IIX Apprentices

2024 Apprentices

Sophia-Nicole Bay is a rising sophomore in the Huntsman Program at the University of Pennsylvania, pursuing a B.S. in Economics at the Wharton School and B.A. in International Studies with Mandarin as her target language. Born in Athens, Greece and raised in Sofia, Bulgaria, Sophia’s passions lie at the confluence of cultural exploration, social impact, and creative expression. She has dedicated considerable time to researching and working with the Roma community in Bulgaria, specifically with regards to initiatives that address educational and economic disparities. At IIX, Sophia is a part of the Innovative Finance team, where she is thrilled to learn more about how capital can catalyze a positive impact on underrepresented communities in the global financial market.

Amanda (Q) Qu is a rising sophomore at the Wharton School of the University of Pennsylvania, pursuing a B.S. in Economics with concentrations in Finance and Operations, Information, and Decisions, as well as a minor in music. Prior to IIX, Q worked as a social impact consultant focusing on climate and sustainability initiatives for clients such as IKEA and Doctors Without Borders. This past month, she also traveled to Thailand to consult for FED Grassroots on expanding educational and career opportunities for Burmese migrants; she is enthusiastic to continue her journey in Southeast Asia. Given her interests in sustainability and positive social change, Q is excited to join the Research and Advisory team this summer to further IIX’s mission of propelling positive environmental and social change around the globe.

Pranav Sabapathi is a rising junior studying PPE, Mathematics, and Cognitive Science at the University of Pennsylvania. Prior to college, he started an independent venture that sustainably raised money for various charities by buying and reselling Legos. Through this, he got more closely involved with a water crisis organization called the Thirst Project, where he quantified the economic benefits of the wells they built in poor eSwatini villages through factors such as gender inequality, school attendance/graduation rates, etc. At IIX, he is a member of the IIX Growth Fund (IGF) and Portfolio Management team, where he is excited to drive forward initiatives such as the IGF, Orange Bond Initiative™, and Women’s Livelihood Bond™. He is joining our Portfolio Management team and will report to Riddhi Agarwal, SVP for Portfolio Management.

Aaditi Bhandari is a rising sophomore at the Wharton School of the University of Pennsylvania, where she is pursuing a B.S in Economics. Prior to IIX, growing up in Bangkok Thailand, she led service clubs and established social enterprises which empowered women in marginalized communities to become financially independent. Alongside this, through entrepreneurial endeavors, she focused on environmental conservation, specifically on reducing paper waste and attended a regional climate conference to discuss how cultural wisdom and strategy can help mitigate climate change. She has also pursued social impact consulting for start-ups and southeast asian clients while at Penn. Aaditi is excited to work on the Women’s Livelihood Bond™, SheisMore movement and Orange Bond Initiatives™ this summer where business disciplines can be used to create social change! She is joining our Marketing and Communications team and will report to Priya Balraju, SVP for Marketing and Communications.

Keeren Maria Setokusumo is a rising junior at Princeton University from Indonesia, pursuing a Bachelor of Arts in Sociology and a Minor in Finance. At Princeton, she has worked as a Marketing and Communications Intern at a biomimetic water filtration startup, assisting them in their recent grant award of $2.1M+, has mentored for a Shanghai-based social consultancy firm and is currently an Associate for Princeton Undergraduate Capital Partners, a front-facing client VC advisory club. She is passionate about educational and curriculum theory, bridging the gaps between the investment landscape and sustainability-driven firms, and shedding further light on the developing environment in Southeast Asia. Given this focus, she will join the Impact Partners team and report to Jonathan Abeywickrema.

2023 Apprentices

Eleanor Lundberg is a recent graduate of Amherst College where she received a B.A. in Political Science and Asian Studies. Last spring, Ellie completed a thesis on development, grassroots innovation, and sustainability in rural China, and then finished her undergrad education at the National Taiwan University in Taipei where she studied Mandarin and East-Asian geopolitics. Before joining the team at IIX, Ellie has gained experience in the nonprofit space, in research, and in management consulting. Ellie is passionate about building scalable and sustainable ways to connect women and underserved communities to the global market, so she is thrilled to be doing just that with IIX this summer.

Geetika Malhotra is a Summer Associate working with the Innovative Finance team at IIX. She is currently pursuing her Master of Public Administration (MPA) program at the School of International and Public Affairs, Columbia University (SIPA). She has over four years of experience in research, policy, entrepreneurial development, and finance. She is passionate about gender equality and women’s empowerment and is looking to build a career at the intersection of gender, finance, and sustainability. Geetika is thrilled to be working at IIX, learning about impact investing, and contributing to the Orange Bond Initiative™ and upcoming Women’s Livelihood Bond™ 6.

Jude Ortega is a rising sophomore at the Wharton School of the University of Pennsylvania, where he is pursuing a B.S. in Economics, with concentrations in Finance and Accounting. Prior to college, he ran his own business called Jude’s Reusable Sandwich Bags, conducted municipal bond research for a Wharton professor, and will be working at Morgan Stanley next summer as a Global Capital Markets analyst. At IIX, he is a member of the Innovative Finance team where he works towards the issuance of Women’s Livelihood Bond™ 6, investor relations, and financial analysis. He is passionate about using capital as a medium for positive climate and social change and is excited to work with IIX.

Sunrit Panda is a Summer Analyst working across the Impact Partners and Portfolio Management teams at IIX. At Princeton University, he is currently pursuing a Bachelor of Science and Engineering (BSE) in Operations Research and Financial Engineering with certificates in Applications of Computing, Statistics & Machine Learning, and Optimization & Quantitative Decision Science. In his past role, Sunrit worked on building corporate partnerships for an organization advocating for character and integrity in finance–one day allowing the industry to become one of the biggest levers for social change. He is also passionate about sustainability, having spent a summer restoring the ecosystem of an ancient Hawaiian fishpond and currently working for the Princeton Office of Sustainability. This summer, he is excited to be driving exciting initiatives forward such as the IIX Growth Fund, Women’s Catalyst Fund, and Impact Partners private equity placement platform.

Nikhil Srivastava is a rising junior studying Finance, Statistics, and Cognitive Science at the Wharton School of the University of Pennsylvania. Prior to IIX, Nikhil has worked as a social impact consultant for two years, conducted research on international development, created his own tutoring program for local students, and founded a nonprofit to increase civic engagement. He is currently working on the Research and Advisory team and is thrilled to support IIX’s mission of leveraging financial tools and institutions to support underserved communities around the world.

Clayton Kelly is a Summer Associate for IIX’s Marketing & Communications team. Clayton grew up as a bicultural American expatriate child attending international schools in Beijing and Shanghai. Clayton currently attends Villanova University in the United States and is pursuing a Bachelor’s in Business Administration with a focus in Marketing and Business Analytics, and a minor in Business Law. Clayton’s previous Marketing experience includes his work as a Customer Relationships Management Intern for the startup Sibeiho in Oregon, United States, where he developed analytical skills across multiple platforms. Clayton’s experiences in Asia and his interest in small businesses makes him very excited to join IIX’s mission of financing businesses run by underrepresented communities in the Global South.

Alec Jackson is a rising sophomore studying Finance and Healthcare Management at the Wharton School of Business, University of Pennsylvania. Alec is a recruited D-1 Track and Field Athlete and is an all-ivy recipient. Prior to joining IIX, Alec served for nine years with Jack and Jill, an organization dedicated to improving the quality of life in underserved communities deepening his understanding of the challenges faced by marginalized populations and fueled his passion for making a positive impact. This summer Alec is excited to be joining IIX as a member of the Growth and Innovation Team, where he will be able to further help connect the backstreets to wall street driving positive change for women, underserved communities, and addressing other social inequities.

2022 Apprentices

Alexis Wong is a Penultimate Year student majoring in Sociology at the National University of Singapore. Prior to IIX, she worked with a variety of nonprofits, including a stint at Asia Philanthropy Circle, a Singapore-based organization where she dipped her toes into strategic philanthropy. Passionate about how capital and resources may be mobilized to do good and how effective collaborations may scale impact, Alexis is excited to spend her summer with the Research & Advisory team to deepen her knowledge of the mechanisms and potentialities of impact investing and is honored to contribute to IIX’s mission.

Adhwaith is a second-year student at the Wharton School of the University of Pennsylvania, where he is a pursuing a B.S. in Economics, with concentrations in Finance and Business Analytics. Prior to college, he served as a Sergeant in the Singapore Armed Forces as part of the Explosive Ordnance Disposal Unit and conducted counter-IED operations. At IIX, he is a member of the Impact Partners team, where he conducts industry research and company analysis, sources investors, and evaluates companies’ impact metrics. He is passionate about maximizing social impact through finance.

2020 Apprentices

Yuxin Shi is a rising junior at Princeton University from San Diego, California. She is pursuing a degree in Art History with a Minor in Finance. At university, she is also Business Manager of a dance troupe and Chief Investment Officer of a student-run investment group with a focus on effective altruism, which piqued her interest in impact investing. She has previously worked at Frontier Global Partners as an Operations Intern and Wolfe Research as an intern with the QES team. Yuxin is excited to expand her knowledge of the impact investing space this summer with the Knowledge Management team at IIX, and is looking forward to contributing to IIX’s mission as a virtual intern based in US.

Ian Ho is a final year student pursuing a degree in business management with a major in finance at Singapore Management University. Having an interest in the finance industry, he is pursuing a summer apprenticeship with IIX in the impact partners team to learn more about impact investing and how it helps create opportunities for the underserved. During his free time, he would be out in the sun playing basketball with his friends or playing the piano at home.

Chloe Hite is a remote based Summer Associate apprentice working with the IIX Innovative Finance team. She is currently pursuing her combined Masters in International Economics and International Development at the Johns Hopkins University Paul H. Nitze School of Advanced International Studies. Chloe completed her bachelors in Cultural Anthropology and Economics at Boston University spent two years working as an emerging technology consultant for the United States government. More recently, she served as a marketing consultant to new B Corps and benefit corporations in the European market in her role as Vice President of the SAIS Europe chapter of Net Impact. Chloe is thrilled to be spending her summer working with the IIX Innovative Finance team to engage stakeholders and spread the word about the forthcoming Women’s Livelihood Bond 3. She is excited to have the opportunity to work on a project that centers women as solutions to COVID resilience in this time of global uncertainty.

Mokshda is joining as a summer associate with the Innovative Finance team at IIX, and is currently an MBA student at INSEAD Singapore Campus. She has five years of work experience in Financial Services in India, including audit, investment banking and business restructuring. She is passionate about gender issues and spent 18+ months volunteering with an NGO in Bangalore focused on educating women in financial literacy. Her favorite pastime is reading books, in particular autobiographies and contemporary literature.
Mohit Saini is a Master’s in International Affairs candidate at the Fletcher School, Tufts University, U.S.A and a remote based Summer Associate apprentice with the IIX Innovative Finance team. At Fletcher, he is specializing in Impact Investing & Social Finance. He is the co-President of Fletcher Social Investment Group. He was part of Fletcher’s 2020 MBA Impact Investing Network & Training (MIINT) team. He is the winner of the Fletcher D-Prize Venture Competition 2020. Before joining Fletcher, he worked as an international development consultant in the financial inclusion, FinTech and AgriTech space for six years in India, Bangladesh, Malawi and Uganda. He has written 75+ client- and public-facing reports, policy briefs, and blog posts.

Summer 2019

Johann Chan, join us joins us as a Summer Associate with the Innovative Finance team. He is studying at Nanyang Technological University in the accelerated Premier Scholars Programme that awards a Bachelor of Engineering Science coupled with a Masters in Technology Management in 4.5 years and includes a year abroad. After completing his apprenticeship at IIX, he will be heading to UC Berkeley, California. His interests are reading about the current affairs, cooking challenging recipes and ballroom dancing where he is currently learning Waltze and Tango.

Shibao Pek, joins us as an Innovative Finance team Summer Associate. He is a sustainability consultant specialising in financial analysis, environmental policy, and stakeholder engagement. He is currently pursuing a joint MBA and MSc in Environmental Management at the University of Oxford. He completed is Bachelor of Arts in Global Affairs (Development) at Yale University. His interests are mountaineering, music and he founded his own photography and design studio. Apart from that he has learnt 7 languages which includes Spanish, Japanese, German, French.

Inara Haque is a bright young student from University of Austin, Texas and joins us as a Summer analyst. She is studying Bachelor of Business administration with a major in Finance and marketing minor and she graduates in 2021. At IIX, she is working with the Innovative Finance team and also supporting the Knowledge Management team. She is also an incoming Investment Banking Summer Analyst at Rothschild & C.o in New York city for the summer of 2020. Her interests are dancing, learning Ballet, Jazz and she has been learning Tap dancing for 15 years.

Sanna Lee joins IIX’s Knowledge Management team as a Summer Analyst from Princeton University’s International Internship Program. She is currently pursuing her Bachelor of Art in Sociology with a certificate in Urban Studies. She has spent a summer in Beijing studying 8 weeks of intensive third-year modern Chinese and another summer interning for the Kathmandu Valley Preservation Trust in Lalitpur, Nepal. She is a graphic designer at the Princeton Student Design Agency and a volunteer for the local Mercer County Crisis & National Suicide Prevention Lifeline.

Summer 2018

Aubin Huret is a Summer Associate apprentice for the IIX’s Impact Growth Fund. Having been raised in Asia, he passed his French Baccalaureate at the French international high-school in Hong Kong. He then continued his studies with a Bachelor’s degree at the School of Oriental and African Studies (SOAS) in London. During this Bachelor’s degree in International Management focused on China, Aubin acquired a solid foundation in corporate finance, accounting and economics while consolidating his knowledge of international development along with learning Mandarin.It was through his Master’s degree at LSE that he chose to specialize in Development Management and gained a focused analysis of why countries differ in their equalities, the opportunities of communication technologies for development and a critical perspective on humanitarianism. Working in impact investment is a great way for him to merge both an entrepreneurial mindset aligned with development goals and solving social and environmental issues.

Brenna Leech is a Summer Associate with the Capital Markets and Knowledge Management teams at IIX. A proud US Air Force retiree, Brenna is currently pursing a two Masters at the University of Oregon, one in Nonprofit Management and one in Business Administration, with a focus on international innovation, entrepreneurship, and leadership strategy. Before coming to Singapore, she worked with two Oregon-based social enterprises on business development and marketing to improve their performance at regional and international scales. A globally-focused mind, Brenna is extremely excited to spend her summer developing impact assessments for women’s healthcare challenges and attracting key stakeholders from around the globe to participate in IIX’s innovative finance solutions.

Fiona Lau is a Summer Associate for the Business Development team at IIX. She is a rising-senior in Political Science and Anthropology at Wellesley College and MIT. Prior to the apprenticeship, Fiona explored her interest in international development as an intern in CDC Group, a development finance institution owned by the UK government. She has also worked in the impact investing space in Hong Kong, interning at RS Group and SOW Asia.  With a heart for social justice and sustainability, Fiona is passionate about how resilient local economies are built. To explore that, she has spent time conducting ethnographic research on the agriculture sector of Nicaragua, as well as the migrant communities in Malaysia.

“It is my privilege to be part of IIX and to expand my understanding of development in Southeast Asia. I am really amazed by how impact-driven and beneficiary-focused IIX is with their work.”

Lu Xuechen (Rita) is a summer apprentice for the IIX Corporate Finance Team. She is a year 2 student pursing a Bachelor of Business Administration in Accounting and Finance at the University of Hong Kong. She is always keen on social work, prior to this apprenticeship, she joined the Change-Maker Network club in university, arranging social activities regarding to SDGs. She strongly believes in the potential of financial innovation to bridge the gap between finance and development, thus is excited to join IIX, applying impact investing to develop sustainable solutions to address today’s most urgent issues.

Manasi Kohli is a Summer Associate for the IIX Impact Institute. She is a rising senior at Singapore Management University pursuing a double major in Economics and Public Policy. Having interned with KPMG Government Advisory, WaSH Institute and the Ministry of Urban Development in India, she has gained experience across the public, private and philanthropic sectors within the development space. Her interest lies within investments in education, healthcare and agricultural sectors, with a strong focus on gender-lens investment. She hopes to take her interest forward and learn more about impact investing and innovative financial products at IIX. She is an avid reader with a passion for cycling and golf.

“I am very eager to learn more about innovative instruments that bridge the gap between finance and development, and there is no better place to do that than at IIX.”

Spring 2018

Lin Hengrui (Henry) is a spring apprentice for the IIX Growth Fund Team. He is a final year student pursing a Bachelor of Business Administration at the National University of Singapore. Prior to this apprenticeship, Henry interned at TD Securities on the Fixed Income Origination & Syndication team. He enjoys volunteer work and has been on mission trips to Indonesia and Cambodia. Henry strongly believes in the potential of finance to catalyze sustainable development and is excited to join IIX in leading the field of impact investing and applying financial solutions to impact lives around the world.

“Innovative finance has a powerful role to play in transitioning toward sustainable global development. I’m excited to be here at IIX, at the cusp of it all.”

Fall 2017

Junyoung Son is a fall apprentice for the IIX Corporate Finance Team. He is currently pursuing his masters in Business Administration at the National University of Singapore. Previous to this he lived in Korea, where he worked within the international trade industry exporting machinery to developing countries in Asia and Africa. In order to facilitate trade and transaction Junyoung provided access to capital to his clients who were primarily small and medium sized enterprises. Having seen the benefits of finance for SMEs firsthand, he now hopes to explore the promise of impact investing.

“I am very excited to join IIX, and hope to help the team make impact!”

Priscilla Tay is a fall apprentice for the IIX Corporate Finance team. She has previously interned at Sustainable Living Lab – a social enterprise that aims to build a sustainable future through community building, technology experimentation and social innovation. Priscilla has always been interested in environmental sustainability and development which has now grown into a deep-rooted passion for sustainable growth in developing countries. Prior to IIX, she attended the World Youth Congress held in Hawaii as part of a conference organised by Peace Child International as a youth delegate. During her time there, she contributed to the drafting of the UN resolution by drawing on experiences and knowledge gained from her past service projects and experiences. Through IIX, she hopes to learn more about the role of finance in alleviating poverty for the bottom of the pyramid and empowering the marginalized.

“A renowned author and educator, Anna Lappe, once contended that “Every time you spend money, you’re casting a vote for the kind of world you want”. At IIX, I have great respect for their work and I am grateful for the opportunity to work with and learn from such amazing people.”

Tan Yixuan (Tiffany) is a fall apprentice working with the IIX Knowledge Management team. She is currently a final year student pursing a Bachelor of Business Administration (Finance) in the National University of Singapore. Tiffany strongly believes in harnessing the power of technology and people to improve lives. As a startup enthusiast, she has always dreamt of running a music school for children with disabilities. Previously, Tiffany has spent a year in Silicon Valley, doing business development for a hardware startup, as well as pursing part time studies with Stanford University. Through her experience at IIX, Tiffany hopes to gain more exposure of the impact investment arena.

“I am excited to learn with IIX while contributing to their impact in SE Asia and beyond!”

Summer 2017

Rachel Chan joins as a fresh graduate from the University of British Columbia (Vancouver), with a major in Economics. With a keen interest in international development, she is excited to be able to join IIX in leading the impact investing ecosystem here in the region. Under her university’s International Service Learning programme, she has interned in Uganda working on a range of projects from income-generating efforts to conducting qualitative interviews exploring stigma around the deaf community. She has also volunteered in Cambodia and eventually hopes to pursue international development at the graduate level.

“It is incredibly exciting to be part of a team that is pioneering the impact investing space in Southeast Asia. My greatest hope is being able to learn more about how finance can better reach underserved communities around the globe and how it can create a more equitable playing field!” 

Mary Hahm is joining us as a Summer Associate with the Business Development & IGF teams. She has a Master of Science in “Environment & Development” from London School of Economics & Political Science. She wants this internship to be an opportunity to learn more about innovative financial solutions to secure an environmentally sustainable and socially inclusive future. She has previously held legal clerkships with Kim & Chang and Lee International IP & Law Group, volunteered at an environmental organisation at Centro Ecológico Akumal, and is currently engaged as a Project Officer at the UN Sustainable Development Solutions Network – Youth division.

“As a leader in impact investment, I look forward to learning from all the adept professionals at IIX about the various innovative financial solutions spearheaded to create positive impact.”

Carmel Lev is a Summer Associate at IIX for the Business Development team. She is a Master of Science in “Foreign Service” candidate at Georgetown University, concentrating in global business and finance. Prior to joining IIX, she served as an impact investing graduate intern for the Case Foundation in Washington, DC. Previously, Carmel worked for the National Democratic Institute—an international development non-profit organization—where she managed and implemented foreign assistance programs in the Middle East. She has a deep interest in public-private partnerships and the role that private capital can play in addressing pressing social challenges.

“I am honored to join IIX this summer. I look forward to learning more about the organization’s role in connecting investors to impact enterprises in Asia, and unlocking new sources of capital to effect positive social change.”

Kiara Rodriguez Gallego is a Summer Analyst, working with the advocacy and business development teams. She is a rising Junior at Princeton University, majoring in the Woodrow Wilson School of Public Policy and International Affairs with a focus on East Asian Studies and Economics. Kiara previously interned in two organizations in Kunming, China: Concordia Welfare and Education Foundation and Village Progress. She mainly carried out large-scale local volunteering trips and produced footage to promote the organizations’ work. Most recently, she worked as a TMT analyst in a student-led investment fund, Colonial Investments, which manages a $100k investment fund. She produced portfolio analyses, and pitched two stocks to the organization’s graduate board: one on Amazon and one on Sina Corporation.

“I’ve long wanted to find sustainable ways of making a positive social and environmental impact through the private sector. So, I’m incredibly grateful for the opportunity to learn about the ‘impact investing field’ in SE Asia, and thrilled to be working with all the brilliant IIX people.”

Niriksha Shetty is our Summer Associate with the Corporate Finance Team. She is currently studying at Harvard University with the John F. Kennedy School of Government, pursuing her Master in Public Administration in “International Development.” Her interest in the Impact Investing realm stems from a desire to understand how financial innovation and knowledge transfer can help social enterprises succeed. She has worked with Precision Agriculture for Development, JPAL and Institute for Financial Management and Research.

“I’m very excited to be part of the IIX team over the summer, and look forward to learning about innovative solutions that help bridge the gap between finance and development!”

Ben Swanson
 is a rising senior at Columbia University studying economics. His previous experience includes internships in the New York City Mayor’s Office of Operations and the MIT Department of Economics’ Poverty Action Lab (J-PAL), as well as a research assistantship in the Columbia Department of Political Science. At Columbia, Ben founded and leads the Columbia Outdoors Club, wrote for the Columbia Daily Spectator, and previously led Delta GDP, the undergraduate international development group. He is broadly interested in a range of environmental and social issues, with particular interests in land conservation and poverty alleviation.

“I’m excited to join IIX for the summer in order to learn more about the potential and challenges of impact investing!”

Gwen Tan is a rising junior at the University of British Columbia in Vancouver, Canada, and she plans to pursue a major in Political Science and a minor in International Relations. She has been actively involved in volunteer work over the past few years, including multiple Habitat for Humanity Trips in Vietnam and Nepal and conducted arts and culture classes in English for underprivileged children in the Po Leung Kuk Charity Organisation in Hong Kong. She joined IIX because she wanted to understand the possibility for business leadership in the financial sector to generate scalable social and environmental impact.

“I look forward to learning and developing innovative solutions for Asia’s growing impact investing ecosystem, and am incredibly excited to be a part of such a dynamic team!”

Venus To joins as a Summer Analyst with the Corporate Finance Team. She is currently an undergrad student at The Chinese University of Hong Kong, majoring in “International Business” and “Chinese Enterprise.” With a tremendous interest in innovative finance, Venus served as President for APAC Ideas for Action Youth Initiative, which aims to bring together ideas on financing the United Nations Sustainable Development Goals (SDGs). Venus is also passionate about creating sustainable impacts that she has worked with SOW Asia Foundation (social business accelerator), Asia Value Advisors (philanthropy advisory platform), Asian Venture Philanthropy Network and Hang Seng Bank.

“I admire what IIX is doing – I am incredibly excited to work together to unlock more capital for the social good. Hopefully, we can take impact investing mainstream one day!”

Winter 2016


Jocelyn Matyas is a Winter Associate for the Business Development team. She received her master’s degree in Globalisation, Business and Development from the Institute of Development Studies (IDS) in the United Kingdom. Prior to the apprenticeship, Jocelyn explored her interest in market-based approaches to development as a research assistant at IDS and consultant for the Building Effective and Accessible Markets (BEAM) Exchange. She believes that innovation and collaboration are key to improving livelihoods worldwide and, thus, is passionate about connecting people across sectors and spheres to develop sustainable solutions for today’s most pressing issues.

“I am beyond excited to have the opportunity to explore impact investing on an international scale firsthand with IIX, a true pioneer and visionary of this sector!”


Jamie Tan is a winter apprentice for the IIX Corporate Finance team. She is a penultimate student in NUS, double majoring in Accountancy and Finance. Jamie has recently developed a strong inclination to the meaningful idea of impact investing, and wishes apply the knowledge in her field to generate sustainable positive impact in society. She has also previously interned at EY in the financial services assurance department, and hopes to gain more exposure in the finance field through Asia IIX.

“I am excited to be involved in such a meaningful process where finance integrates with impact investing. I look forward to contributing and learning more from IIX!”

Fall 2016


Matthew Hou is a fall apprentice working with the IIX Corporate Finance team. He is currently pursuing a degree in Accountancy in the National University of Singapore. Matthew strongly believes in the power of finance to transform lives and has been heavily involved in social entrepreneurship during the past few years. He has also led two overseas social trips, one to Dali, China and another to Pathein, Myanmar. During both trips, the teams taught a number of skills such as Microsoft Excel, English and Leadership classes. Matthew hopes to further boost his technical expertise and learn about the impact enterprise scene in Asia through his experience in IIX.

“It’s an honour to work with the IIX team. I’m really excited to be able to contribute and learn in my time here!”


Marie Henneburg is a Fall Apprentice for Business Development team. Marie studied English and American Literatures and Economics at Middlebury College. She previously interned at EcoEnterprises Fund, which provides growth capital to sustainable businesses in Latin America. EcoEnterprises and IIX both prove that our financial systems can better support our environmental and social ones. Marie hopes to share their successes, generate further enthusiasm about the space, and play some small part in carrying out IIX’s mission of pushing impact investing from the margins to the mainstream of finance.

“I’m deeply appreciative of this opportunity to learn from the IIX team as they build and shape Asia’s social enterprise space.”

Summer 2016


Celene Qian is a summer apprentice with IIX Corporate Finance team. She developed interests in impact investing during her postgraduate study in LSE. Although majored in finance, her passion in exploring various cultures and arts motivated her to become a TED volunteer and a backpacker. She believes that finance is a power tool, which can be used to help address challenges such as climate change and resource constraints. She is keen to learn how innovative financial solutions can be applied to the social enterprises, expediting their development and scaling the impacts.

“I feel privileged to join IIX and to experience how finance serves as a powerful tool to help the impact enterprises grow.”


Adam Searle is a Summer Analyst at Shujog and IIX, working with the advocacy and business development teams on both the Women’s Livelihood Bond and IIX Impact Institute. Having recently graduated in Ecological and Environmental Sciences from The University of Edinburgh, Adam’s research interests lie in where sustainable development and the environment converge. Whilst at Edinburgh, he was a committee member and communications officer at Edinburgh Global Partnerships, a charity which coordinates community-initiated development projects in Africa and Asia. After being scouted on the street in 2013, he has worked as a high-fashion model internationally, working regularly in Paris, Milan, New York, and London. Adam will be starting a MSc programme in Nature, Society, and Environmental Governance at the University of Oxford this October.

“IIX and Shujog are both innovative, exciting, and truly meaningful places to work and learn. I’m very grateful for the opportunity to be part of such a pioneering team in an emerging market.”


Brian Costa is a summer apprentice for the Business Development and IIX Growth Fund teams. He is a rising senior at Princeton University studying economics and plays for the varsity soccer team. Brian writes for the Princeton Public Health Review, a student-run publication designed to showcase the outstanding global health research performed by Princeton University undergraduates, and works as a Peer Health Advisor on campus. Brian took part in a service-learning program in Vietnam called Coach for College, where he observed some of the challenges that underprivileged Vietnamese children faced growing up. Brian joined IIX because he believes in the organization’s mission – bringing finance and development together through impact investing.

“I am very excited to be part of IIX as the organization has a strong focus in scaling positive impact through impact investing.”


Sola Park is a summer apprentice at IIX for the Business Development team. She is a rising Junior at the University of Pennsylvania pursuing a Bachelors of Arts in Philosophy, Politics, Economics and a Masters of Science in Nonprofit Leadership. She is passionate about social impact, especially in the areas of education, poverty alleviation, and international development. She first became interested in impact investing because it is a space in which she can not only pursue her initial passion of civic engagement but also think strategically about pressing problems. Through IIX, she hopes to gain the skills and knowledge needed to be an effective and creative social change maker.

“I’m looking forward to contributing to IIX’s work in the growing field of impact investing, which plays on the intersection of finance, innovation, and development to create social change.”


Arti Srivastava is a summer apprentice for the Business Development team. Arti is currently pursuing her Masters in International Economics and Development at Johns Hopkins University, SAIS. Prior to this, she was working at the Development Bank of Singapore as part of their Graduate Program with roles in Wealth Management. She also interned previously with Duxton Asset Management (part of the Deutsche Bank Group) as a Private Equity analyst. She has an undergraduate degree in Economics from the National University of Singapore and is an active volunteer with Milaap, an Indian microcredit organization.

“I look forward to learning about Impact investing at Shujog and IIX and contributing as much as I can during my apprenticeship here!”


Jeremy Soh is a summer analyst for the Corporate Finance team. Currently an undergraduate in the National University of Singapore (NUS) Business School, he led the NUS Investment Society as Vice President, and had previously completed an internship with Aberdeen Asset Management Asia. Jeremy enjoys volunteer work and has been actively involved in the scene, from regular visits to elderly homes, to organizing overseas mission trips to Cambodia and Batam. Impact investing allows him to concurrently pursue both his passions of social work and investing.

“In today’s world where impact and ethical investing is on the rise, I feel extremely privileged to work with IIX in supporting impact enterprises.”


Yulan Shen is a summer apprentice for IIX’s Corporate Finance team. He is currently an undergraduate pursuing the double degree in Business Administration (Finance) and Industrial and Systems Engineering (ISE) at National University of Singapore (NUS). As a student, Yulan has been actively involved in social outreach efforts and helped more than 50 children in rural Guizhou, China through organising and participating in the mentorship programme with Yutong Official Charity Group. Prior to IIX, he interned at Start Up Nation (SUN), which provides seed to angel stage funding to startups in Asia. He is passionate about changing the world for good in a socially responsible way.

“I believe that impact investment will scale up unprecedentedly in the near future and yes, I want to be a catalyst for part of the change.”

Spring 2016


Nicholas Ng is a recent graduate of INSEAD business school in Singapore. After travelling to India and Bangladesh last year, he developed a passion for helping development organisations innovate to create greater opportunities and impact for emerging markets. Prior to graduate school, he was a management consultant at Accenture in New York, Washington DC, Hong Kong and Kuwait. Nick is also an alumni of the Accenture Development Partnerships program. An avid marathoner and traveller, Nick has completed 4 marathons and visited over 50 countries.

“I am thankful for the opportunity to work at IIX and seek to understand and contribute to the ways we can impact and create opportunities for the developing world.”


Sarthak Luthra is a spring apprentice for Business Development and Advocacy team. Sarthak is a candidate of MPP at Lee Kuan Yew School of Public Policy, National University of Singapore. Born in New Delhi, India, Sarthak is a passionate policy analyst, and carries a dynamic working experience in policy advisory and advocacy in the field of development finance. Prior to MPP, he was working with FINO PayTech and ACCESS Development Services, in the field of financial inclusion and advisory solutions. He was in charge of developing business strategy and advocacy platforms for policy informing and policy influencing. Sarthak was also involved in innovative and strategic alliances with various stakeholders such as UN, The World Bank, IFC, and BMGF. Sarthak also holds MSc in Economics and International Financial Economics from University of Warwick, United Kingdom and a B.A. (Hons.) Economics from University of Delhi, India. Sarthak aspires to leverage his expertise and knowledge to create sustainable and innovative policy solutions in development projects across sectors.

“IIX is a great platform for young minds to nurture and get a hands on experience on Impact Investment strategies. As an apprentice, I envision to acquire technical and business skills under thought leadership and mentorship that will help me bring a substantial value addition towards innovative financing and economic development. ”


Alexander Chan is a winter analyst for the Corporate Finance team. He is currently a 1st year student pursuing double bachelor degree in Commerce and Law (LLB) at The University of Sydney. Alexander has previously competed and placed in the Chartered Financial Analyst Investment Challenge Melbourne where he contributed and presented an investment thesis on an ASX listed company. Alexander is passionate about the role finance has to play in bring upcoming niche technology to market; especially in the education and healthcare. In his spare time, Alexander enjoy debating and is a volunteer adjudicator for the Debaters Association in Victoria where he grades inter-school debating for secondary school students. Alexander also enjoys travelling and planning to go to North Korea next year.

“I would like to thank everyone at the IIX & Shujog for the opportunity. I am looking forward to learning more about impact investing and understanding the different methodologies to value social enterprises.”


Soyeon Shin is a spring apprentice for the Business Development team. Soyeon is a candidate of MBA National University of Singapore in 2016. Prior to MBA, she has been working for the Korea International Cooperation Agency (KOICA), the development aid agency of the Korean government, for last eight years. While working in KOICA, she had an opportunity to work in Dar es Salaam, Tanzania, as a deputy country director, for two years from 2009 to 2011. She was in charge of making innovative and strategic partnership with various stakeholders as well as managing development projects and making policy/strategy of KOICA.

“As an international development aid worker of a donor side, I am delighted to have opportunity to work with an innovative partner who makes a real positive impact on Asia. I am sure that this gives me another chance of making synergy for greater impact.”


Claire Lexa is a spring apprentice for Business Development and Advocacy team. As a Franco-American born in Germany and raised in France, Claire is an avid enthusiast of international environments and attracted to diverse working cultures. Currently studying a BSc (Hons) in International Management at Warwick Business School in the United Kingdom, she has developed a strong interest for sustainable cities and socio-economic development. Engagement work with an Asia-based philanthropy advisory platform has spurred her to pursue involvement within the impact investment space. Claire aspires to leverage knowledge gained through internships within the banking and consulting industries to projects bringing social and environmental advancement.

“Big changes most often come from small groups of individuals sharing commonly enlightened ideas and ambitions. I deem myself incredibly fortunate to be able to work along side such individuals, and look forward to contributing to the improvements IIX seeks to bring among Asian social enterprises.”

Winter 2015


Aaron Kurzak is a winter analyst for the IIX Growth Fund team. He is a member of the inaugural class of Yale-NUS College, where he is pursuing a degree in Philosophy, Politics and Economics while working as a research assistant in the social sciences division. Aaron worked at the Solar Energy Research Institute of Singapore (SERIS) prior to joining the fund. He will join IBM as a summer consultant next summer and plans to enter the German diplomatic corps.

“As a believer in the power of impact investing, which will revolutionise the way we tackle environmental and social obstacles, I look forward to studying how the Growth Fund is built and can affect change.”

Jia Yun

Toh Jia Yun is a winter analyst for the Corporate Finance team. She is currently pursuing an honors degree in Accountancy & Finance at the National University of Singapore. Jia Yun has previously interned in an audit firm and was a summer analyst in Standard Chartered under the Transaction Banking division. She is interested in mission-related investing, financial innovation and sustainability.

“It is a privilege to be given the opportunity to learn more about impact investing and be part of this social value creation. I look forward to seeing how positive impact and change can be effected.”


Guiyan (Gwen) Wu is a winter and spring apprentice working with the IIX Business Development and Corporate Finance teams. She is pursuing an honors degree in Bachelor of Business Administration (BBAHons) in the National University of Singapore (NUS), majoring in Finance. Prior to working with IIX, she has gained experiences in business development and operation with a tech start-up in the private education industry. She has also practiced business evaluation and financial modeling from doing equity research in school and just sat for the CFA Level 1 Examination in December 2015, waiting for results. Aside from work and study, Gwen is an active and fun-loving person who practices and teaches yoga regularly. She loves to read, travel and learn foreign languages.

“Right from the start of my apprenticeship with IIX, I have been given real responsibilities in projects and gained much new understanding and insights in the space of impact investment. I am truly grateful for the opportunities to work closely and learn from my experienced teammates.”


Jiayu Li is a winter analyst for the Corporate Finance team. She is currently pursuing an honors degree in Business Administration (Finance) at the National University of Singapore. Coming from an entrepreneurial family, she has experience working in a local SME. Previously, she has worked on an expansion project whereby she contributed to the procurement plan through market analysis and customer profiling. As a strong believer in education, she has spent a winter teaching English in orphanages in Bucharest, Romania. She seeks to use her business and finance skills to better serve the global community. She enjoys reading in her free time.

“In her viral essay ‘The Opposite of Loneliness’, Yale senior Marina Keegan encouraged the younger generation to ‘make something happen to this world’.  At IIX, I am grateful for the opportunity to be involved in creating an impact on our society from day one. I want to learn more and do more, and continue making something happen to this world.”

Fall 2015

zachZack Tan is a fall analyst for the Corporate Finance team. He is currently pursuing an honors degree majoring in Economics at the National University of Singapore. He previously interned at YTL PowerSeraya with the Corporate Finance team, and as a financial service consultant in Pinnacle Financial Services. He is also the Managing Director of OdeonOne Pte Ltd, a start-up company on fashion trading. In his free time, Zack would volunteer at the Riding for the Disabled Association, an association that provides free horse riding therapy to children and adults with disabilities in Singapore. He is passionate about sports and loves to travel around the world.

“It is amazing to be working with such a passionate team that is so concerned about creating positive social value. I have great respect for what they are doing and I’m very appreciative of this opportunity.”

karaKara Bethany Liu is a fall analyst for the Corporate Finance team. She is currently pursuing an honours degree, majoring in Economics at the National University of Singapore. She previously interned at KPMG in Singapore and FirsTrust China Ltd, a boutique investment bank in Shanghai. She volunteers weekly at Singapore’s Meet-the-People sessions, assisting residents through giving advice and writing petition letters on behalf of a Member of Parliament. She enjoys traveling in her free time.

“I’m grateful to have the opportunity to work with enterprises with a social impact, and hope that I can incorporate more than just a monetary incentive in whatever company I work for in the future.”

xuan yingTan Xuan Ying is a fall analyst in the Business Development Team. She is a final year student at the National University of Singapore, currently pursuing an honours degree in Economics. She was previously a research intern in the International Affairs Division of the National Youth Council of Singapore, and have written a research paper that identifies the issues of migrant workers to be published in a journal under the Chua Thian Poh Community Leadership Programme in NUS. She is passionate about economic and social causes, especially on issues related to migrant workers, that led her to organize a full-fledged fundraising concert with HealthServe coupled with fringe events, which involved medical officers, migrant workers and volunteers coming together as one to raise awareness for the migrant community in Singapore. She enjoys playing the guitar and the piano.

“I’m thrilled to learn about the combination of capital markets with the creation of social impact, and am excited to pick up useful skill sets from the Biz Dev Team at IIX as they engage in various innovative efforts to create greater impact in Asia.”

Summer 2015

ChloeChloe Chua is a summer analyst on the Corporate Finance team. She was in the humanities scholarship program in junior college and is currently pursuing an honours degree in accountancy at the National University of Singapore. She has previously interned with SPRING Singapore –a government statutory board that helps Singapore enterprises grow– and with Deloitte. She has also spent two months in India at a microfinance research institute working with the livelihoods unit on products and programs for the poor. In NUS, she was treasurer of the mountaineering club and part of a team that ran a café that served as a space for the mentally disabled and the public to interact. She is interested in social innovation and sustainability.

“I am grateful for the opportunity to learn more about impact investing and to be part of an organisation passionate about effecting change.”

JongminJongmin (Chris) Jeon is a summer analyst for the corporate finance team. He studies PPE (Philosophy, Politics, and economics) at University of Pennsylvania and a co-leader on a Penn Microfinance project team. He has previously worked as a research assistant at University of Pennsylvania and Deloitte Consulting. After developing an interest in the field of private-sector social impact and Corporate Social Responsibility, he worked for a social enterprise, InnoCSR, in South Korea as a business strategy intern. He has also served in the Korean Army for 2 years. He loves to travel around the world, watch and play sports, and do a little jamming with his guitar.

“I’m thrilled to work with such a dynamic and passionate group of people on the same goal of effectively delivering greater good to the society.”
JongminAkira Morita works as a Summer Associate with IIX’s Capital Markets team, supporting work on the Women’s Livelihood Bond. He is currently an MBA student at INSEAD in France and Singapore. Prior to INSEAD, he was a corporate banker at Citigroup Tokyo covering multinational corporations. He is passionate about impact investing, financial innovation and social impact in emerging markets.

“I’m thrilled to be a part of the IIX team and to work on pioneering projects that help to expand the impact investment ecosystem in Asia through innovative financial solutions.”

MarkRadhika Ramachandran is working as a summer apprentice in the Business Development team for IIX. She studies International Development in King’s College London. She has previously worked the British Museum, the London Canal Museum and the Archaeological Survey of India. She’s interested in understanding the major obstacles to development and is excited to see how IIX and Shujog are making a difference in both the finance and development space.
“I’m excited to see how creative solutions to developmental issues can be implemented through impact investing”

MarkPaul Rataul is a final year student at the University of Auckland, New Zealand, majoring in Finance, Economics and International Business student. This summer, he will be studying on exchange at the National University of Singapore. As Co-President of Auckland Microfinance Initiative in 2014, Paul led pro-bono consulting partnerships with numerous microfinance organisations around the world, and launched a microfinance fund. He spent last summer as an investment banking analyst at Bank of America Merrill Lynch in Sydney, and has interned at Booz & Company (now called Strategy&) as a winter consultant. Paul is passionate about leveraging his business and finance skills for the betterment of society, on a global scale.

“I am convinced that impact investing holds the key to unlocking the potential of the poorest and most vulnerable around the world. As part of the Business Development team at IIX, I am excited about helping social enterprises create immense impact.”


Tammy Tan is a summer analyst on IIX’s Business Development team. She is currently a student at New York University, Stern School of Business, where she is studying Finance, Marketing, and Social Entrepreneurship. Passionate about leveraging her finance skillset to address social issues, she joined 180 Degrees Consulting (NYC) as an associate consultant, where she continues to consult pro-bono for local social enterprises. Additionally, she has worked with organisations such as Soko (NYC), an e-commerce platform that leverages mobile technology to connect Kenyan artisans to the global online market, and OCBC Bank (SG). Whilst studying abroad in Prague, she interned at the Central European Advisory Group, a multidisciplinary legal and business advisory firm. She loves to map out her travels using her trusty GoPro, and is deeply passionate about black & white film photography and beautiful web design.

“I’m excited to learn about capital markets through a different set of lens, and to be at the forefront of developing innovative and practical solutions that create social impact!”


Mark Zhang is a summer analyst in the Business Development team. He currently studies Behavioral Economics at Princeton, where he spends most of his time at cafes setting up dinner parties, keeping track of who is coming to campus to speak that week, and completing reading & problem sets for class. He also co-leads AdvertiseThis, a 600+ member marketing and branding organization, heads AdThis’ non-profit consulting branch and consults on alternative revenue strategies for the trustee board of The Daily Princetonian. Despite his interest in economics, finance and consulting, Mark considers social impact to be his number one goal, and hopes to combine some iteration of his three interests to make the world a better place.

“IIX pretty much does exactly what I wanted to do in high school, so I’m incredibly thrilled to be in a position to help SEs in SE Asia grow, and I’m astounded by the chance to work with some many brilliant people”

Spring 2015


Varun Khullar is a Spring Analyst Apprentice with the Business Development team, working with IIX and Shujog. He is currently a student at the University of Warwick, where he is studying for a BA in Modern History. He has previously had internship roles at Deutsche Bank and law firm Linklaters LLP. Varun became more aware of the work of social enterprises in his first year at university, seeing first hand the benefits of programs in the UK such as Third Space Learning. Passionate to further this enquiry, he came across IIX and Shujog when looking for internships as well as through his interest in social development in the region. He is passionate about development and equality in education. Through this apprentice program, he hopes to gain knowledge on the process of funding social enterprises, as well as the potential positive impact of such endeavours. Later this year he hopes to volunteer in the Druk White Lotus School in Ladakh and go trekking in the Himalayas. In his spare time, Varun enjoys watching and playing football, reading, playing poker and film.

“I look forward to to learning more about how to make a positive social impact on our society”

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