MISSION AND VISION

Our mission is to improve the lives of our ultimate customers at the Bottom of the Pyramid by providing demand-driven commercial capital and appropriate advisory solutions to create and scale profitable businesses with exemplary financial, social, and environmental impact.
Our vision is to make social investments an accepted asset class for commercial investors, thereby unleashing appropriate capital to grow profitable, responsible businesses that improve the lives of our ultimate low-income customers.

OUR TEAM

ABOUT US

Asad Mahmood

CEO & Managing Partner – USA

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One of the longest serving investors and fund managers in the impact investing industry. Formerly the Managing Director for Global Social Investment Funds for 17 years at Deutsche Bank, where he led the development of the bank’s social fund management business and created 10 funds with his team that were pioneering and introduced new funding structures to the social finance industry. Mahmood oversaw disbursement of more than $1.5 billion dollars to socially motivated enterprises and experienced less than half percent of historic losses.

  • Founding board member of the MIX Market, the information backbone of the microfinance industry
  • Member of advisor committee on social investment for the World Economic Forum
  • Member of steering committee for the Smart Campaign
  • Member of the New York advisory board of the Enterprise Community Partners, one the largest impact investors in the US
  • Member of the Global Off-Grid Lighting Association (GOGLA) steering committee to establish uniform financial definitions for the solar industry
  • Frequent speaker at industry conferences and events, and presented at the Off-Grid Lighting Conference and Exhibition, Dubai, Oct 2015.
  • In April of 2008, Mahmood convened a group of 25 leading MFI network CEOs to draft the Pocantico Declaration, which was a catalyst for the Smart Campaign, a worldwide initiative aimed at establishing a set of seven “do no harm” principles ensuring client protection in the microfinance market.  Over 1200 MFIs have endorsed the principles worldwide as of 2013.
  • Made a standardized social scorecard beginning in 2010 to assess the ethics and effectiveness of the MFIs for Deutsche Bank, and it has since been replicated by other capital providers to MFIs. The adoption of these metrics marked a renewed sector-wide commitment to ensuring that mission is not undermined by the push for profitability.  The social scorecard has been adapted to sectors outside of microfinance.

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ABOUT US

Michael Rauenhorst

Managing Partner – USA

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Michael has developed social investment enterprises for large corporations and specialized private investment firms.  At Moody’s Corporation he obtained executive buy-in to launch a non-traditional social rating product assessing the social performance risk of institutions and investments and built a global platform to deliver the product in over 100 countries.  He managed business relationships for the Social Performance Assessment with development banks, foundations, investors, microfinance networks and institutions, and regulators, and secured 24 social assessments after launching the product in 2013.  He served as Analyst for Moody’s Social Performance Assessments and as Committee Member for 12 Social Performance Assessments.

  • Michael is a frequent guest speaker on impact investing and social performance, including: 2013 Microcredit Summit, 2014 Campden Family Office Conference, 2014 European Microfinance Week, 2014 MFIN India Roundtable, 2014 Microfinance Center Annual Conference, 2014 Inclusive Finance India, and 2015 InterAction Forum.
  • Michael is co-founder of Micro Credit Limited, Jamaica, recognized at the Citi-CMEF Caribbean Microfinance Awards 2015 for Responsible Microfinance, 2015.
  • He serves on the board of a family office and has managed family office and Program Related Investments in microfinance, technology and low-income housing.
  • Managing Director and Senior Investment Officer for Minlam Microfinance Fund ($49 mm microfinance investment fund, 2007 – 2009)
  • Senior Consultant for Deutsche Bank Social Investments, (originated over $150 million in microfinance investments,  co-launched 3 microfinance funds, 2000- 2007)
  • Board member: Deutsche Bank Microfinance Development Fund (2008 – present)
  • Board member: Stichting Social Investment, Holding company for funds managed by the Deutsche Bank Global Social Investments  (2014 – present),
  • Member of Social Performance Task Force Indicators Committee (2012 – present)
  • Completed SMART Campaign Assessor Training 2012
  • Presenter at Social Performance Assessment Training, Microfinance Center Conference, Tblisi Georgia, 2013
  • Board member: FADICA (network of 50 charitable foundations, 2005 – present)
  • Board member: Microlumbia (Columbia University affiliated microfinance fund, 2007-present)
  • Board member: Opus Prize Foundation, ($1mm prize to social entrepreneurs, 2007-2014)

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ABOUT US

Xavier Pierluca

Managing Partner – Europe

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Xavier Pierluca is an investment professional with 20 years’ experience, 12 of which are in the field of impact investing managing both private equity and debt funds.

Xavier was more recently the Chief Investment Officer of Financial Services for Bamboo Finance. He had joined Bamboo Finance in 2007 as an investment manager covering Latin America, developing the investment strategy for that region prior to becoming the Chief Investment Officer in 2012, in charge of monitoring and fund divestment leading a team of 11 investment professionals based in Bogota, Nairobi, Singapore and Geneva.

Xavier structured complex investment and divestment transactions involving co-investors and several counterparties, family offices, Development Finance Institutions, Private Equity Fund and NGOs. With his team, he supported the transformation in regulated banks of five microfinance companies in diverse geographies.

He lately had designed the strategy of the Bamboo Financial Inclusion Fund II, targeting microfinance / SME banks and Fintech companies including mobile payments/remittances, correspondent banking and peer-to-peer lending. He raised the fund in 2015 allocating a third of it prior to joining SIMA.

Previously, Xavier worked for the Deutsche Bank Microfinance Investment Funds with Asad and Michael. He played a central role in arranging senior and subordinated/mezzanine financings in several countries, and structured several funds in targeting microfinance and eye care companies. Prior to that, Xavier worked for five years as management consultant for Deloitte Consulting and Ernst and Young Corporate Finance in the United States and in France. He specialized in mergers & acquisitions and access to financing facilitation for mid-cap companies.

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ABOUT US

Erin Davis

Vice President – USA

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Prior to helping launch SIMA, Erin was an Investment Officer at FINCA International in the Social Enterprise and Financial Innovation department where she collaborated with a team to develop FINCA’s engagement in the social enterprise sector.

Erin earned a dual degree MBA (Finance) and MA (International Development) at American University. As a Tinker-Walker Fellow for AU’s School of International Service, Erin traveled to the Kingdom of Tonga to work with South Pacific Business Development (SPBD), the largest microfinance network in the South Pacific. While there, Erin assessed SPBD’s social impact performance as well as their systems for impact measurement. She also helped prepare the institution for SMART Campaign certification.

Erin earned her BA (Hispanic Studies) while pursuing Pre-Medical studies at Wheaton College in Massachusetts. Upon graduation, Erin continued her medical pursuit working in a renowned brain cancer laboratory at Dana-Farber Cancer Institute in Boston, Massachusetts where she screened brain tumor therapies for pre-clinical studies.

As a former two-time NSCAA All American, Erin is still an avid soccer player and fan. Erin is also a curious experimental chef, devoted family member, and lover of languages.

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ABOUT US

Brian McConnell

Vice President – Africa Region

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Brian is based in Nairobi, Kenya and is an expert in evaluating financial institutions serving low income clients including leading microfinance institutions (MFIs), banks, payroll lenders, and fintech companies. From 2012-2016, Brian conducted 28 financial ratings/assessments, 11 social ratings/assessments, 7 client protection certifications/assessments, as well as other specialized evaluations globally, with a focus on sub-Saharan Africa (SSA). Brian has led business development efforts and developed business relationships across SSA.

  • In 2015, as Regional Manager – Africa at Micro-Credit Ratings International Limited (M-CRIL), Brian led regional efforts to expand work in Africa generating 15 missions spanning 13 countries.
  • In 2013-2014, as Senior Analyst – Representative for Eastern and Southern Africa at Planet Rating, Brian Co-led/Led financial and social ratings of top MFIs in Africa and Asia including PML Uganda and HKL Cambodia.
  • Brian has been a panelist and speaker at regional events including the 2013 African Microfinance Week in Arusha, Tanzania.
  • Previously, Brian also worked at the World Bank, analyzing and publishing research on access to finance, as well as MicroVest developing, managing and reporting on investments in MFIs.
  • Brian served as a Peace Corp Volunteer from 2000-2002, in Ivory Coast, West Africa and is conversant in French.
  • Brian has an MBA (Finance) from American University, Kogod School of Business, and a BA (Economics) from Kenyon College.

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ABOUT US

Samuel Malaki

Vice President – Africa Region

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Samuel is based in Nairobi, Kenya. Prior to joining SIMA, Samuel was the Director of Finance and Administration at Nuru Energy, a renewable energy social enterprise with operations across East Africa. This role not only gave him extensive knowledge of financial and tax planning, but also of the African solar market.  He has prior experience in fleet management and credit control.

Samuel has an MBA from the University of Derby and is a Certified Public Accountant.  Samuel is a committed Rotary member, who is passionate about giving back to his community.

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ABOUT US

Faiq Sattar Kahn

Vice President – South Asia Region

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Faiq Sattar Khan is a Finance professional with a strong background in credit analysis, business planning and Shariah compliant product development & management.

  • Faiq worked as Business Planning Manager (BPM) and later as Product Manager (PM) at Habib Bank Limited-Islamic Banking (HBL-IB), Karachi, Pakistan. As BPM, Faiq helped developing a target oriented growth strategy for all assets and liabilities products of HBL-Islamic Banking. He also helped in designing the long term strategic framework for HBL-IB to retain its position as the second largest Islamic Bank. As PM, he managed end-to-end launch of HBL-Car Ijarah product and managed the product to gain a sizeable portfolio nationwide within six months of its launch.

 

  • He also worked as Credit Analyst at JCR-VIS Credit Rating Company Limited, Karachi, Pakistan. His work scope comprises of end to end risk evaluation of some of the largest institutions of the country. His work scope includes but not limited to financial statement analysis, sector research, internal control systems evaluation, management quality assessment, credit risk scoring, conducting due diligence, participating in the management meetings, presenting the case to the rating committee members, writing the report and press release. He completed three client protection assessment and over twenty rating assignments across a range of sectors that comprises of commercial banks, investment banks, microfinance banks, asset managers, securities firms and industrial corporates.
  • He also served as Assistant Production Manager at Dewan Farooque Spinning Mills (Pvt.) Limited, Lahore, Pakistan. Faiq was responsible for production chain operations for six departments with 500 production employees.
  • He has an MBA from Institute of Business Administration, Karachi, Pakistan and also holds a Textile engineer degree from National Textile University, Faisalabad, Pakistan.

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ABOUT US

Alec Kamra

Investment Officer – USA

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  • Based in NYC
  • Alec studied Engineering and Computer Science at the University of California, Santa Barbara.
  • Prior to joining SIMA, he worked as a product manager in a few different startups based in Silicon Valley.
  • He has also spent time volunteering in East Africa.

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ABOUT US

Syeda Ramsha Rizvi

Investment Analyst – SOUTH ASIA REGION

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  • Based in Karachi, Pakistan
  • Degree in Accounting and Finance from Institute of Business Administration, Karachi.
  • Ramsha has worked with Fifth Third Bank (USA) and Bahria Town Karachi
  • She has also worked on projects related to various social initiatives in Pakistan and USA. She also loves to travel and learn about different cultures.

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ABOUT US

Maryam Memon

Investment Analyst – SOUTH ASIA REGION

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Based in Karachi, Pakistan

Maryam completed her MBA from Sabanci University, Istanbul, Turkey in July 2017. She is currently a CFA Level – III Candidate.

Additionally, Maryam has received training on ‘Financial Modeling’ from Copenhagen Business School, Denmark. She also attended summer program on Comparative Public Policy at University of Massachusetts, Amherst, USA.

Previously, she worked for a year at Shajar Capital Pvt Ltd as an Investment Analyst. She also worked as a social volunteer for a UNICEF and WHO sponsored flood relief program. Recently, Maryam got the opportunity to work as a Financial Engineering intern at ZEK.AI – a robo-advisory startup firm in Istanbul, Turkey.

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ABOUT US

Fatima Hafeez

Education Consultant – South Asia Region

[expand title=”more info“] Fatima is a Researcher based in Pakistan with strong back ground in designing research tools, conducting primary research, data analysis and report writing.

Fatima has worked as Research Assistant (RA) and later as Research Fellow at Institute of Business Administration (IBA), Karachi, Pakistan. As RA, Fatima was responsible for developing Survey tools, specific to the industries, for measuring the effect of Fiscal Policies on the industries. As Research Fellow, she analysed the Demand and Potentials of Islamic Finance in Pakistan by conducting a primary research and analysing existing data. The analysis is published as a Chapter, Islamic Finance Demand and Potentials, in Pakistan’s Islamic Finance Country Report. The report was written by the mutual efforts of Thomson Reuters, Islamic Research Training Institute and IBA-Centre of Excellence in Islamic Finance.

She also worked as Consultant to Zindagi Trust, Karachi, Pakistan. Her scope of work comprises of Monitoring and Evaluation of a Public-Private-Partnership programs. She conducted socio economic survey, to create a set of control variables, and academic tests, to measure the change in learning outcomes. She compared the learning outcomes among public and private schools, and proposed Public-Private-Partnership programs as a solution to safeguard the deteriorating educational conditions in Pakistan. The analysis is published as Research Paper, Impact of Public-Private-Partnership Programs on Students Learning Outcomes: Evidence from a Quasi-Experiment, in Pakistan Development Review.

She also worked on research topics of gender inequality in education, financial inclusion, financial literacy, labour economics and various other social and development issues.

She has MS (Economics) from Institute of Business Administration, Karachi, Pakistan and also holds MBA and Bachelors in Commerce from University of Karachi, Pakistan.

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ABOUT US

Julie Harris

Consultant, Impact Investing

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Innovative, socially motivated, senior executive with over 20 years experience working at large multi-national corporations, financial institutions as well as small entrepreneurial enterprises. Exceptionally skilled in the design and implementation of business and financial strategies. Successful leader of cross-functional internal and external teams formed to achieve specific objectives and capitalize on market opportunities. Problem solver with strong organizational skills with a focus on developing self-sustaining community oriented organizations.

  • Investment consultant for securitization
  • Blue Orchard, Geneva, Switzerland: Member of the credit committee; review and opine on credit offerings presented for investment.
  • Urban Homesteading Assistance Board, New York, NY: Chief Financial Officer – responsible for all aspects of running the fiscal office of a multi-million dollar non-profit organization, Instituted a strategic planning process to assess all initiatives with a view toward the organization’s mission of developing and supporting low-income housing.
  • Consultative Group To Assist The Poor, Washington, DC: Created disclosure guidelines and benchmark performance metrics (financial and social) for microfinance investment vehicles to improve transparency and promote international investment
  • Grameen Foundation USA, Washington, DC: Developed risk management system for Grameen’s financial products; Established the procedures and parameters for workout situations and coordinated workout activities.
  • The Rating Initiative, Luxembourg: Studied the development and use of social ratings products by investors and donors in the microfinance market.

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ABOUT US

Joe Fernandez

Consultant, Off-Grid Solar Sector

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Joseph Fernandez is the Founder and Executive Director of Trade Without Borders (TWB). TWB is a Social Enterprise whose mission is Sustainable Development Through Responsible and Inclusive Trade of Impact Products. Its primary focus is on clean energy solutions for underserved markets through its Solageo online platform.  Among the products Solageo offers is a DC LED TV that Joseph helped to develop and launch in the market in 2013.  The TV was selected as a Finalist for the Global Leap Awards.  Solageo continues active R&D work on clean energy solutions for off-grid markets from its base of operations at the Hong Kong Science and Technology Park.

Joseph served for two years as a U.S. Peace Corps Volunteer in the Democratic Republic of the Congo.  After completing his MBA at Thunderbird, School of Global Management, Joseph relocated to Hong Kong over 18 years ago where he helped build  a start-up global trading services company that set up original manufacturing projects in the Far East, procured products on behalf of clients serving major global retailers, such as Wal-Mart and Tesco, and established distribution in the Asia-Pacific region and elsewhere for a diverse range of branded products shipping to major clients, such as Mitsukoshi in Japan, the Dairy Farm Group in Hong Kong and Bajaj Electricals in India.   

Joseph has served as an Adviser to a graduate student Energy & the Environment Workshop at Columbia University working on a proposal for an online clean energy products portal for E&Co.  He also served as an Expert Adviser to the Common Pitch 2011 winner, Bright Products, inventor of the Bell Solar Lamp.  More recently, Joseph was an invited Adviser to Engineering for Change (E4C) on development of their Solutions Library and also conducted a webinar for E4C on Global Supply Chains to the Developing World.  He was also a participant in the first White House Forum on Catalyzing Markets for Off-Grid Energy Access.  Joseph has been a member of several Working Groups of the UN Foundation’s Energy Access Practitioner Network, including on Supply Chain, and has served as a guest lecturer on Social Enterprise at the Hong Kong University of Science and Technology.  

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ABOUT US

Troy Berens

Consultant, Off-Grid Solar Sector

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Engineering Manager with 18 years overall experience in R&D and manufacturing of semiconductor and solar products

  • 4 patents, 7 patents pending, 10 contributions to literature
  • Worked for General Electric on $500+ million project to commercialize GE’s first thin film solar product
  • Worked for multiple start-up companies from ground level to pilot demonstration to factory expansion
  • Expert at building and developing technical teams and resources, managing programs, managing projects, managing engineering operations, developing products and processes
  • Skilled in product reliability, product testing, regulatory compliance, supplier development, reducing cost, manufacturing process control, increasing yield
  • Directed global cross-functional teams located within the US, Germany, China, and Taiwan

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Advisory Committee

ABOUT US
TROY BERENS
Engineering Manager with 18 years experience in R&D and manufacturing of semiconductor and solar products

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  • 4 patents, 7 patents pending, 10 contributions to literature
  • Worked for General Electric on $500+ million project to commercialize GE’s first thin film solar product
  • Worked for multiple start-up companies from ground level to pilot demonstration
    to factory expansion
  • Expert at building and developing technical teams and resources, managing programs, managing projects, managing engineering operations, developing products and processes
  • Skilled in product reliability, product testing, regulatory compliance, supplier development, reducing cost, manufacturing process control, increasing yield
  • Directed global cross-functional teams located within the US, Germany, China, and Taiwan [/expand]
ABOUT US
GEORGE ECONOMY
Senior Investment Banker & Seasoned Entrepreneur and Investor

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George Economy is Director of Amani Holdings LLC, Bainbridge Island, WA, a private investment fund. In this position, he manages the investment portfolio, which includes microfinance investments, and spearheads an initiative to develop and finance scalable, replicable models for community based social ventures in developing countries related to health, nutrition, agriculture/agribusiness, education, clean energy and safe water systems. He brings thirty-five years experience in international finance and entrepreneurial leadership in the technology and food sectors to his involvement with social ventures to achieve financial sustainability, scale, and/or integration into regional, national, and global supply chains.

Previously, he founded and was CEO of Helios Nutrition Ltd., Sauk Centre, MN, a producer of organic and specialty dairy products, including its flagship nationally distributed organic kefir beverage. He began his career with The Chase Manhattan Bank as a corporate investment banker to technology companies and credit officer in New York, Frankfurt, and London. Subsequently, he became a principal shareholder and executive of Payload Systems Inc., Cambridge, MA, an international manned spaceflight science + engineering firm involved in commercializing biomedical research developed by scientists at the Massachusetts Institute of Technology. He later worked as a principal with Matrix Capital, a strategic advisory firm specializing in developing and implementing corporate and financial strategies for early stage companies as well as corporate spin-offs in the technology and food industries for Hydro Quebec and Land O’Lakes, respectively.

George serves as an outside Board member of FINCA Microfinance Fund B.V., a $20+ million “blended value” loan fund that provides subordinated debt financing to seven affiliates of FINCA International to fund their microfinance activities in developing countries; and Windhorse International Inc., a start-up venture founded by Paul Polak, founder of International Development Enterprises, and author of Out of Poverty and The Business Solution to Poverty. Windhorse commercializes radically affordable technologies for Base of the Pyramid populations. Its subsidiary, Spring Health India, now operates several hundred clean water kiosks in the state of Odisha, India. George is also working with FINCA International, a large microfinance institution, to develop loan products and partnership programs that serve global social enterprises and their suppliers + customers. Previously, he served as board member of World Food Program USA, the U.S. advocate for the UN World Food Programme, the largest food aid organization in the world.

George has been a mentor for social venture participants in the Santa Clara University- Miller Center for Social Entrepreneurship Global Social Benefit Incubator (GSBI) social venture online and accelerator programs.

George graduated in 1978 from McGill University, Montreal, Canada, with a B.A. (First Class Honours) in History of Science.

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ABOUT US
HANS MICHAEL HOLZ
Former Global Head of CSR, Deutsche Bank; former chair of UNEP-FI;  former member of board of directors of GRI
ABOUT US
FREDERIC OTTESEN
Senior Executive, Storebrand

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Frederic was born and raised in Bergen, on the windy and rainy west coast of Norway. After a year at St Olaf College in Minnesota, and graduating with an MBA in Corporate Finance from the Norwegian School of Economics and Business Administration, his career started  in 1985 with the then newly formed consulting business og PWC, before moving on to funds management at Carnegie and later a career within McKinseys European Banking and Insurance Practise. Frederic has also qualified as a European CFA.

Since 1997 Frederic has served on a variety of leading positions at the Norwegian and Swedish pension and insurance company Storebrand, including several years in charge of and developing strategic, dynamic risk management for the 40bn USD life guaranteed investment portfolio. Due to Storebrands strong commitments to sustainable development and sustainable investing Frederic spearheaded the group’s first microfinance investments from 2005 onwards. During this period Storebrand built extensive knowledge in this asset class.

Frederic now serves as Chief Customer Officer to the group in a newly launched program for strengthening the understanding of customer journeys, service design and all the capabilities needed to succeed in an occupational pensions market changing from defined benefit to defined contributions.

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ABOUT US
JOE POLIZZOTTO
Former General Counsel, Deutsche Bank, Americas (Invited)
ABOUT US
RICHENDA VAN LEEUWEN
Former Executive Director, Energy and Climate, Energy Access, United Nations Foundation

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Richenda Van Leeuwen leads the work on energy access at the United Nations Foundation. She founded and leads the work of the Energy Access Practitioner Network, and also works on the Secretary-General’s Sustainable Energy for All initiative. She has more than 20 years of executive experience in emerging markets development across a range of international organizations and in the private sector as well as with a range of non-profits.

Immediately prior to joining the Foundation, she spent a number of years in global private equity focusing on commercial renewable energy investment in emerging markets with the investment firm Good Energies. She also supported a range of energy access and climate change mitigation and adaptation projects around the world as a founding trustee of the Good Energies Foundation.

From 2001 to 2005, Richenda was the executive director of the Trickle Up Program in New York, which focused on micro-enterprise development in developing countries among the extreme poor. She is a frequent international speaker on energy access as well as gender development and poverty alleviation. She holds both a B.S. in Geography and an MBA from the University of Durham, UK.

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ABOUT US
MIRA INBAR
Director of Strategy, NRG Energy

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In her role as Director of Strategy at NRG Energy, Mira focuses on identifying and pursuing new market opportunities for NRG in the large-scale renewables market. Before joining NRG, she managed her own consulting practice, working to bring environmental technologies to market. These ranged from leading the business development for an early-stage advanced materials start-up to brokering, negotiating and closing a 200 MW wind Power Purchase Agreement. She also served in sustainability-oriented positions for several years with Dow Chemical in both the U.S. and abroad and launched Dow’s lithium-ion battery business. Prior to working in the business world, Mira led conservation projects in Africa.  Mira holds a BA degree in Biology from Oberlin College and an MBA from the University of California, Berkley – Walter A. Haas School of Business. She speaks Spanish, Portuguese, and Hebrew.

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ABOUT US
RICHARD WILCOX
Former CEO of Unitrust Bank, London

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Richard formally retired from his role as Chief Executive Officer of Unity Trust Bank in 2015, since when he has taken up a role as consultant and adviser to various organisations involved in the UK social economy.

Unity Trust Bank was established in 1984 as a joint venture between the Co-operative Bank and the major UK Trades Unions to act as banker and funder to social businesses, and is the leading provider of banking services, not only to the Trades Union movement but also to the UK credit unions and Community Development Finance Associations (“CDFIs”).

Richard was involved with Unity in the early days of its mission, as a secondee from the Co-operative Bank, returning in 2011 as CEO. He led the Bank towards full regulatory independence, whilst still maintaining its founding social principles. During his tenure the Bank created its own ESOP, became the first UK financial services organisation to be accredited as a living wage employer, and became a pioneer of the Fair Tax accreditation scheme.

Richards’s career in the Co-operative Bank culminated in him establishing a dedicated social banking unit, which became the UK’s leading provider of funding to the community renewables energy industry. Richard also created a $50m microfinance fund, the first of its kind in the UK. In 2010, the Co-operative Bank was voted the World’s most sustainable bank.

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ABOUT US
DR. ULRICH SCHÜRENKRÄMER
Managing Partner, Machlaan & Cie., Munich, Germany

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Dr. Ulrich Schürenkrämer is a Managing Partner of Machlaan & Cie., Munich, a family company engaged in consulting, capital investments, culture and charity.

Until July 2016, Dr. Schürenkrämer worked 18 years for Deutsche Bank AG, most recently as Member of the Management Committee Germany and Regional Head South (Germany), Deutsche Bank AG, Munich. From 1998 to 2006, he held senior management positions in Corporate Banking in Bavaria and was responsible from 2007 to 2013 for the MidCaps Divison in Germany.

Prior to joining Deutsche Bank in July 1998, Dr. Schürenkrämer worked for 15 years for Bayerische Hypotheken- und Wechsel-Bank AG, Munich, at last as Managing Director of the Corporate Banking Division. Before 1994, he held various managing responsibilities in the International Department, at New York Branch and in different locations in Germany.

Dr. Schürenkrämer is a board member of several organizations dealing with culture and education. He holds a Master degree (Dipl. Kfm.) and Ph.D. in economics (Dr. oec. publ.) from Ludwig-Maximilians-University Munich.

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Board of Directors

ABOUT US
Deepak Kamra

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Deepak has been with Canaan Partners for 25 years, focusing on investments in software and marketplaces. He led Canaan’s early investment in DoubleClick (DCLK), the Internet’s first and leading online advertising solution, as well as our investments in Acme Packet (APKT), a leading network security company, Skybox Imaging (acquired by GOOG),a micro-satellite company, SuccessFactors, (SFSF), a pioneering cloud software company, and Match.com(MTCH) the world’s largest online dating service.

Prior to joining Canaan, he was part of the startup team at Aspect Communications, a pioneer in call center software, where he helped lead the company to a successful IPO in 1990. Today the company is called Aspect Software and employs over 2000 people. Prior to Aspect, Deepak held strategic roles at ROLM Corp. and TRW Datacomm International. Deepak received a BA from Carleton University and an MBA from Harvard Business School. He was included on the Forbes Midas List in 2008 and 2009. He was a member of the board of the National Venture Capital Association from 2008 to 2012.

Deepak has been an early supporter and active advocate of the microfinance industry since the late 90’s. Over the last decade he has helped the microfinance industry move from a small donor-based charity towards a self-sustaining, commercially backed industry which can scale to help billions instead of a few. As part of this effort he has been an investor and/or advisor to NGO’s and commercial entities including Opportunity International, Unitus, Grassroots and Blue Orchard. Since 2005, Deepak has been Chairman of the Investment Committee and a member of the Board of the Global Commercial Microfinance Consortium, an $85 million fund sponsored by Deutsche Bank to invest in microfinance institutions. This fund was the first of its kind and counts companies like Cisco, Merrill Lynch and Hewlett Packard as investors, as well as the US, British and French government development agencies. He currently serves on the Investment Committee of the follow-on fund to this effort, the Global Commercial Microfinance Consortium II. From 2009 to 2014 he served on the Board of the Finca Microfinance Fund, which is a securitized debt vehicle for investment in approximately a dozen worldwide MFI’s.

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ABOUT US
Tim Geisse

[expand title=”more info“] Timothy F. Geisse is a retired attorney living in Cleveland, Ohio, and the Managing Trustee of The John F. and Mary A. Geisse Foundation, a private foundation devoted to helping extremely poor people improve their lives and work their way out of poverty.  The Foundation has been investing in microfinance since 1996.  Tim has served on the President’s Council of ACCION International, the Board of Governors of Opportunity International and the Board of Directors of the Global Commercial Microfinance Consortium.   Tim is married with two adult children and four grandchildren.

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ABOUT US
Asad Mahmood

[expand title=”more info“]One of the longest serving investors and fund managers in the impact investing industry. Formerly the Managing Director for Global Social Investment Funds for 17 years at Deutsche Bank, where he led the development of the bank’s social fund management business and created 10 funds with his team that were pioneering and introduced new funding structures to the social finance industry. Mahmood oversaw disbursement of more than $1.5 billion dollars to socially motivated enterprises and experienced less than half percent of historic losses.

  • Founding board member of the MIX Market, the information backbone of the microfinance industry
  • Member of advisor committee on social investment for the World Economic Forum
  • Member of steering committee for the Smart Campaign
  • Member of the New York advisory board of the Enterprise Community Partners, one the largest impact investors in the US
  • Member of the Global Off-Grid Lighting Association (GOGLA) steering committee to establish uniform financial definitions for the solar industry
  • Frequent speaker at industry conferences and events, and presented at the Off-Grid Lighting Conference and Exhibition, Dubai, Oct 2015.
  • In April of 2008, Mahmood convened a group of 25 leading MFI network CEOs to draft the Pocantico Declaration, which was a catalyst for the Smart Campaign, a worldwide initiative aimed at establishing a set of seven “do no harm” principles ensuring client protection in the microfinance market.  Over 1200 MFIs have endorsed the principles worldwide as of 2013.
  • Made a standardized social scorecard beginning in 2010 to assess the ethics and effectiveness of the MFIs for Deutsche Bank, and it has since been replicated by other capital providers to MFIs. The adoption of these metrics marked a renewed sector-wide commitment to ensuring that mission is not undermined by the push for profitability.  The social scorecard has been adapted to sectors outside of microfinance.

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ABOUT US
Mohamed H. Zakaria

[expand title=”more info“]Mr. Mohamed H. Zakaria is CEO & General Manager of Saudi Steel Profile Co since 2007. Mr. Zakaria brings 42 years of financial and industrial experience. He has been in the region for 42 years in various senior management positions. His business experience covers trading, structured financing, industries, corporate finance, real estate and global asset (bonds & equities) management. Mr. Zakaria has worked extensively on a variety of projects in partnership with multilateral organizations and Government bodies. He has prepared innumerable reports, feasibility reports, surveys and recommendations covering a variety of subjects including corporate governance; competitiveness capacity building. He has written countless articles in Arab News, Saudi Arabia’s Leading English language daily, The News and Time Magazine in letters to the Editors columns. [/expand]

ABOUT US
Mohsin Mujtaba

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Mr. Mujtaba is Director of Products and Market Development at Qatar Stock Exchange (QSE) where he is leading new initiatives to position QSE as multi-asset platform of global significance. He is currently focused on developing new products such as ETFs and REITs to realize this vision. He also works closely with market participants and regulators to develop market structure components like securities lending and borrowing, market making and margin trading. He played in instrumental role in achieving Emerging Markets status for Qatar by MSCI. He also spearheaded the launch of secondary market for treasury bills and government bonds at QSE. Prior to this role, he was Executive Advisor to the CEO and played an instrumental role in defining the exchange strategy that led to a strategic partnership between the State of Qatar and NYSE Euronext in 2009.
 
Before joining QSE Mr. Mujtaba was Chief Systems Architect at Wavetech where he was responsible for delivering customer centric solutions and advising capital markets industry in Pakistan and GCC region.
 
Mr. Mujtaba works closely with asset managers to develop ideas and products to develop investment solutions. He takes pride in learning the most from his customers. He holds a MS degree in Computer Sciences and B.E in Mechanical Engineering. [/expand]

ABOUT US
Michael Rauenhorst

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Michael has developed social investment enterprises for large corporations and specialized private investment firms.  At Moody’s Corporation he obtained executive buy-in to launch a non-traditional social rating product assessing the social performance risk of institutions and investments and built a global platform to deliver the product in over 100 countries.  He managed business relationships for the Social Performance Assessment with development banks, foundations, investors, microfinance networks and institutions, and regulators, and secured 24 social assessments after launching the product in 2013.  He served as Analyst for Moody’s Social Performance Assessments and as Committee Member for 12 Social Performance Assessments.

  • Michael is a frequent guest speaker on impact investing and social performance, including: 2013 Microcredit Summit, 2014 Campden Family Office Conference, 2014 European Microfinance Week, 2014 MFIN India Roundtable, 2014 Microfinance Center Annual Conference, 2014 Inclusive Finance India, and 2015 InterAction Forum.
  • Michael is co-founder of Micro Credit Limited, Jamaica, recognized at the Citi-CMEF Caribbean Microfinance Awards 2015 for Responsible Microfinance, 2015.
  • He serves on the board of a family office and has managed family office and Program Related Investments in microfinance, technology and low-income housing.
  • Managing Director and Senior Investment Officer for Minlam Microfinance Fund ($49 mm microfinance investment fund, 2007 – 2009)
  • Senior Consultant for Deutsche Bank Social Investments, (originated over $150 million in microfinance investments,  co-launched 3 microfinance funds, 2000- 2007)
  • Board member: Deutsche Bank Microfinance Development Fund (2008 – present)
  • Board member: Stichting Social Investment, Holding company for funds managed by the Deutsche Bank Global Social Investments  (2014 – present),
  • Member of Social Performance Task Force Indicators Committee (2012 – present)
  • Completed SMART Campaign Assessor Training 2012
  • Presenter at Social Performance Assessment Training, Microfinance Center Conference, Tblisi Georgia, 2013
  • Board member: FADICA (network of 50 charitable foundations, 2005 – present)
  • Board member: Microlumbia (Columbia University affiliated microfinance fund, 2007-present)
  • Board member: Opus Prize Foundation, ($1mm prize to social entrepreneurs, 2007-2014)

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ABOUT US
Sadia Virk Rizvi

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Dr Saadia Virk started her medical career at Aga Khan University. She subsequently trained at St Mary’s Hospital, London and at Basingstoke General Hospital, North Hampshire. She is certified by the Europa-Kolleg Hamburg and Les Hopitaux Universitaires de Strasbourg for her laparoscopic skills and has participated in workshops for her subspecialty in laparoscopic surgery in Atlanta and with the American Federation of Obstetrics and Gynaecology. Her specialized training has been in In-Vitro Fertilisation (IVF), oncology, high-risk obstetrics, urogynaecology and laparoscopic surgery.

In addition to her medical practice, Dr Saadia also serves as the CEO and chairperson of the board of directors of South City Hospital. She built a consortium of doctors to buy it from its previous owners in 2005 after the closure of Mideast Medical Centre.

Dr Saadia set up the department of obstetrics and gynaecology at OMI Hospital in 1996, then at Mideast Medical Centre in 1998, where she remained till 2005. She renovated the old South City Hospital building and added a second phase with new construction.

It was here that she set up the department of obstetrics and gynaecology and assisted with the creation of the critical care units, surgery, cardiology and orthopaedics departments. Her key non-clinical strength, therefore, is hospital building and set-up.

She has a large practice at SCH along with her three associates, Dr Rukhsana Aslam, Dr Rizwana Shoaib and Dr Huma Rafiq. They provide one-to-one care for all their patients and also treat gynaecology patients coming to the hospital emergency room.[/expand]