Customer and market support

Our customers are central to achieving FMO's impact ambitions.

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Financial performance

We recorded a net profit of €1 million for the financial year ending on 31 December 2022.

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2023 Outlook

The outlook for 2023 is shaped by several interconnected economic and non-economic developments.

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Priorities in 2023

We will continue to fulfill our mandate as a DFI, investing countercyclically and taking risks that commercial parties are not (yet) willing to take.

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In control statement

FMO has internal risk management and control systems that enable us to take risks and control them and that are based on international best practices.

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Report of the Supervisory Board

In 2022, FMO put important steppingstones in place for growing its impact. Once most COVID-19 measures were lifted, employees were able to travel again, visit (potential) customers and rebuild the portfolio.

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Corporate governance

The Supervisory Board (SB) ensures that FMO adheres to all applicable corporate governance codes, further described in the chapter on corporate governance.

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Proposals and recommendations to the Annual General Meeting

Having stated all of the above, the Supervisory Board endorses the report of the Management Board. We propose that the AGM adopt the 2022 Financial Statements audited by Ernst & Young Accountants LLP.

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Members of the Supervisory Board

Read more ›Members of the Supervisory Board

Corporate governance

Good corporate governance at FMO is crucial for two reasons. The first relates to our mission to enable entrepreneurs to increase inclusive and sustainable prosperity.

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