The Dutch Banking Code, which came into effect in 2010, required Supervisory Board members to follow a formal program of lifelong learning. At FMO, this began in 2010 and was continued and expanded in 2011.
The program of lifelong learning was also used as a starting point for the preparation of the 2013-2016 strategy.
Last year, Supervisory Board members participated in learning sessions on the following subjects:
- The Agribusiness, food & water sector, which FMO added as a focus sector in 2011;
- The Housing sector, another of FMO's focus sectors;
- Risk management;
- International Financial Reporting Standards (IFRS) accounting rules;
- Procedures around FMO's Special Operations activities;
- Climate change;
- Development effectiveness.