Éric Beugnot trained as an economist and has spent his entire career at AFD since 1985. In the network, in Africa, the French overseas territories and Asia, he has prepared projects in AFD’s main sectors of operation (infrastructure, agriculture, the productive sector, local authorities, bank refinancing, health, vocational training…). He has also represented the SME development bank BDPME (formerly OSEO/BPI) and has been a Board Director of banking subsidiaries. At the Headquarters, he has been an analyst in the Corporate Assessment Division, where he developed the first rating method for banks, geographical coordinator for Tunisia and head of balance sheet management in the Financial Department. He was responsible for ensuring the balance between the institution’s financial uses and resources and implemented the reform of loan pricing in 2004, which diversified the scale and introduced revisable rates. He is currently head of financial risk monitoring.