Arthur Arnold, former CEO of FMO (2005-2008), calls TCX ‘the most valuable lesson to take forward’ for the Dutch entrepreneurial development bank.

This year marks FMO’s 50th anniversary. In light of this milestone, FMO issued ‘Future minded’, a publication which looks back at 50 years of history, with the clear intention of taking forward the best practices and the most valuable lessons learned during this half century.

Mr Arnold adds: “At first people said they must be dreaming, thinking that one of the biggest shortcomings in development finance, offloading currency risk to clients in frontier markets, could be solved. Today TCX has proven it can be solved, now scaling up is the challenge.”

Read the interview with Arthur Arnold here.

For an overview of all four former CEOs that cooperated, please click here.