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Grégory Clemente
CEO
Proparco
Private Sector & Development author
Grégory CLEMENTE has today been appointed Chief Executive Officer of Proparco, the private sector financing arm of Agence Française de Développement (AFD). He will be taking up his duties on 1 April 2016.
Grégory CLEMENTE started his professional career in 1996 at the French Overseas Departments Note-Issuing Bank (IEDOM) in Pointe-à-Pitre, then at this institution’s headquarters in Paris. In 2000, he joined AFD Group’s Financial Department as a market operator, prior to becoming the Director for market activities in 2005. He was appointed Director of AFD’s Asia Department in 2011. In 2014, he became AFD’s Executive Risk Management Director. Grégory CLEMENTE holds a Master's Degree in Banking and Finance from the University of Lyon II.
Proparco
Proparco is a subsidiary of the AFD Group focused on private sector development. It has been promoting sustainable economic, social and environmental development for over 45 years.
Proparco provides funding and support to both businesses and financial institutions in Africa, Asia, Latin America and the Middle-East. Its action focuses on the key development sectors: infrastructure, mainly for renewable energies, agribusiness, financial institutions, health and education. Its operations aim to strengthen the contribution of private players to the achievement of the Sustainable Development Goals (SDGs) adopted by the international community in 2015.
To this end, Proparco finances companies whose activity contributes to creating jobs and decent incomes, providing essential goods and services and combating climate change.