The chairman of the Dutch Entrepreneurial Development Bank (FMO) Peter van Mierlo has announced that he will step down as the organisation’s CEO.

FMO empowers entrepreneurs in developing countries to build a better world. At his appointment in July 2018, Van Mierlo was tasked to make the organisation future proof. Specific attention was required for the organisation’s compliance and ‘know your customer’ (KYC) processes as well as more transparent reporting and communication aro...