31 January 2014: Joost Zuidberg: ‘Sustainable Development Finance in Frontier Markets: The Case of TCX Fund'
The Amsterdam MBA Leadership Speaker Series hosted Joost Zuidberg on Friday, January 31, 2014 on the topic of ‘Sustainable Development Finance in Frontier Markets: The Case of TCX Fund'
The Amsterdam MBA students spent a week in January at the University of Cape Town on the MBA programme’s annual International Study Trip. In South Africa, they learned a great many things about the challenges of doing business in an emerging market, and the challenges of using South Africa as a springboard for business in the rest of sub-Saharan Africa. Joost Zuidberg’s presentation January 31st fit right in with this learning experience. One of the major risks of investing in sub-Saharan Africa relates to currency risks, especially in markets that lack liquidity and financial stability. TCX Fund hedges the currency and interest rate mismatch that is created in cross-border investments between international investors and local market participants in frontier markets. As becomes a CEO, Joost needed few words to make a passionate case for the opportunities in sustainable development finance. In a presentation that at times became dizzyingly technical, Joost spoke both about issues at the macro-economic level and about the strategy and performance of TCX Fund. In spite of the momentous challenges facing frontier markets, Joost exuded optimism about the opportunities and lauded the work ethic and entrepreneurial spirit of managers on the ground, trying to make things work in a very difficult environment.
To view his complete presentation, click here
Joost Zuidberg is co-founder, managing director and CEO of TCX Fund, which hedges risk in over 70 currencies across the globe and manages a portfolio of over $1 billion. From 2000 to 2007, Joost worked as manager of the capital markets department and manager of the Africa department at FMO, another Dutch development bank, and before that in various functions for ABN Amro. Joost has an MBA from the Rotterdam School of Management and an MSc in mining engineering from Delft University. Son of a career diplomat, Joost has lived and worked in many frontier economies around the world. Besides work, Joost enjoys sailing and spending time with his wife and three children.
About the Amsterdam MBA Leadership Speaker series
The Amsterdam MBA Leadership Speaker Series is a series of events organized on a bi-monthly basis during the academic year, in which members of the business community are invited to speak on topics related to leadership and management. The series aims to serve as inspiration and provide networking opportunities to MBA students, alumni, friends, colleagues, and other interested members of the Amsterdam MBA community. For information on upcoming events or opportunities to speak in the series, contact the director of the MBA programme, Dr Alan Muller (amuller@uva.nl).