Edinburgh firm JB Equity has appointed a new group chief executive officer, Daniël Bor (Bor) Boer, former senior banker at the global specialist food & agribusiness lender, Rabobank.
Appointed Group CEO and Partner, Mr Boer will oversee JB Equity’s growth and expansion of new projects in Asia, Europe and Latin America.
JB Equity chairman Martin Hjorth-Jensen said he was pleased to see Mr Boer join the team, bringing more than 15 years’ extensive expertise in agricultural lending, capital structuring, corporate finance and capital markets.
“Bor’s experience in managing large-scale transactions in Europe and Asia, his in-depth knowledge of corporate finance, and vast global network will see Bor add immense value to JB Equity,” Mr Hjorth-Jensen said.
“We welcome him to the team with great enthusiasm and look forward to his input operationally and strategically.”
Mr Boer joined Rabobank International in 2003 in Tokyo, Japan, then transitioned into various roles with the bank’s vendor finance arm, De Lage Landen, developing the infrastructure and supporting the commercial roll out in various Asian jurisdictions including China, Hong Kong, Singapore, Japan and Korea.
In later roles with Rabobank International, Mr Boer oversaw Rabobank China’s international wholesale client portfolio including subsidiaries of European and American food & agri multinationals and small to medium enterprises. Mr Boer has worked on various bilateral and syndicated lending transactions in size ranging from EUR 20mln to EUR 2bln. His most recent positions include director Corporate Lending Wholesale Clients Rabobank Netherlands and director Capital Structuring Asia, Rabobank Netherlands and Hong Kong. He holds a Bachelor and Master in Economics, University of Amsterdam and also studied at Keio University, Tokyo, Japan and the Universidad de Empresas, Montevideo, Uruguay.
Mr Boer said he anticipates some exciting opportunities ahead in his new role at JB Equity.
“Off the back of macro trends, there is a lot happening in the agricultural investment space,” Mr Boer said.
“While the challenge to feed nine billion people in 2040 is enormous, its equally exciting because we are going to see more efficient food production leading to increased production gains. That requires a lot of investment and change.”
JB Equity is not a traditional firm, Mr Boer said.
“What is most attractive is that the team has a lot of operational experience – in order to make these investments work, you need hands-on expertise. You don’t see that a lot in traditional firms,” he said.
“There are a lot of private equity companies who do the buying of agricultural assets but what they tend to lack is that operational know-how in their organisational structure. It needs a balance of financial and operational capabilities.”