The Financial Times and the International Finance Corporation (IFC), a member of the World Bank Group, will hold a major global gathering of investors, business innovators, social entrepreneurs and other thought leaders ahead of the dinner in London honouring the winners of the annual FT/IFC Transformational Business Awards.
FT/IFC Transformational Business Conference and Awards Dinner 2018
Martin Wolf CBE
Samasource and LXMI
In line with the focus of the Awards, this fifth edition of the FT/IFC Transformational Business Conference will discuss the crucial role of the private sector in helping to meet objectives around climate change and the UN Sustainable Development Goals (SDGs), and the steps that need to be taken to achieve long-term, transformative impact.
Chaired by senior FT journalists, the 2018 conference will also look at how innovation and disruption are driving economic and social transformation in the developing world, and the next stage of the digital finance revolution.
This afternoon event will be a significant lead-up to the Transformational Business Awards dinner, which will honour those whose capital, technology and ideas are contributing to substantive progress in financing and developing low-carbon infrastructure, delivering healthcare and education, assuring food and water security, and generally transforming the development landscape.
2018 shortlist for transformational business awards
A total of 189 entries were received from 278 organisations involving projects in more than 126 countries.
Achievement in Transformational Infrastructure
- Chaldal Grocery Delivery Network, Bangladesh
- CleanMax Rooftop Solar for Tata Group, India
- Fluence Energy Storage Programme, US
- Nissan Energy Electric Vehicle Power Solutions, France
- Wecyclers Entrepreneurial Recycling Force, Nigeria
See summary of submissions here
Achievement in Transformational Infrastructure: Green Buildings
- Africa Building Partners Mother & Baby Unit, Ghana
- Capital House EcoHome Phuc Loi Project, Vietnam
- Morocco Green Mosques Programme
See summary of submissions here
Achievement in Transformational Finance
- Aihuishou Electronics Recycling Platform, China
- Alipay Financial Access Platform, China
- Climate Fund Managers Investor One Funds, Netherlands
- GuiaBolso Digital Personal Finance Hub, Brazil
- LuxEX Luxembourg Green Exchange
- MicroEnsure Global Products Platform, UK
- OASIS Loss Modelling Framework, UK
See summary of submissions here
Achievement in Sustainable Development: Food, Water and Land
- Connecterra Ida Dairy Farmers AI Assistant, Netherlands
- DCM Shriram Meetha Sona Sugarcane Programme, India
- eWATERpay IoT Pre-Payment Meters, UK
- SilverStreet Capital Poultry Value Chain Initiative, UK
- Stanley Black & Decker Clean Tech Pump, US
- SunCulture RainMaker Irrigation System, Kenya
- Twiga Foods B2B Marketplace, Kenya
See summary of submissions here
Achievement in Sustainable Development: Health, Wellness and Disease Prevention
- hearScreen Healthy Hearing Solution, South Africa
- JokkoSanté eHealth Loyalty Programme, Senegal
- Khushi Baby Maternal and Infant Digital Health Initiative, US
- Lifetrack Medical Imaging Platform, Philippines
- Logistimo eVin Vaccine Supply Chain Management, India
- Novartis Access NCDs Affordable Treatment Programme, US
- Telenor Health Tonic Ecosystem, Bangladesh
See summary of submissions here
Achievement in Sustainable Development: Education, Knowledge and Skiils
- Alqueria Education Quality Programme, Colombia
- Andela Talent Ecosystem, US
- Beyond Water Entrepreneurship Capacity Building Programme, UK
- GE-Tata Trusts Healthcare Skills Programme, India
- Genius Plaza Digital Education Platform, US
- PUJ Academic Innovation Programme, Colombia
- UX Biscate Skills Marketplace, Mozambique
See summary of submissions here
Agenda - 6th Jun
1:00pmRegistration and light lunch
Martin Wolf, Chief Economics Commentator, Financial Times
2:40pmClimate: Putting Solutions at the Core of Global Business and Finance
As France’s President Emmanuel Macron stated at a recent Climate Summit, the decision of the Trump Administration to pull out of the Paris Agreement on Climate Change has only reinforced the urgency of efforts to invest in technologies and other solutions that can significantly cut greenhouse gas emissions. The private sector is playing a major part, seeing climate change not just as a challenge for the future of humanity, but as an historic business opportunity. This is accelerating, among others, the transition from fossil fuel to renewable energy sources, the rapid innovations in energy storage that are supporting the shift to electric vehicles and smart power generation, the expansion of green building and other sustainable infrastructure, and the financial innovations around green bonds and other structures to boost yield and reduce risk. Much more needs to be achieved however to meet the Paris Agreement targets. Climate concerns and opportunities must become core to global business and finance. How can this be done?
Helen Clarkson, CEO, The Climate Group
Aled Jones, Head of Sustainable Investment, Europe, FTSE Russell
Alzbeta Klein, Global Head, Climate Business, International Finance Corporation (IFC)
Moderator: Leslie Hook, Environment and Clean Energy Correspondent, Financial Times
3:25pmSDGs: Session Framer/Presentation
Jamie Drummond, Co-Founder and Executive Director, Global Strategy, ONE
3:35pmSDGs: Leveraging Technology and Finance to Boost Food and Water Security
Achieving food and water security in the world’s most impoverished communities involves solving big challenges all the way along the value chain. New technologies to boost production and predict weather patterns, more effective crop protection, more productive water infrastructure and management, and new financing and insurance solutions are all contributing to a brighter outlook. But do sufficient farmers have access to key resources? What needs to happen for more efficient and sustainable processes to be adopted at scale? Are the most appropriate investment and pricing platforms in place? Are agriculture and water sufficiently attractive asset classes for investors? Is governance of land rights being improved at the same pace as land management? What steps must be taken to significantly move the needle on food and water security?
Alloysius Attah, Co-Founder and CEO, Farmerline
Jamie Drummond, Co-Founder and Executive Director, Global Strategy, ONE
Simon Morgan, Partner, SilverStreet Capital
Mary Porter Peschka, Director, Advisory Solutions, International Finance Corporation (IFC)
Moderator: Andrew Jack, Global Education Editor, Financial Times
4:45pmWealth-Building and Empowerment: Taking Innovative Finance to the Next Level
The use of digital technology has already revolutionised payments systems in the developing world. Ground-breaking services like M-Pesa have transformed mobile money, in so doing boosted entrepreneurship and financial inclusion. They have spawned similar models for other essential services, such as access to solar energy (M-Kopa), and insurance solutions (MicroEnsure) – as highlighted in various editions of the FT/IFC Awards. However, profits for providers remain small. As technology users become more sophisticated, there is a major opportunity for the dominant social platforms – such as Facebook, Google, WhatsApp, WeChat and Alipay – to significantly expand digital services in emerging markets, with more products, a substantial boost in transaction revenues, and a potentially transformative impact on consumption, wealth-building and personal empowerment. This panel of experts will discuss the next level of financial innovation in Africa and other developing regions, and the implications for social and economic progress.
Samantha Ghiotti, Partner, Anthemis Group
Chris Locke, Founder, Caribou Digital
Tao Tao, Director of Business Development EMEA, Alipay
Moderator: Ravi Mattu, Technology Editor, Financial Times
Rob Nail, CEO and Associate Founder, Singularity University
Keynote Speaker: Leila Janah, Founder and CEO, Samasource and LXMI, and author, Give Work: Reversing Poverty One Job at a Time
Keynote Speakers (3)
Martin Wolf CBE
Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”. He was a member of the UK government’s Independent Commission on Banking between June 2010 and September 2011. Mr Wolf is an honorary fellow of Nuffield College, Oxford University, Corpus Christi College, Oxford University and King’s College, London. He is also an honorary professor at the University of Nottingham. In 2014, he was made a University Global Fellow of Columbia University, and a Senior Fellow in Global Economic Policy at its School of International Public Affairs. He is a member of the International Media Council of the World Economic Forum.
Mr Wolf was made a Doctor of Letters, honoris causa, by Nottingham University in July 2006, by Kingston University in January 2010, and by Macquarie University, Australia, in 2012. He was also made a Doctor of Science, honoris causa, by the London School of Economics in December 2006 and by Warwick University in July 2009.
Mr Wolf was joint winner of the Wincott Foundation senior prize for excellence in financial journalism for 1989 and again for 1997. He won the RTZ David Watt memorial prize for 1994. In 2006, he became the sixth winner of the Journalism Prize of the Fundacio Catalunya Oberta (Open Catalonia Foundation). He won the “Commentator of the Year” award at the Business Journalist of the Year Awards of 2008. He was placed 15th in Foreign Policy’s list of the Top 100 Global Thinkers in December 2009, 37th in the same list for 2010 and 55th for 2011. Mr Wolf won the “Ludwig-ErhardPreis für Wirtschaftspublizistik” (“Ludwig Erhard Prize for economic commentary”) for 2009. He won “Commentariat of the Year 2009” at the Comment Awards, sponsored by Editorial Intelligence. He was joint winner of the 2009 award for columns in “giant newspapers” at the 15th annual Best in Business Journalism competition of The Society of American Business Editors and Writers. He won the 33rd Ischia International Journalism Prize in 2012. He won the Overseas Press Club of America’s prize for “best commentary on international news in any medium” for 2013. His most recent publications are Why Globalization Works (Yale University Press, 2004), Fixing Global Finance(Washington D.C: Johns Hopkins University Press, and London: Yale University Press, 2008 and 2010) and The Shifts and The Shocks: What we’ve learned – and have still to learn – from the financial crisis (London and New York: Allen Lane, 2014). China Business News named Fixing Global Finance its “Financial Book of the Year” for 2009.
Mr Wolf was educated at Oxford University.
Leila Janah is the Founder and CEO of Samasource and LXMI, two companies that go beyond charity to #givework to low-income people around the world using cutting-edge social enterprise models in technology and luxury skincare, respectively. She is the author of Give Work: Reversing Poverty One Job at a Time, released by Penguin Portfolio in September 2017.
Prior to that, Ms Janah was a Visiting Scholar with the Stanford Program on Global Justice and Australian National University’s Center for Applied Philosophy and Public Ethics. She was a founding Director of Incentives for Global Health, and a management consultant at Katzenbach Partners (now Booz & Co.).
Ms Janah is a Young Global Leader of the World Economic Forum, a Director of CARE USA, a 2012 TechFellow, recipient of the inaugural Club de Madrid Young Leadership Award, and the youngest person to win a Heinz Award in 2014. She was named one of Fortune’s Most Promising Entrepreneurs in 2014 and was the subject of cover stories in Entrepreneur, Fast Company, and Conscious Company Magazines. She received a BA from Harvard.
Rob Nail is the CEO and Associate Founder of Singularity University. He brings a unique entrepreneurial and globally-focused approach to growing a non-traditional university as a platform to create a future of abundance where exponential technologies empower us to solve the global grand challenges.
Prior to Singularity, he co-founded Velocity11 in 1999, building automation equipment and robotics for cancer research and drug discovery. After being acquired by Agilent Technologies in 2007, he traded the CEO role for a General Manager role attempting to be a catalyst for change at a big company. He gave up in 2009 to go surfing, then found his true calling and biggest challenge yet with Singularity University. He was recently a director at Harman (HAR), on technology and audit committees. He helped Harman explore options for long-term growth in a rapidly changing automobile industry, ultimately resulting in an $8.0 billion acquisition by Samsung. As Samsung’s largest acquisition in history, it brings the group directly into the automobile and autonomous car market.
He is currently on the board of Light & Motion, is a co-founder and director of Alite Designs, is an active angel investor and advisor, and holds degrees in Mechanical, Materials Science and Manufacturing Engineering from UC Davis and Stanford University.
Alloysius Attah is the Co-Founder and CEO of Farmerline. He launched Farmerline in 2013 to transform millions of farmers into successful entrepreneurs. This mission was inspired by his own 15 years’ experience on the farm, which exposed him to some of the biggest challenges small-scale farmers go through to access information and services to produce and sell more food. Today, the company has profiled and served over 200,000 farmers and mapped 700,000 hectares of farmland across 11 countries. Mr Attah leads the overall strategy and vision of Farmerline and also focuses his efforts on business development and product design. He has received numerous awards for his work, including CBNC Africa’s Young Business Leader Award in 2017. He also became a laureate of the King Baudoin African Development Prize in 2017. Farmerline won the FT/IFC Transformational Business Award for Achievement in Sustainable Agriculture in 2016.
Helen Clarkson joined The Climate Group in March 2017 as Chief Executive Officer. Prior to joining The Climate Group, she worked at Forum for the Future where she founded the organisation’s US office. At Forum, Ms Clarkson led work with large US corporations such as Target, Walmart, Nike, Gap and Levi Strauss & Co to solve complex sustainability challenges at both the organisational and broader systemic level. She also served as Interim Chief Operating Officer for several months. Ms Clarkson joined Forum from Médecins Sans Frontières where she worked on humanitarian missions in countries including Democratic Republic of Congo, Sudan, Burundi, Pakistan and Nigeria. She has an undergraduate degree in Philosophy from Cambridge University, and a Master’s degree in Business Strategy, Politics & the Environment from Birkbeck College, University of London. She is also a Chartered Accountant.
Jamie Drummond is an advocacy entrepreneur who co-founded ONE with Bono and other activists. ONE is a global pressure group with nearly 8 million members around the world, which campaigns against extreme poverty and for the transformation of developing economies and the achievement of the Sustainable Development Goals. Right now ONE is especially campaigning for investments into education, especially for girls in Africa; gender equality through enhanced education and health services for the most marginalised girls and women; and transparency in the extractives and financial services sector. Mr Drummond was previously the Global Strategist for Drop the Debt (which helped cancel $110bn of mainly African debt) and co-founder of DATA.org (which helped double smart aid, especially for the health sector and the fight against AIDS, and boost trade deals for Africa).
Samantha Ghiotti is a Partner at Anthemis Group. An industry leader in strategic innovation, she brings a unique blend of corporate, startup and academic experience to the firm. As a founder of Anthemis’ Advisory practice, Ms Ghiotti has helped lead the expansion of the business from design to strategic execution. She also plays an active role in Anthemis’ capital raising efforts and strategic relationship building across geographies. Ms Ghiotti brings a creative, hands-on approach to growing and reinventing businesses in the Digital Age. Prior to joining Anthemis, she held senior positions in some of the world’s largest financial institutions, including the Royal Bank of Scotland, American Express and First Data. She previously served as an advisor to Singularity University and the ESCP Business School. Originally from Turin, Italy, Ms Ghiotti graduated from the London School of Economics. She has travelled to over 40 countries and published her first book, 20,000 Miles with My Rucksack, in 2011.
Aled Jones joined FTSE Russell in November 2017 as Head of Sustainable Investment, Europe. He joined from Mercer’s Investment Consulting business where he was a Principal in the Global Responsible Investment team for a number of years. At Mercer, he worked closely with large European asset owners and investment firms, supporting them on all areas of RI strategy development and implementation, as well as ESG research and portfolio and manager analytics. Prior to this, he managed the ESG integration activities of the London Pensions Fund Authority, one of the UK’s largest public sector pension schemes.
Mr Jones’ RI industry experience spans more than 17 years, during which time he has also worked in ESG analysis and research, as well as corporate voting and engagement for active portfolios on behalf of institutional and retail clients. He holds an MSc in Environmental Science from Lund University in Sweden and is a Member of the Chartered Institute for Securities & Investment.
As Director and Global Head of IFC’s Climate Business, Alzbeta Klein’s role is to provide thought leadership, fundraising and facilitation of all the work related to renewables, climate-smart agriculture, green bonds and other climate business areas. Prior to her current appointment, she was a Director and Global Co-head of the Agribusiness, Manufacturing and Services Investments group where she managed over $13 billion of assets in emerging markets, leading a group of 400 bankers in 60 IFC offices worldwide. During the past 20 years, Ms Klein has worked in many areas of IFC and rose through the ranks, including serving for two years as the Chief of Staff to IFC’s former CEO Lars Thunell. She headed IFC’s business growth in Eastern Europe in the early 2000s, led work in several industry sectors across IFC, and originated the Food Fund, which created the base of blended finance and impact investment for IFC. Ms Klein joined IFC from the Export Development Corporation in Canada and the Canadian Imperial Bank of Commerce (CIBC). She received a Master’s degree in Economics from the University of Ottawa, where she also studied for her doctorate. She also has an Engineering degree from Prague University in the Czech Republic, and executive education from Harvard Business School and INSEAD. She holds a Chartered Financial Analyst (CFA) designation.
Chris Locke is the Founder of Caribou Digital and a Visiting Fellow at the University of California, San Diego's Center on Emerging and Pacific Economies. Caribou Digital works with development organisations to build digital economies in emerging markets, helping to take critical mobile services covering health, agri, money and learning tools to scale at a nationwide level. Mr Locke was previously the Managing Director of GSMA Mobile for Development. He has spent the past 15 years working in the mobile and internet industries for companies including the Virgin Group, Three, AOL and T-Mobile. Previous to his industry career, he was the Xerox Lecturer in Electronic Communication and Publishing at University College London, and has maintained strong links to the research community. He is co-editor of “Thumb Culture: The Meaning of Mobile Phones in Society,” an anthology of research considering the global social effect of mobile technology.
Simon Morgan is a Partner and Investment Committee Member of UK investment advisory firm SilverStreet Capital LLP. SilverStreet manages two African-focused funds (Silverlands I and II) which invest entirely in the region’s agriculture sector. The first fund of over $300 million was launched in 2011 and is now fully invested in Eastern and Southern Africa, whilst the second fund launched in 2017 is targeting a similar amount. Mr Morgan also sits on various operating company boards in Tanzania, Zambia and Mozambique. Before joining SilverStreet in 2011, he worked in the investment industry where he was responsible for developing and investing various infrastructure debt and private equity funds targeting Africa, the Middle East and Southeast Asia.
Mary Porter Peschka
Mary Porter Peschka is the Director of Advisory Solutions at IFC, a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets. Advisory Solutions manages and delivers expertise and programmes which are cross-cutting in nature. These include helping clients develop competitive, clean, high-quality and affordable energy and water solutions; working with clients to enhance the performance of SMEs in their value chains, as well as strengthening SME performance at a market and sector level especially in more challenging markets (fragile states); supporting national and municipal governments to design and implement public-private partnerships to improve public access to electricity, water and sanitation, roads, health, and education; and helping women entrepreneurs gain improved access to finance, markets and networks for their businesses.
Ms Porter Peschka joined IFC in 2004, and has previously served as Head of Advisory Services in Latin America & the Caribbean and Head of Sustainable Business Advisory in the Middle East & North Africa. Prior to joining IFC, she held various positions in the public and private sectors, including at Market Access International, an economic development consulting firm; St. Genevieve Group, a group of international mining companies; and the US Agency for International Development.
Ms Porter Peschka holds a Bachelor’s degree from George Washington University, an MSc from the London School of Economics, and an MBA from the University of Oxford. She was a Term Member in the Council on Foreign Relations.
Tao Tao is Director of Business Development EMEA at Alipay, the world’s leading mobile payment provider, operated by Ant Financial Services Group, a related company of Alibaba. Mr Tao joined Alipay in January 2016, mainly to focus on the expansion of next-generation payment services from Asia to EMEA by developing strategic partnerships with top financial institutions. He also works on building and nurturing Ant Financial ecosystems from a global perspective. He reports to the President of Alipay EMEA.
Prior to Alipay, Mr Tao had 14 years of senior leadership roles in the telecoms, media & technology industry. He has expertise in mobile technology, disruptive fintech innovation and B2B & B2C sales. He helped Huawei Technologies develop its strategic key account enterprise business in Europe, China and Asia Pacific, and has generally been a pioneer in the establishment of Chinese technology businesses in Europe.
Leslie Hook is the FT’s Environment and Clean Energy Correspondent, based in London. Since joining the Financial Times in 2010, she has reported from Beijing and most recently from San Francisco, where she covered Uber and self-driving cars. She was a fellow at the Nieman Foundation for Journalism at Harvard University during the 2013-2014 academic year, and a recipient of the FT’s Jones-Mauthner Memorial Prize (runner-up) in 2017. Previously she was at the Wall Street Journal and the Far Eastern Economic Review.
Andrew Jack has worked as a journalist for the Financial Times since 1990. He is currently the Global Education Editor, reporting and developing new projects including as editorial lead for free online FT access for schools. He previously ran the curated content team, picking the best news and analysis from the FT and the rest of the web, including FT Health. He was previously Deputy Editor of the Analysis section, Pharmaceuticals Correspondent, Moscow Bureau Chief, Paris Correspondent, Financial Correspondent, general reporter and corporate reporter. He is author of the books Inside Putin’s Russia and The French Exception, as well as numerous specialist reports, and has appeared on the BBC and other media outlets.
Ravi Mattu is the Tech Editor of the Financial Times. Since joining the FT 18 years ago, he has worked in a range of roles, and spoken to CEOs, entrepreneurs, prime ministers and some of the world’s leading management thinkers. Mr Mattu joined the FT in 2000 and has held a number of senior positions, including Editorial Director for FT2 , the commercial content division of the Financial Times; Business Life editor, overseeing the management section of the paper; Acting Editor and Deputy Editor of FT Weekend Magazine; and editor of Special Reports (magazines and websites), during which time he edited a number of titles, including Mastering Management, and launched FT Wealth.
- Hear directly from the investors and innovators whose capital, technology and ideas are addressing key challenges in developing economies, particularly around combating climate change and meeting the UN Sustainable Development Goals.
- Gain critical insights on the transformative solutions required to improve food and water security.
- Explore the latest disruptive technologies expected to shake up digital finance in the developing world.
- Meet and network with the nominees for the 2018 Transformational Business Awards, whose ground-breaking initiatives are contributing to substantive progress in financing and developing low-carbon infrastructure, delivering healthcare and education, assuring food and water security and generally transforming the development landscape.
YOUR CONFERENCE PLACE ENTITLES YOU TO AN AWARDS DINNER SEAT
Confirmation of attendance at the afternoon conference on 6 June 2018 automatically entitles you to a place at the FT/IFC Transformational Business Awards Dinner that will occur later that evening.
If you cannot make the evening Awards Dinner but can make the afternoon conference please ensure you tick the correct box when registering for the conference.
Conference Sponsor (1)
THE SILVERSTREET GROUP IS A LEADING INVESTOR IN THE AGRICULTURAL VALUE CHAIN AND ITS BUSINESS MODEL HAS SIGNIFICANT POSITIVE SOCIAL IMPACT.
The SilverStreet team has broad experience in investment management, primary production and across the agricultural value chain. It oversees businesses in six countries in Sub-Saharan Africa. Its investments include crop processing, poultry, fruit processing and juicing, the seed sector and primary production across a range of crops.
CREATING A POSITIVE SOCIAL IMPACT
SilverStreet aims to achieve a significant and positive social impact through its investments. It implements its hub-out-grower model and works with small-scale farmers and local communities to provide markets for their produce and technical support to improve their crop yields. Its Tanzanian business is engaged with over 30,000 grains and poultry small-holder farmers.
Its projects have included successful joint ventures with local communities to manage commercial farms owned by these communities. It provides significant employment and training in rural areas and encourages sustainable agricultural practices such as the use of conservation farming techniques by small scale farmers. Its investment in the seed sector have helped provide improved seed to over 100,000 farmers. These investments also provide attractive returns to investors and benefit from the scale advantages of working with large numbers of farmers.
Media Partner (1)
Sparknews is a social enterprise, at the crossroads of social innovation, the leading media and the corporate world. Our mission is to shed light on innovative & tested solutions to the most pressing global issues. We achieve this through our two annual media operations Impact Journalism Day and Solutions&Co, reaching 120 million readers; alongside this Sparknews also inspires and advises the leaders of large corporations to work towards a more inclusive society.