The Government of Aruba, under the leadership of the Minister of Finance, Economic Affairs, and Primary Sector, Geoffrey B. Wever, has formalized the appointment of Mr. Michel Janssen as a member of the Board of Supervisory Directors (RvC) of Aruba Agri Development Company N.V. (AADC).
This appointment is a concrete step in the implementation of the principles of Good Governance and Corporate Governance, as stipulated in the AVP-FUTURO 2025–2028 Governance Program, in which the strengthening of the public sector and responsible governance occupy a central position in government policy.
The process culminating in this appointment followed a structured and transparent path. In September 2025, the official profile description (profielschets) for a member of the AADC Board was approved, moving ahead of the formal implementation of the Corporate Governance Code and in accordance with Aruba’s participation policy (deelnemingenbeleid).
Based on the approved profile, the vacancy was published in local media, resulting in 23 applications from professionals with diverse backgrounds. The Corporate Governance Implementation Team conducted an independent evaluation, leading to a formal recommendation of three candidates. After careful assessment and taking into account the strategic needs of AADC, the appointment of Michel Janssen was finalized.
“Good Governance is not an abstract concept. It is a concrete commitment to transparency, professionalism, and accountability. The process that led to the appointment of Mr. Janssen is a clear example of how the Government applies Corporate Governance principles in practice,” Minister Wever remarked.
AADC, established in March 2024, is a key instrument for stimulating the primary sector, including the development of an Agrifund, the strengthening of agricultural entrepreneurial initiatives, and the creation of an Agri Innovation Park. With the appointment of Mr. Janssen, the Government consolidates the supervisory structure of the company, ensuring that the Board has the necessary financial and strategic capacity to guide the sustainable development of AADC.
Mr. Michel Janssen holds an MBA and has extensive experience in finance at a senior level, serving since 2024 as Division Manager Finance at WEB Aruba N.V. Prior to this, he served as Head of Financial Planning & Analysis. His local and international background meets all requirements for the position.
The appointment also marks a significant step in the continuous professionalization of state-owned enterprises. By applying a formal profile description, independent evaluation, and merit-based selection, the Government sends a clear signal of stability, transparency, and institutional responsibility.