The BlueOrchard Finance board of Directors meets quarterly. It has elected a four-member executive committee which additionally meets on a monthly basis to review the most important operational issues.

Ernst A. BRUGGER (Chairman of the board and President of the executive committee)
Ernst A. Brugger (born 1947) is the President of BHP - Brugger and Partners Ltd, a consulting firm specialised in sustainability strategies. He is also chairman of the Sustainable Performance Group, Zurich, Switzerland's largest sustainability fund, chairman of SV Group, Zurich, as well as member of the board of directors of other sustainability oriented organizations. He is an Honorary member of the “International Committee of the Red Cross” (ICRC) and a part-time Professor at the University of Zurich. Over the last 25 years he has been a consultant to business and institutions in Europe, Latin America, Africa and Asia. In his role as co-founder and CEO of The Sustainability Forum Zurich and in his project work he advocates the implementation of long-term strategy, sustainability and good governance in business and politics.

Melchior DE MURALT (Vice Chairman of the board and member of executive committee)
Melchior de Muralt is a managing partner of Pury Pictet Turrettini & Cie. S.A. (PPT, www.ppt.ch  ), a prominent independent asset management firm based in Geneva, Switzerland. PPT is a pioneer in the socially responsible investment arena and a co-founder of the Electrical Investment Company (managers of the EIC Utility and Renewable Energy Funds), of Blue Orchard Finance S.A., a leading microfinance investment company, and of the Guilé European Engagement Fund, engaged in strategic corporate social responsibility, based on the principles of the United Nation’s Global Compact. Melchior de Muralt is also a senior executive of Madison Management A.G., a company specialized in family firms buy-out. He is president of Cadmos Fund Management and of the Guilé European Engagement Fund, a leader in the field of socially responsible equity investment. He acts as treasurer of the Novandi Guilé Foundation and is a director of Oasis, a social entrepreneurs’ investment fund. Melchior de Muralt holds a PhD in Political Sciences from the University of Lausanne, Switzerland.

Marc BEAUJEAN (member of executive committee)
Marc Beaujean is an Associate Director of McKinsey & Co, Inc. based in Brussels since 1993. Marc Beaujean's core field of expertise lies in banking & insurance at European level. Being active in Belgium, Luxembourg, France, Italy, Germany and Poland, Mr. Beaujean carried about 50 missions in this field, with a more specific focus on private banking, retail banking and asset gathering strategies, both on- and off-shore. Mr. Beaujean is a leader of McKinsey's European Insurance & Asset Management Practice, with a specific focus on Employee Benefits & Pensions and Fund Administration.Marc Beaujean holds a B.A. in Applied Economics from ULG, Belgium and a MBA from Columbia University, New York.

Jean-Philippe DE SCHREVEL ( BlueOrchard Investments  - Founder and CEO; BlueOrchard Finance S.A. - Co-Founder and Executive Director)
Jean-Philippe de Schrevel founded BlueOrchard Investments and BlueOrchard Private Equity Fund, as well as Bamboo Finance and Oasis Fund at the end of 2007. He also co-founded BlueOrchard Finance in 2001 and is now a member of the Executive Committee of its Board. He had joined Dexia Asset Management in 2000 as the Dexia Micro-Credit Fund Manager. Prior to that, he successfully worked as Junior Team Economist in Romania for a EU PHARE* technical assistance program; Field Consultant in microfinance for a Belgian NGO in Tanzania and Guatemala; Associate with McKinsey & Co; Operations Director of a private microfinance foundation in Argentina; Consultant for the UNCTAD Microfinance Unit in Geneva. Jean-Philippe holds a MA in Economics from Université Notre-Dame de la Paix in Namur, Belgium, and a MBA from the Wharton School of the University of Pennsylvania, USA. *EU technical assistance programme to Central and Eastern European Countries.

Martin VELASCO (member of executive committee)
Martin Velasco is an entrepreneur and business angel with extensive experience in the electronic, medical and biotech areas. Mr. Velasco directs and serves on the boards of several high-tech start-ups, is cofounder and director of Sumerian, cofounder, chairman and ceo of Anecova, chairman of AC Immune, cofounder and member of StemLifeLine's Executive Board, chairman of theScreener and director of NovImmune. He is also the founder and chairman of Infantia Foundation, a philanthropic organization that aids children in the developing world. He is a member of the board and the executive committee of BlueOrchard, a leading microfinance investment advisory company.
Mr. Velasco obtained his Electrical Engineering degree from Ecole Polytechnique Fédérale Lausanne (EPFL), Switzerland and a Master's of Business Administration from INSEAD in Fontainebleau, France.

Bülent GULTEKIN
Bülent Gültekin is Associate Professor of Finance at the Wharton School of the University of Pennsylvania. He is the former Governor of the Central Bank of the Republic of Turkey. In the past, he served as Director General for Research and Planning at the Central Bank of the Republic of Turkey (1987), Chief Advisor to Prime Minister Turgut Özal (1987-89) and Prime Minister Mesut Yilmaz (1991). He was Undersecretary of State and the President of the Housing Development and Public Participation Administration (1988-89), Chairman of the Board of Directors of Sumerbank Holding A.S., an industrial and banking conglomerate with over 35,000 employees (1988-89), Chief Advisor to the Plenipotentiary of Ownership Changes at the Ministry of Finance in Poland (1989-1990) and to the Minister of Privatization (1990-1991) in Poland. In this capacity, he designed the first Privatization Program of the Polish government.

He has advised the Ministry of Finance in Indonesia, Governments of Egypt, Uzbekistan, Kazakhstan, the State Property Fund of the Russian Federation, the Capital Markets Board of Turkey, Istanbul Stock Exchange, the United States Agency for International Development, and the Governments of Ukraine and Belarus. He was an advisor of the late President Turgut Özal, President Nursultan Nazerbaev, and President Islam Karimov. Professor Gültekin served as a senior advisor to the World Bank and the European Bank for Reconstruction and Development. He advised the United Nations, the Organization for Economic Cooperation and Development, the International Finance Corporation, and Saudi Arabian Monetary Agency. He served as a consultant for major multinational corporations such as Goldman Sachs, Morgan Stanley & Co., Rothchild & Cie, IBM, Merck and Co., Citicorp, Chemical Bank, Merrill Lynch, Anheuser-Bush, Pennsylvania Bell Telephone Co., American Bankers Institute. He was a director for the Westergaard Fund (1983 - 1986) and for the Bell Atlantic Mutual Funds (1990 - 1992).

Professor Gultekin is a director on the boards of the Grossman Currency Fund Ltd., GlobalNetFinancial.com. He is the senior advisor and Chairman of the Board for the Global Euro Net Group, a private equity fund. He is a trustee of Koc University in Istanbul and the American University in Bulgaria. Professor Gültekin has published extensively in scientific journals on monetary economics, banking, corporate finance, capital markets, privatization, and economics of transition to market economies. He was also the President of the European Finance Association in 1989.He received his B.Sc. degree in Mechanical Engineering from Robert College, Istanbul, MBA from Bogazici University, Istanbul, and a Ph.D. in Finance and Statistics from the Wharton School, University of Pennsylvania, Philadelphia (1976). He had previously taught at the University of Chicago, Dartmouth College, Koc University and INSEAD.

Kathryn IMBODEN
Mrs. Imboden has worked in the field of economic development since 1973, for the Swiss Agency for Development and Cooperation (SDC) in Chad, the OECD Development Centre, the Club du Sahel and the US Treasury Department. From 1986 to 2001, she was with SDC in Bern, during which time she was responsible for SDC's economic work (macroeconomics and financial sector). Mrs. Imboden chaired the Executive Committee of the Consultative Group to assist the Poorest (CGAP) from 1999 to 2001. She served as  Policy Change Manager at Women's World Banking (WWB) from 2001 - 2004, where she led WWB's policy analysis and advocacy work, with a focus on legal, regulatory and supervisory issues. Mrs. Imboden joined the UN Capital Development Fund in spring 2004 to lead the policy work program for the 2005 International Year of Microcredit.  She is responsible for an innovative multi-stakeholder consultative process culminating in the publication of the "Blue Book on Building Inclusive Financial Sectors for Development" in fall 2005. Since 2006, Mrs Imboden is acting as Director of Policy for the Aga Khan Agency.
A citizen of Switzerland and the U.S., she has a B.A. in economics from Mount Holyoke College and a Diploma from the Institut d'études politiques de Paris.

André ROELANTS
André Roelants was appointed Chairman of the Board of Directors of Clearstream International on 10 December 2004. His career in international banking spans forty years. Before joining Clearstream International as President and Chief Executive Officer in July 2001, André spent six years as the CEO of DEXIA Luxembourg and was member of the DEXIA Group Executive Committee. Prior to this, André held senior executive positions at Credit Commercial de Mons, Royal Bank of Canada, Belgium, Banque Sud Belge, Chase Banque de Commerce, Brussels, Chase Manhattan Bank, Copenhagen, Bank of America International, Luxembourg, Cregem International Bank, Luxembourg, and Banque International à Luxembourg. André Roelants was educated at the Institut Notre Dame, Brussels, the Faculté Universitaire Catholique de Mons, the Ecole de Commerce Solvay, the Université Libre de Bruxelles, and the Harvard Business School.

Alexandre DE LESSEPS
Born in Paris on May 20th 1949, Mr. de Lesseps is educated in Khartoum and then in France and leaves for the United States in 1973 to join Northwestern University in Chicago. Following his military service in France, where he is enrolled in the Film Department, he becomes a producer of TV films with TelFrance in Paris, InterTel in Munich and Telvetia in Switzerland. In 1984, he is the CEO of Intertel USA Inc. and Tanit Productions in Los Angeles. From 1986 to 1988, he founds a French personal care manufacturer, Les Laboratoires de l'Atlantique, of which he is the President. His interest in emerging markets lead him to manage a private equity fund in Asia as of the late eighties, and to become advisor to a Fund Management firm in Hong Kong. Alexandre de Lesseps is President of Coral Capital Limited of London and Pandaw Investment Holdings in Hong Kong, both involved in direct investments in emerging markets. He has been awarded with the Fulbright Humanitarian Award in 2004.

Pierre BOPPE
Pierre Boppe is holding various senior positions with the tourism and hotel industry. He is currently the President of The Stein Group, a leading pan-European developer and operator of small lifestyle hotels, (www.thesteingroup.com). He is also the Deputy Chairman of Kuoni Travel Holding Ltd, one of the largest travel companies (www.kuoni.com) and Board member of the Hongkong and Shanghai Hotels Ltd. ( www.hshgroup.com). Mr Boppe has also an extensive experience in working in Africa and South East Asia when he was involved, as an executive of SGS, (www.sgs.com) in international trade monitoring programs working with various Central Banks and Ministries of Finance. Mr. Boppe holds a degree in civil engineering from the Swiss Federal Institute of Technology, Lausanne, and a Master degree in civil engineering management from Stanford University, California. In 2002, he received the decoration of Chevalier de la Légion d'Honneur from the French Government.

Naïm Abou-Jaoudé
Naïm Abou-Jaoudé is Chairman of the Executive Committee of Dexia Asset Management and CEO of Dexia Asset Management. He joined Dexia in 1996 and has positioned the group as one of the leading alternative investment fund managers in Europe. Before joining Dexia Asset Management, Naïm Abou-Jaoudé was Director of Investment Management and Member of the Board of Directors of UBS Asset Management France (taken over by Dexia in 1999). Prior to that, Naïm was a partner at Transoptions Finance (a subsidiary of Credit Agricole Indosuez). During his 6 years there, he was Market Maker on interest rate options, Head of convertible bond trading and he also launched and managed his own convertible bond arbitrage fund. He graduated from the Institute of Political Studies in Paris (IEP-Sciences Politiques) and he also holds a Masters’ degree in Economics and Finance from the University of Paris II.