FMO, the Dutch entrepreneurial development bank, announces that Idil Kural will join the Management Board as Chief Finance & Operations Officer, starting 1 May 2026, further strengthening FMO’s mission to enable entrepreneurs to increase inclusive and sustainable prosperity.
Idil brings more than 25 years of financial leadership experience in the international banking sector to FMO, most recently serving as ING’s CFO for Wholesale Banking EMEA, where she oversaw financial management across more than 20 countries, mainly in Europe and the Middle East. Before joining ING and relocating to the Netherlands almost ten years ago, Idil built extensive experience in Türkiye, her home country and an important market for FMO. Her roles there included -among others- Partner at Ernst & Young, leading the Financial Services practice within the Transaction Advisory Service line, and seven years as Chief Financial Officer at Burgan Bank, where she oversaw strategic planning, reporting, regulatory engagement, and major (systems) transformation processes.
Welcoming her to FMO, Rob Becker, Chair of FMO’s Supervisory Board, said: “Idil’s extensive international finance experience, combined with her proven leadership at ING and her deep understanding of Türkiye - one of FMO's markets - make her very well suited for this role. With Idil’s appointment, FMO’s Management Board will be complete again. As Supervisory Board, we look forward to seeing Idil put her expertise and leadership into practice to strengthen FMO’s impact and to further advance the execution of our 2030 Strategy.”
Idil added: “I am honored to be joining FMO’s Management Board and to contribute to an institution whose mission to increase sustainable and inclusive prosperity resonates deeply with me. Stepping into the development finance sector is an exciting new responsibility, and serving on the Management Board offers a unique opportunity to learn and grow. I look forward to meeting FMO’s staff and to applying my international finance experience to contribute fully to FMO’s impact.”
Idil Kural’s intended appointment is approved by the Dutch Central Bank, the Dutch Authority for the Financial Markets, has the support of the Dutch Ministries of Finance and Foreign Affairs and received a positive advice from FMO’s Works Council. FMO's shareholders will be informed at the Annual General Meeting on 22 April, after which the appointment will be finalized.
