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Advans Annual Report 2023

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Board of

Directors

BOARD OF DIRECTORS | Advans’ Annual Report 2023

Eelko Bronkhorst

Chairman of the Board

Eelko Bronkhorst has been

Director of Advans SA since 2015

and is holding the position of

Chairman since 2018. He is CEO

of the financial inclusion advisory

firm Financial Access Consulting

Services. He formerly held the

role of CEO of Orangefield Group,

as well as various positions in

the banking and finance industry

such as CEO of ABN AMRO Bank

(Switzerland), Head of Corporate

Banking & Structured Finance ABN

Amro Bank Indonesia and VP of

Rabobank USA.

Brenda Ndonda Tsvetu

Brenda Ndonda Tsvetu has

been Director of Advans

SA since October 2023. Her

expertise includes corporate

governance, strategy, and financial

management. She retired as CFO

of FirstRand Bank Ltd in November

2023. She is an associate

member of the Association of

Corporate Treasurers in the UK

and a Certified Director with the

Institute of Directors in South

Africa. She also serves as a Non-

Executive Director and Chair of

the Audit and Risk Committee

at SAICA2.

Hervé Schricke

Hervé Schricke has been Director

of Advans SA since 2017. He has

over 40 years of experience in

the finance industry, particularly

in Private Equity and Africa, and

has held numerous executive

and non-executive positions.

Former chairman of the French

PE Association (France Invest), he

sits on the Board of Advans Côte

d’Ivoire, he is Senior Advisor to

Arkéa Capital, executive chairman

of Sofia Fides, and Senior Advisor

to Investisseurs et Partenaires

(I&P) and acts as a Business Angel.

Kate Perkins

Kate Perkins has been Director of

Advans SA since January 2021. She

is currently part of the Financial

Services Equity team at the UK

Development Finance Institution,

British International Investment

plc (BII), which she joined in 2012.

She has a wide range of financial

experience, including impact

investing, corporate finance, and

social development. Before BII,

she worked for Citigroup and

Ernst & Young in London, where

she qualified as a Chartered

Accountant.

Claude Falgon

Claude Falgon has been Director

of Advans SA since its creation in

2005. Claude has dedicated his

career to microfinance and to our

group. He was indeed the Founder

and CEO of Horus Development

Finance until 2012, and the

Founder and CEO of Advans SA

until 2017. He currently sits as

Chairman of the Board of Amret,

of Advans Myanmar, and of Advans

Tunisie. He was also Chairman of

the Board of Advans Pakistan Ltd,

until its sale in March 2024.

Jan Schroeder-

Hohenwarth

Jan Schroeder – Hohenwarth

joined the Board of Advans SA in

June 2024. He is a highly qualified

banker with extensive experience

in Asia and Africa and is a board

member in various sectors and

regions. Jan has significant

expertise in risk management,

commercial banking and business

development. Before joining

Advans SA, he held senior

positions at DEG including Director

Equity Asia and Europe and Head

of Restructuring – and served as

a senior banker at the European

Bank for Reconstruction and

Development in London.

Bernard Pasquier

Bernard Pasquier has been Director

of Advans SA since 2020. He retired

from the World Bank Group (IFC)

in 2004 as the Director for Latin

America. Since then, he has been

a nominee Director for the IFC in

companies in Chile, Columbia, Haïti,

Panama, Slovenia and Turkey. He

currently serves on the Board of

Directors of Ronesans Holdings

(Turkey) and on the Board of

Trustees with the Institute for

American Universities (IAU) in

France.

Erik Bosman

Erik Bosman has been Director

of Advans SA since 2021. He has

30 years of experience in the

financial services industry, including

principal investing, banking, and

international development. His

current roles focus on Africa

and include Chairman of FIVE

(AfricInvest), Senior Advisor to

Ezdehar, and Board Director of

Arise. Prior to this, he was Director

Private Equity at FMO and a

Managing Partner at AlpInvest

Partners.

Advans’ Board of Directors is chiefly responsible for

the overall governance of Advans SA in accordance

with the company’s articles of association and

Luxembourg law. The Board is made up of qualified

senior professionals with extensive experience and

in-depth knowledge of financial services.

Advans SA has also created committees to support

the Board of Directors, the Audit Committee,

the Risk Committee and the HR & Governance

Committee. A Social Performance Champion has

also been nominated on the Board.

Advans SA Board Members are as follows1:

1Board of directors composition as of July 2024

2South African Institute of Chartered Accountants

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