Next Generation Microfinance

Supervisory Board

The Supervisory Board, appointed by the shareholders, is responsible for the general oversight and direction of Musoni. This is equivalent to a UK Board of Directors. The Supervisory Board both stimulates and provides a check on Musoni’s senior management.

The Supervisory Board receives monthly reports and meets once a quarter.

The Supervisory Board consists of:

Sjoerd van Keulen (Chairman)

Sjoerd van Keulen has helped banking become more sustainable oriented.

Mr. van Keulen studied political science in Amsterdam. His first job was business advisor, first as a private consultant and later at Pierson bank. From 1990 till 1998 he was director at this bank and was successful in merging it into MeesPierson in 1994. From 1999 till 2002 Sjoerd van Keulen was chairman of the managing board at Fortis Bank Netherlands and from 2002 till 2009 he served as CEO of SNS-bank. In that position he managed the acquisition of several financial companies and brought part of the bank to the stock exchange in 2006.

Since 2003 Mr. van Keulen is board member of PharmaAccess, a public private partnership to improve healthcare in Africa. Since 2009 Sjoerd van Keulen also serves at the chairman of Holland Financial Centre.

Malcolm Harper (Vice Chairman)

Malcolm Harper is a well-known scholar on microfinance and economic development.

Mr. Harper was educated at Oxford, Harvard and Nairobi. He first worked in marketing in England, and then taught at the University of Nairobi. He was Professor of Enterprise Development at Cranfield School of Management, and since 1995 he has worked independently in many developing countries. He has published on microfinance, self-employment, enterprise development and livelihoods, most recently ‘Inclusive value chains in India – Linking the poor to modern markets’ and ‘What’s wrong with microfinance?’

He was Chairman of Basix Finance in India for ten years, and is Chairman of M-CRIL, the international microfinance and social rating company. He was the founding editor of ‘Enterprise Development and Microfinance’, and is a director and trustee of Homeless International, EDA Limited, APT Enterprise Development, PA Publications and other related institutions.

Marinus Maaskant (Vice Chairman)

Marinus Maaskant has over 20 years of experience in banking in various international management roles. The last 10 years Marinus Maaskant specialized as a strategy consultant and coach for management teams in various organisations. The last two years Marinus also performed various MFI assignments in the Caucasus, Cambodia and the Balkans through Triple Jump. Since the end of 2008 Marinus is an advisory board member of an MFI in Azerbaijan.

Marinus was trained as a CPA in the Netherlands and worked with the ministry of Finance for seven years. He pursued his career at the ABN AMRO Banking group for 21 years in different areas: Operations, Internal Audit, Training and Development and Securities processing. His last position was CEO of a joint venture between Mellon and ABN AMRO.

Marinus Maaskant started his own company in 2001 and acts as a coach and strategy consultant in Europe. He also develops commercial projects in China. Marinus is advisory board member of several organizations.

Duncan Goldie-Scot

Duncan Goldie-Scot pioneered the use of mobile payments in microfinance institutions in Africa, through his not-for-profit company Mobile Microfinance Ltd.

He has previously invested in a successful start-up microfinance institution in Tanzania and has microfinance field experience in Kenya, Tanzania and Nigeria.

Duncan trained as an economist and later took a Sloan Fellowship (MSc equivalent) at the London Business School. After university, Duncan briefly edited a computer magazine for what is now Reed Elsevier, then started his own company publishing a wide range of magazines and books, mostly about technology and finance. He has also written his own books, published by the Financial Times, on banking and finance in India, China and South Africa and edited a Financial Times newsletter about digital and mobile money. He was the founding Chairman of the UK's Electronic Money Association and a director of the International Financial Cryptography Association.

Ian Callaghan

Ian Callaghan brings nearly 20 years of expertise - as a business owner, consultant and banker - to the areas of SME finance, microfinance and finance for other “bottom of the pyramid” products and services. His particular specialism is in the provision of such finance in remote areas and developing countries.

From 2008-2009 he was Senior Director of Investments at the Omidyar Network, a US-based philanthropic investment company and from 2005 to 2008 he led the investment bank Morgan Stanley’s efforts in the field of microfinance, latterly as head of its Microfinance Institutions Group. During this period he arranged some $250 million in loans for some 35 microfinance institutions in 20 countries. From 2000 to 2006, Ian was a specialist consultant on SME finance and risk, first with a City of London consultancy and latterly (2004/06) to Morgan Stanley. During this time he advised many of the UK and Europe’s leading banks, in particular on SME risk transfer strategies.

Ian brings to this wide career experience the realistic perspectives of 25 years in West Africa, where he was born and brought up.

 
 
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