CFO Appointment

ASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, is delighted to announce the appointment of Geert Embrechts as Chief Financial Officer.

Geert Embrechts will join ASA International on 1 February 2026 and will be based in the Amsterdam head office. Geert will be responsible for the Finance, Treasury, Tax and Investor Relations functions. As an Executive Committee member, Geert will work in close collaboration with all areas of the business on supporting the execution of ASA International's strategy to drive long term sustainable growth.

Geert joins from Rabobank where he currently serves as Chief Financial Officer of the Wholesale & Rural business unit, which represents the international business of Rabobank. In total, he has 30 years of experience at Rabobank leading and scaling finance, control and operational functions across different business lines and numerous geographies. This deep financial services expertise alongside extensive experience in managing international operations, particularly in the emerging markets, will be invaluable in his new role at ASA International. In addition, Geert also has extensive board experience having served on several Supervisory Boards during his career.

It is the intention that Geert will be appointed to the Board of ASA International as an Executive Director in due course.

Tanwir Rahman, the Group's current Chief Financial Officer, will assume a new role of Finance Director and will remain based in the Dhaka head office.

Guy Dawson, ASA International Chairman, stated:

"On behalf of the Board, I would like to welcome Geert to ASA International. He brings exceptionally broad experience in leading finance and control functions as well as in developing and contributing to international growth strategies within a financial services context. He is a seasoned and commercially driven leader and comes equipped with the understanding and mindset required to make impactful decisions to drive growth and efficiencies as well as to champion the highest standards of corporate governance."

Rob Keijsers, ASA International CEO, added:

"We're delighted to welcome Geert to ASA International as our new CFO. His appointment marks an exciting step forward in our journey, and myself and the entire leadership team look forward to working closely with him as a true strategic partner in scaling our business and delivering on our shared vision for growth, resilience, and sustainable impact. His experience and insight will be invaluable as we move forward together. At the same time, I would like to offer my sincere gratitude to Tanwir for his years of dedicated service as CFO and we are pleased he is staying at ASA International and wish him well in his new role."