More specifically, we believe BDCs, such as AINV, are well-positioned to evolve in the current environment to become private market debt solution providers. Historically, we have a been almost singularly focused on providing acquisition finance as financial sponsors. We need to broaden our product across the capital structure. And in order to capitalize on this opportunity, we are methodically working to broaden our portfolio and then turn our product offering to provide a wider array of proprietary debt solutions and we are also striving to enhance our proprietary origination efforts. Eileen will elaborate on this point during her remarks.
Given the opportunities that we believe are available to us in the broad financial services landscape, the board has decided to make several changes with respect to AINV's senior management, our dividend and capital base.
Turning first to senior management changes, in addition to my role as CEO, effective immediately, I will serve as the company's interim President and interim Chief Investment Officer for Apollo Investment Management. As you may have seen this morning in this morning's press release, we are very pleased that Ted Goldthorpe, who spent his entire career at Goldman Sachs, has agreed to join AINV as President and Chief Investment Officer of our investment manager. He is expected to join in the next 90 days. We are confident that Ted will play a significant role in enabling us to expand our proprietary origination footprint and execute our strategic goals. We believe that his extensive background and expertise in a variety of private debt capital market situations, Ted is particularly qualified to take on investment leadership role at AINV.
This morning, we also announced the management change at the CFO level at AINV. Gene Donnelly, who's currently the CFO for Apollo Global Management has agreed to serve as AINV's interim CFO and Treasurer until a permanent replacement has been appointed by the board, which we expect will happen within the next week.Read the rest of this transcript for free on seekingalpha.com