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Addressing global issues

The United Nations Sustainable Development Goals (SDGs) and the Paris Climate Agreement have set joint public and corporate agendas aimed at ending extreme poverty, reducing inequality and tackling climate change.


The Supervisory Board regularly discusses FMO’s risk profile and other financial and accounting matters in all of its meetings.

Corporate Governance

Sound corporate governance at FMO is crucial for two reasons. The first reason is that as a public-private development bank, our own governance, structure and reporting lines must be both sound and transparent.

Articles of association

FMO’s articles of association were last amended in 2009, the year in which the first version of the Dutch Corporate Governance Code came into effect. Its bylaws were updated in 2013.

Governance structure

FMO’s corporate governance structure is based on the premise that FMO is a long-term partnership of stakeholders who, directly or indirectly, influence or are influenced by the achievement of our objectives.

Solid risk management framework

FMO has a solid risk management framework in place reflecting its banking license, AAA rating and mandate to do business in high-risk countries.

Aligned remuneration policies

Remuneration policies are also fully aligned with the principle of attaching equal importance to Front Office and Risk functions, by ensuring similar salary scales for both functions and avoiding bonus structures that incentivize excessive risk

Independent complaints mechanism

FMO has an Independent Complaints Mechanism (ICM) together with the Deutsche Investitions- und Entwicklungsgesellschaft (DEG). This allows affected parties the possibility to raise their complaints with an Independent Expert Panel (IEP).

FMO Investment Management

FMO Investment Management B.V. (FMO IM) is a 100% subsidiary of FMO. The purpose is to build and grow investment management for professional investors.

NedLinx B.V.

NedLinx B.V. is a 100% owned subsidiary of FMO. It was established as of October 2, 2017.