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    Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI) — an initiative of the Bill, Hillary, and Chelsea Clinton Foundation — convenes global leaders to forge solutions to the world’s most pressing challenges. To learn more visit: www.clintonglobalinitiative.org


    Our Management

    Durreen Shahnaz, Founder and Chairwoman

    Durreen is the Founder and Managing Director of Shujog and the Founder and Chairwoman of IIX.

    In a career spanning over two decades, Durreen has built a track record as a successful academic, banker, media executive and social entrepreneur with stints at Morgan Stanley (New York), Merrill Lynch (Hong Kong), Grameen Bank (Bangladesh), World Bank/IFC (Washington DC), Hearst Magazines International, Readers Digest and Asia City Publishing. She also founded, ran and sold oneNest, a social enterprise and global marketplace for handmade goods. Durreen founded the Program for Social Innovation and Change at the Lee Kuan Yew School of Public Policy, National University of Singapore and until recently was an Adjunct Associate Professor. Durreen is also a published author and recently co-authored the chapter on “Social and Environmental Exchanges” in New Frontiers of Philanthropy, published by Oxford University Press.

    Durreen the 2014 recipient of the prestigious Joseph Wharton Social Impact award given by the Wharton School of University of Pennsylvania. She is a TED 2010 Fellow as well as an Asia Society 21 Fellow. She was an appointed member of the World Economic Forum’s Global Agenda Council on Social Innovation for 2011 and is on the advisory board for CASE i3 at Duke’s Fuqua School of Business. Durreen is also the Social Entrepreneur in Residence for INSEAD’s Social Entrepreneurship Catalyst Program. Durreen is a TED speaker, a regular participant for Channel News Asia’s morning program News on Views and a contributor to World Economic Forum publications, South China Morning Post in Hong Kong, Wharton Magazine and ADB blog. Durreen has been recently appointed as a Program Advisor for the Clinton Global Initiative.

    Durreen holds a BA from Smith College; a joint degree — MBA from the Wharton School at the University of Pennsylvania; and a MA from the School for Advanced International Studies at the Johns Hopkins University.

    Robert Kraybill, Managing Director

    Robert is Managing Director of IIX and a member of the Board of Shujog as well as its Treasurer. Prior to joining the impact investing movement, Robert spent nearly 20 years in the traditional capital markets as an advisor and investor, most recently as head of Asian private equity for Marathon Asset Management, a US$12 billion alternative investment manager. Prior to that, Robert was head of investment banking, Asia ex-Japan, for Dresdner Kleinwort Wasserstein. Robert began his career at Morgan Stanley, Credit Suisse and Wasserstein Perella. In addition to his work at IIX and Shujog, Robert is a member of Singapore’s ‘President’s Challenge Social Enterprise Awards’ Committee. He also acts as Senior Advisor to Asian Tiger Capital, an innovative financial services firm in Bangladesh offering research, advisory and asset management services. Robert is co-author of the chapter on “Social and Environmental Exchanges” in New Frontiers of Philanthropy, recently published by Oxford University Press. Robert is a prolific speaker on impact investing in Asia and lectures on the topic across the globe. Robert has also acted as a judge for various social enterprise business plan competitions, including the Global Social Venture Competition in Berkeley, California. Robert holds a B.A. magna cum laude from Princeton University, and a J.D. summa cum laude from the University of Pennsylvania, School of Law. Robert has lectured on M&A as an Adjunct Professor in the MBA program of Singapore Management University.

     Lars Barslev, Director, Corporate Finance

    Lars is Director of the Corporate Finance Team at IIX.

    Lars has more than 18 years of experience in the area of financial advisory services. Prior to joining IIX, Lars was head of the Valuation Advisory Team at Stone Forest Corporate Advisory Pte Ltd (a member of RSM International) advising clients on valuation of shares, businesses, financial instruments, and intellectual property as well as advising on M&A transactions. Prior to this, Lars was with KPMG Corporate Finance and PwC focusing on valuation, M&A advisory and transaction support services. Lars has been based in Singapore since 2005 and he has advised numerous clients within various industries across the South East Asian region.

    Lars has lectured as an Adjunct Professor at Singapore Management University and holds a BSc in Economics and Business Administration (top of the class) and a MSc in Business Administration and Commercial Law from Copenhagen Business School.

    Angela Ng, Director, Strategic Planning and Finance

    Angela is Director, Strategic Planning and Finance at IIX and Shujog.

    Angela most recently spent three years working at the United Nations Headquarters in New York City where she was involved in the planning and proposal of various programmes and budgets for the approval of the United Nations General Assembly. Prior to that, she spends 12 years as a finance professional, specializing in initial public offerings, acquisitions and commercial finance in Asia. She was vice-president for corporate finance in a medical device company where she was the core team that listed the company on the stock exchange of Singapore and was involved in several acquisitions across Asia including a US$50m joint-venture acquisition in China.

    Angela holds a Bachelor of Accountancy (Second Upper Honors) from Nanyang Technological University, Singapore and is a qualified Chartered Accountant.

    Cyrille Parant, Director, Capital Markets

    Cyrille is Director of Capital Markets at IIX. Prior to joining IIX, Cyrille dedicated several years of work in humanitarian missions in Madagascar. Earlier, he founded Microfis, a market platform dedicated to the issue of international SME/microfinance bonds, as well as PlaNIS, a microfinance advisory company. PlaNIS successfully managed a USD 150 million credit portfolio, including 46 clients across 16 countries, before the company was sold. Before joining the microfinance and impact investing movement, Cyrille had spent 25 years at Paribas and BNP Paribas in a wide range of investment banking functions, gaining experience in various markets including Abu Dhabi, Korea, Spain, Paris and Singapore. Returning to France in 2000 during the merger of Paribas and BNP Paribas, he became deputy director of the Asia Pacific and Middle East for the Pole BFI (financing and investment banking), before assuming and developing the international microfinance portfolio of BNP Paribas since 2006. Cyrille has also has been a regular speaker in many impact and microfinance forums. Apart from being an alumni of the Paris Institute of Political Studies (Sciences Po), Cyrille holds a Law degree from the Panthéon-Assas University.  

    Matthew Kasdin, General Counsel

    Matthew is a General Counsel at IIX. Matthew began his legal career at the international law firm Latham & Watkins, where he worked in the New York and London offices as a corporate associate advising on international capital markets and mergers and acquisitions transactions. Matt also advised the United Nations’ Global Compact corporate responsibility and Principles for Responsible Investment initiatives, both on a pro bono basis and as a policy and legal advisor at the United Nations Secretariat in New York. He has since worked at a Singapore-based social venture fund and as a legal consultant to Bank of America Merrill Lynch’s Asian capital markets division. Matthew was also a Fulbright Scholar in 2011. He is licensed to practice law in New York, and licensed to advise on securities and corporate finance in Hong Kong. Matthew holds a Juris Doctor from Northwestern University School of Law, where he concentrated in international law and was executive editor of the Journal of International Law & Business.  


    Our Team Members (in alphabetical order of last name)



    Jeremy Ang, Corporate Finance

    Jeremy is part of the Corporate Finance Team at IIX. Passionate about creating value through businesses, Jeremy immersed himself in various startups spanning from social enterprises to environmental technology firms before joining IIX. His experience in the local startup scene has also connected him with many governmental agencies and institutions both in Singapore and abroad. With strong interests in the financial markets as well, Jeremy is part of the local trading and investment community with experience in trading both spot currencies and commodities. He had previously completed a stint at the Singapore Exchange as a derivatives analyst, where he was part of the commodities desks to launch the SGX Electricity and Gold Futures contracts. He also headed NUS Invest – a college investment association with an outreach of more than 10,000 students, where he co-founded a hedge fund supported Trader Incubator and a Portfolio Management Program, mentored by industry experts to groom budding traders and fund managers. He received his Bachelor of Social Sciences in Economics from National University of Singapore.

    Kalyani Basu, Business Development

    Kalyani is part of IIX Business Development team. Prior to joining IIX, Kalyani has had the opportunity to volunteer with various non-profit organisations in Singapore and abroad. Most recently, she spent 7 weeks working in orphanages across Gabon where she taught English, IT and raised awareness on issues such as Malaria, HIV and AIDS. Her work experience also includes a consulting project where she worked with a hospice in the UK to improve their marketing strategy. She has also completed an internship with O’Joy Care Services, a Singapore NGO, where she worked on developing Management Information Systems for the organisation. Kalyani recently graduated with a BSc in Management from the University of Warwick, UK.  

    Amy Duffuor, Business Development

    Amy is part of the Business Development Team at IIX. Prior to IIX, Amy worked at State of Flux, a London-based management consulting firm. At State of Flux, she was primarily responsible for FTSE 100 client engagements in the financial services, FMCG and healthcare sectors; and project managing the consultancy’s annual research report. From 2013-2014, Amy was contracted to Barclays Investment Bank in Singapore as an Assistant Vice President of Legal Services. At Barclays, Amy independently managed 11+ sourcing projects to drive operational efficiencies and cost reductions across the global business. Amy holds a BA in Urban Studies (with a specialization in Political Science) from Columbia University and an MPhil in Migration Studies from the University of Oxford. Her research on West African migrants has been published in edited volumes and academic journals.

    Natasha Garcha, Business Development & Partnerships

    Natasha works with both IIX and Shujog teams, handling Business Development and Partnerships.

    Prior to IIX, Natasha worked at D.E. Shaw & Co., a New York-based hedge fund with operations in India, Japan and the United Kingdom. At D.E. Shaw India, she straddled two teams, Investor Relations and Corporate Social Responsibility (CSR). As part of Investor Relations, she handled +500 client accounts from across the globe, was directly responsible for managing consultant databases and ensured compliance with Blue-Sky laws. As part of the CSR department, Natasha was responsible for the annual strategic plan, organizing employee engagement events and executing joint-initiatives with +10 local NGOs. Natasha is also a Trustee of the Shades of Happiness Foundation (SoHF), for which she founded and spearheaded operations in Hyderabad from 2010-2014 with the mission to empower under-privileged children in India. Under her leadership, SoHF Hyderabad supported +250 direct beneficiaries from slums, orphanages and local government schools.Natasha is an active writer for Passle.com, where she voices her opinion about creating sustainable social impact, the advent of the Anthropocene and women empowerment – all issues that she is extremely passionate about.

    Natasha holds a M.B.A. from the University of Oxford, graduated with distinction and merited a spot on the Dean’s List (MT, TT). She also co-chaired the Social Impact Oxford Business Network, winning a BNY-Mellon award for her efforts, and is part of the Impact Business Leader Oxford cohort for 2014. Natasha also holds a Masters in Business Law from National Law School, Bangalore.

    Angie Jansen, Human Resource

    Angie is part of the Human Resources team supporting both IIX and Shujog.

    Prior to joining IIX, Angie has been working within the International Education industry, namely the Australian International School and Dulwich College in the last 17 years in Human Resources. Aside from supporting human resource functions, Angie was responsible for coordinating the entire process of expatriation and repatriation of teaching staff yearly, as well as travel mobility services for staff and students.

    At IIX and Shujog, Angie is responsible for all human resources within the company and also the coordinator for the yearly Apprentice Program.

    Chun Wei Keh, Corporate Finance

    Chun Wei is part of the Corporate Finance Team at IIX.

    Chun Wei most recently completed an internship with Straits Advisors, an independent corporate finance advisory firm based in Singapore. He was responsible for the research and financial modelling of deals. He also has worked with Imprimis, another corporate finance advisory firm based in Singapore.

    He received his Bachelor of Social Sciences in Economics from National University of Singapore.

    Jia Ling Lim, Advocacy

    Jia Ling coordinates advocacy with the team at Shujog in Singapore.

    Passionate about social and environmental causes, Jia Ling believes that harnessing the power of markets and businesses is now critical for sustainable and inclusive development. Prior to Shujog, Jia Ling worked for the Singapore government on promoting equality and resilience at the workplace, before moving to Cambodia to pursue her passions in environmental sustainability. For about two years in Cambodia, Jia Ling worked with the World Wide Fund for Nature (WWF) to raise awareness on pressing environmental issues, with one particular campaign gathering more than a quarter million voices to call for the halt of a destructive dam on the Mekong River. She recently returned home to Singapore and contributed to WWF’s Earth Hour – the world’s largest environmental movement – helping to coordinate campaigns that spanned 172 countries and territories, reaching hundreds of organisations and millions of individuals.

    Jia Ling holds a Bachelors in Social Sciences from the National University of Singapore (NUS), where she majored in Political Science.

    Wei Yang Lim, Accountant

    Wei Yang is an accountant at Shujog and IIX.

    Weiyang is mainly responsible for the timely and accurate preparation of monthly financial results for senior management’s review. Prior to joining Shujog and IIX, he held accounting positions at ComfortDelgro Corporation, Lonpac Insurance Bhd and Deloitte & Touche.

    He received his Bachelor of Accounting degree from Nanyang Technological University, Singapore.

    Reginald Lee, Capital Markets

    Reginald is part of the Capital Markets Team at IIX in Singapore.

    Reginald has more than 8 years of experience in investment banking and financial markets, and has been involved in more than 40 DCM transactions across currencies, regions, sectors and issuers. Reginald joins IIX from BNP Paribas where he was responsible for DCM origination and execution efforts in South and Southeast Asia. Reginald began his career at Bank of America Merrill Lynch’s Asia Leveraged Finance/DCM team and has significant experience across high grade, high yield, private placements, acquisition/bridge financing, private financing and loan products.

    Reginald holds a Bachelor of Business Administration (First Class Honours) from the National University of Singapore Business School and is a CFA charterholder.

    Jinky Tuliao, Advocacy

    Jinky works with both IIX and Shujog, and handles digital media in the Advocacy team.

    Prior to Shujog, Jinky worked as a Digital Marketing Specialist in the Philippines. She spent four years in the digital marketing field, specializing in search engine optimization (SEO), web copywriting, research, website analysis, social media management and other related online marketing ventures. Jinky is also a resident writer to Manillenials.com, a lifestyle and culture site for millennials and by millennials in Manila, and actively volunteers in various non-profit organizations in Manila. As an undergraduate, Jinky gained valuable media work experience on TV and radio through internships at two major television networks in the Philippines.

    Jinky graduated with a Bachelor’s in Broadcast Communication with honors from the Polytechnic University of the Philippines.

    Our Consultants

     Paraj Kakkar, Impact Growth Fund

    Paraj is a consultant for Impact Growth Fund at IIX.

    Paraj has 18 years of fund investment and operating experience in venture capital/private equity (VC/PE) funds. He has served as a partner/member of investment teams at VC and PE funds in Canada, US, India and Singapore. In these roles he has originated, executed, monitored and monetized early venture stage and mid-market growth stage investments ranging from $250K to $50M.

    Most recently he served as a Senior Vice President at a Singapore based single family-office sponsored investment fund (www.planetventures.com) with a 7 company portfolio in the food, supply chain/logistics, offshore oil & gas, business services and software industries. At Planet Ventures he invested and served on the board of 2 social impact ventures in the livelihood and food sectors. He has a prior fund investment/advisor track record based in Toronto (advising blue-chip corporate VC groups including Brookfield Asset Management and Verizon Wireless) and in Mumbai as an Investment Manager at antfactory – a London headquartered $550M VC fund. Notable investment successes included FirstSource – a business services vendor that is now publicly listed in Mumbai. His initial professional role was entrepreneurial as a founder member of a mobile internet software company, Unimobile, based in Bangalore/California that raised VC funding from prominent Silicon Valley funds and was sold to Verisign.

    He has MBA from Carleton University, Ottawa, Canada and a B. Eng in Computer Engineering from Moscow Power Engineering Institute, Russia.