervisory Board: “With her background as chairwoman of the FNV, Ms. Jongerius fits perfectly in the profile of a supervisory board member that has high-level expertise on human resources. Mr. Vellinga is a highly respected successor to Ms. Cramer: we expect him to contribute the required expertise on sustainability. Their knowledge and experience will further strengthen FMO as a professional development bank.”

For more information on the Supervisory Board of FMO, click here.

The Netherlands Development Finance Company (FMO) is the international development bank of the Netherlands. FMO invests risk capital in companies and financial institutions in developing countries. FMO's investment portfolio is EUR 3.4 billion, making it one of the largest bilateral development banks worldwide. Thanks in part to its relationship with the Dutch government, FMO is able to take risks which commercial financiers are not - or not yet - prepared to take. FMO's mission: to create flourishing enterprises, which can serve as engines of sustainable growth in their countries.

Press contact:
Nicoline van Slingelandt

Communications Officer
n.van.slingelandt@fmo.nl
+31(0)70 314 9790
+31(0)6 225 630 47