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ASA International, a private company limited by shared, was registered in April 2007 under the Laws of Mauritius and holds a Global Business License (C1/GBL).
The specific objectives of ASA International are:
- to establish MFIs anywhere in the world which are fully owned by ASAI;
- to play an active role in creating value in its entities through guidance and active supervision; and
- to invest in holding companies that would establish or invest in MFI
The company is managed by a Board of Directors consisting of Messrs. Shafiqual Haque Choudhury, Dirk Brouwer, Philippe Ledesma and Aldo Poncini; the latter two being independent Directors.
It is envisioned that as the company matures more independent directors will be appointed. They are expected to be renowned persons in the field of development and poverty reduction who will enrich ASA International’s mission with their philosophy and guidance.
ASA International has a high level committee that oversees investment decisions and monitors ongoing activities in all entities.
To facilitate the corporate functions of ASA International, a subsidiary company called “ASA International NV” was formed in mid 2008 under the laws of the Netherlands. ASA International NV is responsible for group compliance, reporting, treasury, legal support, ratings and taxation planning functions. |