Panel 1 - The Future of Private Investment in Fragile States
By 2030, 80% of the world’s extreme poor will be living in ‘fragile’ states. Private investment will likely play an increasingly important role in the contexts and, if wielded correctly, could prove instrumental in helping deliver the UN Sustainable Development Goals. Our first panel, The Future of Private Investment in Fragile States, will discuss the potential for increasing private investment and financial innovation, as well as how private investment can best be leveraged to help confront the security and development challenges in the context of fragile states. It will investigate whether such investment can foster sustainable and inclusive development, how individuals living in fragile states can be financially empowered, whether private capital can be strategically deployed to help foster stability and peace, and the role of financial innovations such as ‘impact investments’ in delivering such outcomes.
Tue Sando (Chair)
General Counsel and Partner, Gemcorp
Dr. Mina Toksoz
Associate Fellow, Global Economy and Finance, Chatham House
Head of Programmes, Hand in Hand International
Evaluations Manager, Private Infrastructure Development Group
Visiting Professor in Practice, London School of Economics. Former CEO, Promigas
Tue Sando is General Counsel and Partner of the emerging markets investment fund and commodities house, Gemcorp Capital. He has over 20 years of banking law experience of which he has spent the past 10 years focusing almost exclusively on emerging markets. This has given him a unique insight into private sector investments in Sub-Saharan Africa, Eastern Europe and Russia. Prior to joining the hedge fund world in 2008, Tue Sando worked at Merrill Lynch. In addition to his responsibilities at Gemcorp, he currently studies for an MA in Conflict, Security and Development at King’s College London
Dr. Mina Toksoz is Associate Fellow in Global Economy and Finance at Chatham House. An emerging markets and country risk consultant, she has 15 years’ experience in investment banking, most recently as head of Country Risk at Standard Bank International. Prior to this she worked for The Economist Group’s EIU, as editorial director of Europe and the Middle East reports, and as manager of the Country Risk service. She is currently an independent director on the supervisory board of the EIU Country Risk Service and a visiting lecturer at the University of Manchester Business School.
Amalia Johnsson is currently Head of Programmes at Hand in Hand International, a job and business creation NGO. She was previously Head of Financial Sector Development at Nathan Associates where she worked on expanding access to financial services in fragile contexts, specialising primarily in rural and agricultural finance, MSME finance and capital markets. Before this Amalia worked as Corporate Partnerships and Microfinance Programmes Manager at Plan UK and as Policy Advisor to OECD’s Development Centre.
Joe Shamash leads on evaluating the impact of PIDG investments in infrastructure projects in some of the world’s poorest and most fragile countries. PIDG is a multi-donor public-private organisation that seeks to combat poverty through pioneering infrastructure to help economies grow and change people’s lives. Prior to joining PIDG he was Director of development consultancy Span DC previous to which he worked in DFID's Impact Programme - a £100 million initiative designed to develop impact investment markets in Sub Saharan Africa and South Asia. Joe has over a decade of experience in international development and holds an MSc in International Business and Development from Birkbeck, University of London.
As CEO of Promigas - one of Colombia's largest natural gas firms - from 1992-2018, Antonio has been an influential figure in the financial and industrial sectors of Colombia for 30 years and has been an important voice on issues of regional development, regulation and competitivity, technology innovation and corporate social responsibility, especially through his role as Chair of the National Competitiveness Council. Antonio has also been the President of the Board for Empresarios por la Educación (Entrepreneurs for Education) for six consecutive years and has an extensive record of delivering economic, social and cultural services to deprived groups. Antonio was recently awarded the Order of Boyacá, the highest distinction awarded by the Republic of Colombia to its citizens. Antonio played a key role in galvanising private sector support for Colombia’s historic peace agreement, using his prominence in the private sector – and through positions with prominent think tanks – to advocate for business people and corporations to transcend traditional expectations of their role in society. Antonio’s experience of the peace process from a private perspective is particularly relevant to the Centre’s Europe-Latin America Network on Violence, Security and Peace, working to generate research-based knowledge of the crisis of violence and security in Latin America. In his capacity as Visiting Professor in Practice at LSE, Antonio extends his practice-based knowledge of regional development and institutional change through a research project examining the effectiveness of the state to respond to citizens’ needs and to enact more egalitarian policies, with a focus on showing how state-business relations can improve conditions for people of the Caribe region of Colombia