Frankfurt and Bogotá, July 20, 2023 – Finance in Motion, one of the world’s leading impact asset managers, is pleased to announce the appointment of Hector Gomez Ang as the new Regional Head - Latin America and the Caribbean (LAC) and as Fund Director for the eco.business Fund, which is active in both LAC and sub-Saharan Africa (SSA). Hector brings a wealth of relevant experience and a proven track record that will significantly contribute to Finance in Motion’s development and strategic direction.
Hector's appointment reflects Finance in Motion's commitment to these dynamic regions and underscores its ambition to expand its expertise and help drive sustainable growth. As Regional Head, he will act as a lever to scale climate change adaptation and conservation solutions across industries, forestry, agriculture, and with financial institutions - leveraging Finance in Motion's resources and strategic position to strengthen its market positioning and realize new business opportunities. Hector will also be instrumental in bolstering Finance in Motion’s geographical footprint, particularly in shaping its Asia strategy.
With a proven leadership track record, deep sector knowledge gained through a career in banking, and a distinguished 16-year tenure at the International Finance Corporation (IFC), Hector Gomez Ang brings a valuable skill set to Finance in Motion. Through his operational experience in diverse regions such as Latin America, Africa, and Asia, he is ideally equipped to help Finance in Motion navigate its complex target markets.
Hector's appointment sends a strong message to investors and the impact investment community, demonstrating Finance in Motion's focus on maintaining its growth momentum and continuing to build on the unique combination of sustainable finance and on-the-ground technical assistance that have made the reputation of Finance in Motion and the funds it advises and manages.
Elvira Lefting, Managing Director at Finance in Motion, said, “A perfect match for Finance in Motion, Hector shares the same values and commitment to impact with an entrepreneurial mindset and focus on delivery. His long-standing leadership experience in three core continents and on core topics such as decarbonization of industries, acceleration of clean energy solutions and technologies, and inclusion make him an excellent fit for our build-out strategy. We look forward to working with Hector to further invest in our capabilities to provide solutions for our investors, partners, and markets and accelerate and scale our impactful asset sourcing.”
Hector Gomez Ang, Director at Finance in Motion, said, “I am thrilled to join Financial in Motion and be a part of their impactful work in Latin America and the Caribbean and, through the eco.business Fund, more directly in sub-Saharan Africa as well. It's an incredible opportunity to work alongside an exceptional team that's truly passionate about making a positive difference. I look forward to leveraging my expertise and working closely with Finance in Motion’s clients, partners, and stakeholders to scale our mandates, strengthen market positioning, and unlock new opportunities. I’m excited at the possibilities of enhancing our impact and driving positive change through sustainable finance.”
About Finance in Motion
Finance in Motion is a global impact asset manager focused exclusively on sustainable development in emerging markets and developing economies. The company structures, manages, and advises impact investment funds that bring together public and private investors to address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, improve livelihoods, and promote economic opportunities.
Over the course of its operations, Finance in Motion has unleashed a cumulative total of EUR 7.1 billion toward these goals in Southeast Europe, Eastern Europe, the Caucasus, Latin America and the Caribbean, the Middle East, North Africa, and sub-Saharan Africa. Finance in Motion also manages technical assistance facilities to supplement these investments, providing support to investees, fostering responsible finance, and maximizing impact.
Through its 16 locally staffed offices that manage activities across more than 38 countries, Finance in Motion leverages its regional expertise and market proximity to help partners develop their businesses and demonstrate that sustainable and financial returns can go hand-in-hand. Impact is the heart of what the company does. An independent verification of Finance in Motion’s impact management system confirmed strong practices and a strong level of alignment with the Operating Principles for Impact Management.
Finance in Motion and its funds contribute to 13 of the 17 Sustainable Development Goals. All funds advised by Finance in Motion fall within the scope of Article 9 of the European Sustainable Finance Disclosure Regulation (SFDR). Finance in Motion is an alternative investment fund manager (AIFM) supervised by the German Federal Financial Supervisory Authority.
For more information, please visit us at: www.finance-in-motion.com
You can also follow us on Twitter @financeinmotion and on LinkedIn
Media contact Finance in Motion
Anne Johnson
Marketing & Communications
Phone: +49 69 / 271 035-742
Fax: +49 69 / 271 035-110
Email: a.johnsonnoSpam@finance-in-motionnoSpam.com
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