BIO’s CEO to pass on company’s leadership to successor early 2024
Dear friends of BIO,
It is with both sadness and gratitude that I announce that, after more than eleven years, I will be retiring from my function as CEO of BIO early 2024.
In these eleven years, BIO’s wonderful team doubled our investing activity. We developed a methodology to determine and monitor our development impact, and are proud that our data show BIO’s contribution to improving the livelihoods of several million people in Africa, Asia and Latin America. I am grateful to have been part of BIO’s dedicated team and to have worked with our fellow Development Finance Institutions (DFIs), as well as with our other strategic partners in Belgium and overseas, for all these years.
In the coming months, we will search for my successor, who I am sure will be delighted to join a team as enthusiastic as ours, and will be eager to take on all the challenges BIO faces. The handover of the company’s leadership is planned for early 2024. Until then, we have another intense year ahead of us, in which I will continue to lead the company and enjoy working with all of you.
At the Annual General Meeting of the European Development Finance Institutions association (EDFI) at the end of May, the Board of Directors will nominate me as its new Chair. If appointed as EDFI chair, it will be an honour and an immense pleasure to further the DFIs’ development impact mission and to enhance the cooperation of the European DFIs with our strategic partners around the globe.
The Board of Directors of the Belgian Investment Company for Developing Countries (BIO) is pleased to announce the appointment of Joris Totté as the new Chief Executive Officer of the organization, effective as of March 1st, 2024. This appointment marks an exciting new chapter for BIO as it continues its mission of fostering sustainable development and economic growth in emerging markets.
BIO, the Belgian Investment Company for Developing Countries, and EDFI AgriFI, the EU-funded Agriculture Financing Initiative, have proudly announced their co-investment of a total of EUR 6 million in gebana Faso (GFA), a pivotal step towards enhancing integrated and sustainable food supply chains in the region.
BIO sincerely congratulates its colleagues at Kampani with its 500K investment, sourced by BIO, in Soprocopiv, a coffee cooperative in Butembe (North Kivu, DRC), .