Durreen Shahnaz, Founder and Chairman of Impact Investment Exchange Asia, spoke at the GSVC Symposium on 19th March in Bangkok. Click on the following link to listen to the talk: http://is.gd/aRt3z.
We expected the usual power suit, but Durreen Shahnaz, the founder and chairperson of what is to be a new stock exchange come 2011, is wearing a vegetable dyed sari instead. Its material so light and supple, it flutters in the breeze. The image is powerful. The ex-investment banker and high flying media exec turned entrepreneur is, indeed, the face of a kinder and more conscious form of capitalism. Her Singapore-based Impact Investment Exchange (IIX) — Asia’s first social stock exchange — will be a capital market for social good. It is a lofty goal, but Shahnaz has never known how to aim for anything less.
A radically new form of social investment, championed by the century-old Rockefeller Foundation, the much younger Bill and Melinda Gates Foundation, and even financial powerhouses like Citigroup, is gaining followers. Antony Bugg-Levine, Managing Director of the US-based Rockefeller Foundation, shared with Naren Karunakaran ideas about the changing landscape of the philanthropic world.