On 1 October 2016, Nanno Kleiterp (1953) will step down as Chief Executive Officer (CEO) and Chairman of the Management Board of FMO. On that date his second 4 year term as CEO comes to an end.
Nanno Kleiterp serves on the Management Board for 21 years, first as Chief Financial Officer (CFO) and Chief Investment Officer (CIO) and more recently, since 1 October 2008, as CEO. He started his career with FMO 29 years ago, in 1987, as an Investment Officer at the SME department. Later, he served as Manager of the SME department and eventually moved to FMO’s Latin America Department. Prior to joining FMO, Nanno Kleiterp gained experience in credit programs for the private sector while working for nearly 10 years in Peru, Mexico and Nicaragua. Currently, Mr. Kleiterp is also Chairman of the Board of IUCN NL (International Union for Conservation of Nature) and of the NCC (Natural Capital Coalition). Furthermore, he has a seat in the Advisory Board of ISS (International Institute of Social Studies), in the Advisory Council of AIF (Amsterdam Institute of Finance), and he is Chairman of the Advisory Board of VBDO (Dutch Association of Investors for Sustainable Development). He is also Chairman of the Board of EDFI (European Development Finance Institution). The Supervisory Board has commenced a search process to recruit a new CEO. An official announcement on the appointment of a new CEO will be made once this process, which includes obtaining all necessary regulatory approvals, is completed.
About FMO
FMO is the Dutch development bank. FMO has invested in the private sector in developing countries and emerging markets for more than 45 years. Our mission is to empower entrepreneurs to build a better world. We invest in sectors where we believe our contribution can have the highest long-term impact: financial institutions, energy and agribusiness. Alongside partners, we invest in the infrastructure, manufacturing and services sectors. With an investment portfolio of EUR 8 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally. www.fmo.nl
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Inge de Zaaijer Manager Marketing & Communications a.i.
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