The Belgian impact investing firm Incofin Investment Management announced today that it has promoted two of its senior staff members to lead the company as co-CEOs: Paul Buysens, who joined Incofin in 2018 as its COO, and Geert Peetermans, who has 20 years of service as Chief Investment Officer.
Loïc De Cannière, who is leaving the CEO post after 20 years in the role, commented on some of the other moves Incofin is making regarding its Managing and Supervisory Boards: “We also welcome further gender balance in the new governance structure, reaffirming our commitment to bring gender equality forward at all levels of our activities and our actions.” Mr De Cannière has been named Chair of the Supervisory Board.
Founded in 2001, Incofin is a for-profit firm that seeks “to promote inclusive progress.” As of 2021, it had 320 investees in 66 countries, mostly active in financial inclusion and agriculture. Incofin’s portfolio is valued at USD 1 billion and comprises the following funds: agRIF, BRS Microfinance Coop Fund, Fairtrade Access Fund, Fonds pour l’Inclusion Financière en République Démocratique Congo, Incofin CVSO, Invest in Visions, Rural Impulse Fund (RIF) II, Volksvermogen and a loan portfolio of vdk bank. The firm has offices in Belgium, Colombia, Cambodia, India and Kenya.
Sources and Additional Resources
Incofin press release
https://incofin.com/incofin-appoints-future-proof-governing-bodies/
Incofin homepage
https://www.incofin.com/
More news from MicroCapital on Incofin
https://www.microcapital.org/?s=Incofin
Did you know that MicroCapital publishes the MicroCapital Monitor newspaper each month? Find out more at https://www.microcapital.org/products-page/.
Similar Posts:
- MICROCAPITAL BRIEF: DPAM, Korys Buy Equity in Incofin Investment Management to Boost Impact, Including Via Climate, Gender Funds
- MICROCAPITAL BRIEF: Incofin Closes India Progress Fund with $77m to Promote Financial Inclusion, Agricultural Value Chains
- MICROCAPITAL BRIEF: Incofin Places $4.3m in Equity in Varashakti Housing Finance via India Progress Fund
- MICROCAPITAL BRIEF: Agritech SuperZop Nets $2.7m in Equity from Incofin India Progress Fund to Connect More Farmers, Retailers
- MICROCAPITAL BRIEF: Microfinance Institution PEBCo-Bethesda of Benin Borrows $2m from Incofin via Agricultural Liquidity Fund