Management Board

Management Board

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

While the Management Board is accountable in practical terms, FMO remains a flat organization. Reporting lines are short and clear, facilitating supervision and control.

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

Jürgen Rigterink (1964), Chief Excecutive Officer

Jürgen Rigterink was appointed CEO and Chairman of FMO’s Management Board in October 2016. Before that, he was Chief Risk & Finance Officer (2014 – 2016) and Chief Investment Officer (2008 –2014). With an investment portfolio of over EUR 9 billion, FMO is one of the largest bilateral private sector development banks worldwide. FMO creates access to a full range of financial products and services to private sector enterprises in developing markets with a focus on financial institutions, energy, agribusiness and private equity. Through Investment Management FMO offers institutional investors access to FMO’s expertise in responsible emerging market investing.

Jürgen started his career at Bank Brussels Lambert working in Brussels, Chicago and New York before joining ABN AMRO in 1997. He has since served in a variety of senior positions including Sector Head for Central & Eastern Europe, Middle East and Africa. In 2005, Jurgen was appointed Chairman of the Management Board and Country Executive at ABN AMRO Bank Kazakhstan.

Jürgen has a Masters Degree in Economics from Rijks Universiteit Groningen, the Netherlands. He is member of the Supervisory Board of the Royal Tropical Institute (KIT), a member of the Supervisory Board of Arise (the private equity investment holding company) and a member of the Advisory Board
of the European Risk Management Council.

Linda Broekhuizen (1968), Chief Investment Officer

Linda Broekhuizen started per 2014 as Chief Investment Officer in FMO’s Management Board. In this role, she is responsible for FMO’s total investment portfolio of EUR 9.0 billion.

Linda Broekhuizen started her career at Fortis Bank in the Financial Institutions team for Latin America. In 2000, she started working at FMO, at first being responsible for investments in a selected number of countries in Eastern Europe & Central Asia and later in the Latin America department, where she managed a team since 2005.

She continued her career in 2008 as Manager Sustainability Development, a new position created to integrate ESG as a business case in FMO’s core investment process. Consequently, she successfully set up Agribusiness as a new focus sector for FMO. Before joining FMO’s Management Board in 2014, she was as Director Financial Institutions responsible for FMO’s largest sector portfolio.

Linda Broekhuizen has Master Degrees in International Relations and in Business Administration. In 2010 she finalized a postgraduate program on Corporate Social Responsibility Management. She is member of the Supervisory Board of the Netherlands Council for Trade promotion (NCH) and member of the Appeals Commission of the Foundation for Banking Ethics Enforcement.

Fatoumata Bouare (1966), Chief Risk & Finance Officer

Fatoumata Bouare joined FMO’s Management Board in October 2017 as Chief Risk & Finance Officer. Before that, she held the positions of Director Risk Management Head at the Bank of Africa Group and Deputy Chief Executive Officer of Bank of Africa Benin. In her capacity as the highest-ranking risk professional at the Bank of Africa Group, she was in charge of all integral aspects of risk, including environmental, social and sustainability risks. Bank of Africa Group is present in 18 countries with total assets of USD 7 billion, more than 500 branches and 6000 staff.

Fatoumata Bouare’s early career developed primarily with blue-chip multinationals. Working first in treasury and finance, she held several regional finance roles with Citibank (Ivory Coast, Senegal), where she eventually transitioned to risk management. Thereafter, Fatoumata assumed two high-level risk positons at United Bank for Africa (Ivory Coast, Burkina Faso). She then joined Bank of Africa in 2010.

Fatoumata Bouare has a degree in Engineering (Ivory Coast) and a Master of Business Administration from L'Ecole Supérieure des Sciences Economiques et Commerciales (ESSEC in France).