Who we are

EDFI


Mission

EDFI members have established the EDFI association as a value-adding platform and as a service provider that will support all members to realise their vision by:

  • Fostering EDFI members’ cooperation with European Union institutions, and with other DFIs such as bilateral DFIs outside Europe and the IFC
  • Advocating the key role of development finance
  • Improving the efficiency and effectiveness of EDFI members
  • Facilitating knowledge-sharing and learning
  • Helping to raise the profile of EDFI members
  • Providing financing opportunities to EDFI members

In addition, EDFI serves to inform the public and government stakeholders about the European DFIs’ contribution to development.

Core values

The Association is guided by a set of common values:
Association of equals: All members have an equal voice in the governance of the Association and are expected to be active contributors to the Association’s work, as permitted by their size and capacity.
Diversity: We value our diversity and will use the benefits of our complementary business models, skills, expertise and portfolios to create value for our clients.
Demand-driven: The primary concern of the Association is the needs of its members.
Small and efficient: The Association’s business will be conducted with a keen concern for operational efficiency.

History

DFIs emerged right after WW2. CDC was established in 1948, DEG in 1962, IFU in 1967, and FMO in 1970. Gradually, more and more countries considered ways to support private sector investments in developing countries and subsequently decided to set up their own DFI.

In 1992, seven European DFIs agreed to establish the Association of European Development Finance Institutions (EDFI) to strengthen cooperation and to facilitate knowledge-sharing and learning.  Other institutions progressively joined the Association, which today represents fifteen members. EDFI remains open to new members. Please visit the members section for more information on the eligibility criteria.

EDFI aims to play an important role in helping members respond to the new development paradigm by stepping up its communications and adding more resources. EDFI has also established a new Management Company in 2016, which already manages ElectriFI and AgriFI ,  EU-funded facilities to support renewable energy and sustainable agriculture.

Governance

EDFI asbl is a non-profit association, registered in Belgium in 1992. Its legal bodies are defined in its bylaws. EDFI’s supreme body is the General Meeting, which convenes once a year. Extraordinary General Meetings are convened by the Board of Directors whenever it’s deemed necessary or upon request of one fifth of the Members.

The Association is managed by a Board of Directors consisting of up to six directors, elected by the General Meeting among the representatives appointed by the Members, by a simple majority, for a one-year term. They are eligible for re-election at the end of each term for a total of three consecutive years. The Board of Directors elects the Chairperson for a one-year term among the directors. The Chairperson is eligible for re-election at the end of each term for a total of three consecutive years. The current Chair, serving in a personal capacity, has been elected by the members.

The General Manager, nominated and revoked by the General Meeting, is responsible for EDFI’s daily management. He reports to the Board of Directors. The Board has set up Networking Groups for the exchange of experience and information. There are currently 7 formal Networking Groups that meet once or twice a year:

  • Environment and Social Standards
  • Development effects
  • Technical Assistance
  • Corporate governance
  • Communications
  • HR
  • Legal

EU Transparency Register 410540760-32

Board members

Bruno Wenn

Chairman

Bruno Wenn
Chairman

Bruno Wenn is the Chairman of EDFI, serving in an individual capacity. Bruno Wenn was the Chairman of the Management Board of DEG from October 2009 until June 2018. Prior to that he had been working for KfW Bankengruppe since 1982, in his last position he was responsible for the Regional Division Sub-Saharan Africa. Bruno Wenn began his career as a trainee with KfW in Frankfurt after graduating from University of Bonn with a degree in economics and a post graduate training programme in development economics at the German Development Institute, Berlin. Bruno Wenn is an Honorary Member of the German Business Associations for Africa, Hamburg/Berlin, Chairman of the Board of Trustees of AFOS Foundation for entrepreneurial Development, Cologne, Member of the Advisory Board of the Tony Elumelu Foundation, Lagos, and Member of the Board of various cultural Associations in Cologne.

Gregory Clemente

CEO, Proparco

Gregory Clemente
CEO, Proparco

Grégory CLEMENTE is Chief Executive Officer of Proparco, the private sector financing arm of Agence Française de Développement (AFD). Grégory CLEMENTE started his professional career in 1996 at the French Overseas Departments Note-Issuing Bank (IEDOM) in Pointe-à-Pitre, then at this institution’s headquarters in Paris. In 2000, he joined AFD Group’s Financial Department as a market operator, prior to becoming the Director for market activities in 2005. He was appointed Director of AFD’s Asia Department in 2011. In 2014, he became AFD’s Executive Risk Management Director. Grégory CLEMENTE holds a Master’s Degree in Banking and Finance from the University of Lyon II.

José Luis Curbello

Chairman & CEO, COFIDES

José Luis Curbello
Chairman & CEO, COFIDES

Jose L. Curbelo has a wide experience in COFIDES, since he was the Director of its Investment Department from 1999 to 2009. During his professional career he also held different positions, such as Deputy Chairman for Development Strategies and Public Policies and Chief Economist in CAF-Development Bank of Latin America, CEO at the Basque Institute of
Competitiveness (Orkestra), Head for the Small Business Development Unity of the Multilateral Investment Fund (MIF) in the Inter-American Development Bank (IDB), etc.
He is an Economist, and holds a PhD from the University of California-Berkeley, a Master Degree in Urban and Regional Planning from the University of Wisconsin-Madison and a “Licenciado” Degree in Economics from the University of the Basque Country.

Maria Håkansson

CEO, Swedfund

Maria Håkansson
CEO, Swedfund

Maria Håkansson is CEO of Swedfund, the Swedish Governments Development Finance Institution. Swedfund’s goal is to fight poverty through the creation of sustainable businesses in developing countries and thereby to contribute to Agenda 2030. Maria Håkansson is a business-oriented executive with experience from finance, M&A, sales, digitalization and new business models. She has a strong track record in building sustainable businesses and a long experience from leading global multi-cultural teams. Before joining Swedfund, Maria gained 20 years’ experience from a variety of senior positions at Ericsson, notably in her last position as Head of Internet of Things .

Peter van Mierlo

CEO, FMO

Peter van Mierlo
CEO, FMO

Peter van Mierlo started as Chief Executive Officer in FMO’s Management Board in 2018. Prior to joining FMO, Peter worked in the professional services industry for over 30 years. He started his career in 1987 at one of the predecessors of PwC. Peter van Mierlo has built his career on advising clients around mergers and acquisitions and he held a wide range of national and international leadership positions such as Transaction Leader, Chairman of the Assurance Board, CEO of the Dutch PwC organisation as well as Managing Partner of PwC Europe. Peter van Mierlo holds a Master’s degree in Economics from Erasmus University.

Michael Wancata

Executive Board Member, OeEB

Michael Wancata
Executive Board Member, OeEB

Michael Wancata was intensely involved in the establishment of OeEB, the Development Bank of Austria, and has been Member of the Executive Board since 2008. Additionally, he acts as Advisory Board member and Supervisory Board Member in Private Equity Funds that OeEB is invested in. Before joining OeEB, Michael Wancata served at Austria’s export credit agency Oesterreichische Kontrollbank (OeKB) in various positions, most recently as Deputy Head of the Project and Environmental Risk Analysis Department.

Michael Wancata studied Business Administration and completed a postgraduate training course for export project management at Vienna University of Economics and Business.

Nanno Kleiterp

Honorary Chair

Nanno Kleiterp
Honorary Chair

Nanno is the Honorary Chairman of EDFI. He is also Chairman of the Board of Directors of the &Green Fund.

Nanno serves on the advisory boards of Forum International and Commonland. He is senior fellow of the World Resources Institute, a global research institute that focuses on critical issues at the intersection of environment and development.

Nanno served on the Management Board of the Dutch Development Bank (FMO) for 21 years, first as CFO and from 2008 to 2016 as CEO. He started his career with FMO in 1987 as an Investment Officer at the SME department. Prior to joining FMO, Nanno gained experience in development finance in the private sector while working for nearly 10 years in Peru, Mexico and Nicaragua.

Secretariat

The EDFI Secretariat is based in Brussels and consists of an international team of five members.

Søren Peter Andreasen

General Manager

Søren Peter Andreasen
General Manager

Søren Peter Andreasen is General Manager of EDFI. Before joining EDFI in 2016, Søren worked for 15 years in the consulting industry with a specialisation in development, finance, and investment in emerging markets. Søren holds a master’s degree in public policy from Harvard University. He started his professional career with the United Nations (UN) Secretariat in New York before he joined McKinsey & Company in Copenhagen and subsequently co-founded the consulting firm Dalberg Global Development Advisors.

Pere Joan Ribas Barcelo

Senior Programme Manager

Aleix Jolis Rosell

Financial Accountant

Ewa Lubiejewski

Membership Network Coordinator

Mathilde Poncelet

Communications Specialist

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