France’s Public Development Bank
Rémy Rioux is a Senior Advisor at the Court of Auditors. He has held high-level positions in a career devoted to development and Africa.
As Director of the Office of the Minister of the Economy, Finance and Foreign Trade, Pierre Moscovici, from 2012 to 2014, he contributed to restoring the competitiveness of the French economy and consolidating public accounts.
In 2014, Laurent Fabius, Minister for Foreign Affairs and International Development, appointed him as Deputy General Secretary. He was the pillar for the economic diplomacy policy. Moreover, he coordinated the “finance” agenda for the French presidency of COP21, up to the final negotiation of the Paris Agreement on Climate.
Rémy Rioux is an expert in international financial institutions, particularly development banks. He is passionate about development and climate and familiar with Africa and its opportunities. Since June 2016, he heads the French Development Agency (AFD), whose mandate and resources in favor of development policy have recently been expanded. He was reappointed for a second term in May 2019.
Rémy Rioux is also Chairman of the International Development Finance Club (IDFC), IDFC, created in 2011, is the leading group of 24 national and regional development banks from all over the world, a majority active in emerging markets. IDFC is the largest provider of public development and climate finance globally, with USD 4 trillion in combined assets and annual commitments above USD 850 billion, including USD 200 billion of climate finance.