BAM GROEP : CFO Thessa Menssen new Supervisory Board member of FMO
May 23, 2016 at 04:49 am EDT
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(Press release FMO:) The Hague, 23 May 2016 - Thessa Menssen, Chief Financial Officer and member of the Executive Board of Royal BAM Group has been appointed as new member of the Supervisory Board of Dutch development bank FMO. She replaces Rein Willems, who left FMO's Supervisory Board in 2014.
FMO is very pleased with the appointment of Thessa Menssen, according to Jean Frijns, Chairman of the Supervisory Board: 'With her strong financial background acting as CFO of Royal BAM Group, experience in sustainability as well as infrastructure projects, Thessa Menssen fits perfectly in the profile of a Supervisory Board member with high-level expertise and an excellent network in the Dutch business environment. With her knowledge and experience, she will be able to further strengthen FMO as a professional and sustainable development bank.'
FMO is the Dutch development bank. As a leading impact investor FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development, and has a 45-year proven track record of empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9.3 billion spanning over 85 countries, FMO is one of the larger bilateral private sector developments banks globally. For more information please visit www.fmo.nl.
Royal BAM Group NV published this content on 23 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2016 08:48:03 UTC.
Original documenthttp://www.bam.com/en/press/press-releases/cfo-thessa-menssen-new-supervisory-board-member-of-fmo?position=0&list=09IY0PsOTyy78XDBSvg2C-FVb_UIhxbNUegDv7haXrM
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Royal BAM Group N.V. is a building and public works group. Net sales break down by activity as follows:
- buildings and civil engineering infrastructure construction (88.3%): roads, highways, airports, tunnels, railways, residences, hospitals, schools, offices, businesses, etc. The group also develops subcontracted mechanical and electrical installations implementation activity;
- real estate development (8.7%);
- other (3%).
Net sales are distributed geographically as follows: the Netherlands (47.9%), the United Kingdom (42.7%), Ireland (7.4%), Belgium (1.9%) and other (0.1%).