FT/IFC Investing in Climate Business Forum
 
 
 
Khawaja Aftab Ahmed
EMENA Director
IFC

Khawaja Aftab Ahmed is a development banker and has been in the industry for 24 years. He is credited with putting IFC on the map in the MENA financial sector, with IFC Financial Markets commitment volumes in MENA increasing from USD 50-60 million per annum in FY04, to USD 1.0 billion in FY10. Similarly, IFC’s financial market portfolio in MENA has increased from about USD 150 million to over USD 1.5 billion during this period.

In his capacity as Director for MENA, Mr Ahmed manages a large Financial Markets and Private Equity team throughout a number of country offices. He manages annual new business of about USD 3.5 billion and a portfolio of over USD 6.0 billion, spread over 45 countries. He was also instrumental in promoting Islamic Finance transactions in IFC, and has developed a significant portfolio and pipeline of Sharia-compliant projects in Housing Finance, Sukuk, Modarabah, and more.

Prior to joining IFC, Mr Ahmed spent 10 years in the development banking sector. He has a degree in Mechanical Engineering, an MBA and an LLB.

 
Sinan Ak
General Manager
Zorlu Energy

İ. Sinan Ak was appointed as General Manager of Zorlu Enerji Elektrik Üretim A.Ş, in January 2012, having previously served as Assistant General Manager responsible for Financial Affairs at Zorlu Enerji Elektrik Üretim A.Ş.


Previously, Mr Ak was a Finance Manager at Vestel Communications from 2002 to 2006, having also been a Finance Supervisor at Vestel Communications from 2000-2002.


Mr Ak graduated from the Department of Management Engineering at Istanbul Technical University in 1995. He began his professional career as an investment speacialist at Evgin Securities, and later completed his MBA at the Old Dominion University in the US.  
 
Vipul Baghat
Chief Investment Officer
PPP IFC
 

Vipul Bhagat is Chief Investment Officer in the Public-Private Partnership (PPP) Advisory Services Department in Washington, DC, and is responsible for strategic sectors, including climate friendly projects.  


Mr Bhagat has relocated after living in Asia for over 10 years, most recently as Regional Head for PPP Advisory Services in South Asia (based in India), where he successfully launched and significantly grew the business advising Governments in the region on PPPs in infrastructure and social sectors, and facilitating investment flows for projects.


He has been engaged in extensive operational work in infrastructure portfolio, advisory activities, financial sector investments, private sector investment banking, consulting and finance operations. Previously, he was also Country Manager for the Philippines and Thailand.


Mr Bhagat holds a Masters degree in Business Administration from the Wharton School of the University of Pennsylvania and a Bachelor’s degree from the American University, Washington, D.C. He is also a designated Chartered Financial Analyst, and a Certified Public Accountant.

 
Naty Barak
Chief Sustainability Officer
Netafim
 
Naty Barak is the Chief Sustainability Officer of Netafim, a pioneering firm  and the world-leading provider of Drip Irrigation solutions. Netafim is the largest player in the global irrigation industry, with 17 manufacturing facilities in 13 countries, 30 subsidiaries, and a strong global distribution network across 110-plus countries.
 
Mr Barak has been with Netafim since 1975 and was previously the Director of Marketing, Executive VP of Netafim USA, President of Netafim South Africa, Treasurer and more. He studied International Relations and Political Sciences at the Hebrew University in Jerusalem, and is a graduate of the Executive Management Programme at the Recanaty Business School, Tel Aviv University.
 
Mr Barak serves of the steering committee of the United Nations’ CEO Water Mandate, and is a member of Kibbutz Hatzerim in the southern Israeli Negev desert. He serves on the Kibbutz board of directors, the kibbutz management committee and the kibbutz economic committee. 

 
Dr Oliver Behrend
Deputy General Manager
E. ON Masdar Integrated Carbon Ltd.

Oliver Behrend has 15 years of business development, commercial structuring and general management experience in the gas and power, renewables and carbon industries.


Mr Behrend spent 10 years in the Royal Dutch Shell group in varying roles, mainly working on large-scale structured gas transactions in Europe, quantitative analysis, M&A and corporate restructuring activities before moving to China to head Shell Renewables in Asia. He then lead Arreon Carbon, one of the most successful carbon developers in China, before co-founding E.ON-Masdar Integrated Carbon Ltd (EMIC), a company that develops and invests in supply-side energy efficiency projects in the industrial and power sectors. Mr Behrend holds a Ph.D., Physics from the University of Edinburgh.
 
Orhan Beşkök
Senior Executive Vice President
TSKB

Orhan Beşkök is currently responsible for the Project Appraisal, Evaluation and Financial Institutions Division, which includes the Financial Analysis, Economic Analysis, Engineering Analysis and Financial Institutions.


Mr Beşkök graduated from the Central London Polytechnic University (Department of Economics), after which he completed a Master’s degree in Economics at London School of Economics.
 
Axel Busch
CEO
Vaillant Group Turkey

Dr Busch studied Industrial Engineering Management at a German University. He also holds a Master’s degree in Business Administration and completed his doctorate in supply chain management at Germany’s internationally famous Fraunhofer Institute.


Dr Busch has  worked for Vaillant Group since 2003 and  before being assigned to Turkey, he was the Vaillant Group’s Strategy Director. Among his many tasks during 10 years with the group, Dr Busch has been responsible for the Group’s international air conditioning business unit located in Bilbao, Spain and he played a major role in establishing the production plant in Trencin, Slovakia. He has also coordinated the Product Management  interface between Sales and  R&D. Since 2010, he has reported directly to the Vaillant Group CEO.

 
James Cameron
Non-executive Chairman
Climate Change Capital

James Cameron is non-executive Chairman of Climate Change Capital, and also the Chairman of the Overseas Development Institute (ODI), and a member of HM Treasury's Infrastructure UK advisory council.


Mr Cameron  also serves as a member of GE's ecomagination board, is Vice-Chair of the World Economic Forum's Global Agenda Council on Measuring Sustainability and their Advisory Board of the Global Competitiveness Index.  He served as a member of the UK Prime Minister's Business Advisory Group (2010 - 2012), and was also a member of Pepsico UK's advisory board (2010-2012).


He is also an advisor to the Climate Bonds Initiative, a trustee member of the UK Green Building Council and was a member of the Green Investment Bank Commission. He is currently a member of the UK Prime Minister’s Corporate Responsibility Advisory Group.


Prior to CCC, Mr Cameron was Counsel to Baker & McKenzie and was the founder and the head of their Climate Change and Clean Energy Practice. He has spent much of his legal career working on climate change matters, including negotiating the UNFCCC and Kyoto Protocol as an adviser to the Alliance of Small Island States. As a barrister he appeared in several of the leading cases in international and environmental law.


Mr Cameron has held academic positions at Cambridge, London, Bruges, Sydney and Yale.  He was educated at Windlesham House, Stowe School, University of Western Australia, University College London (LLB), Queens’ College, Cambridge (LLM), and Inner Temple (called to the Bar 1987). 
 
Dimitra Chistakou
Head of Water Services
Bloomberg New Energy Finance

Dimitra Christakou is the Head of Water Insight Services at Bloomberg New Energy Finance where she is responsible for the product’s overall strategy and direction, and leads a global team of water analysts.


Ms Christakou previously held positions at Thames Water, Accenture and the Corporate Finance Practice of the Corporate Executive Board. She has extensive experience working with senior executives in the water and energy sectors, leading investment strategies for international utilities and major performance improvement projects.


She received her Bachelors degree in Physics from the University of Crete in Greece and she holds an MSc in Environmental Technology from Imperial College of London and an MBA from London Business School.
 
Lorena Ciciriello
Head of Renewable Energy, Structured Finance Department
Sumitomo Mitsui Banking Corporation Europe Limited

 
Lorena Ciciriello has over 13 years of experience in the Project Finance market and she is currently the Head of the Renewable Energy team in the EMEA Region.
 
Ms Ciciriello has worked for SMBC since 2006, both in London and Milan, and had previously spent 5 years at Veolia Environment where she was in charge of the development and management of PFI/PPP projects in Italy. Before joining Veolia she worked for the Italian Government at the Economic Ministry, Project Finance Technical Unit (UTFP) as financial advisor to the public sector on the implementation of PFI/PPP projects.  
She has an extensive experience in the Renewable Sector having worked in the structuring and financing of more than 40 transactions in the solar and wind sectors during the last 6 years, including 500MW CSP projects, 1.4GW wind projects and 200MW of solar PV projects.
Ms Ciciriello holds an MSc in Economics from London School of Economics and an Economics degree from the University of Hertfordshire.

 
Pilita Clark
Environment Correspondent
Financial Times

 

Pilita Clark was appointed Environment Correspondent in May 2011, having previously been the Aerospace Correspondent and Deputy News Editor on the main news desk at the Financial Times, and then Deputy Editor of the FT Magazine.
 
In her current role Ms Clark covers all environmental issues, from climate change to wildlife and renewable energy, but has a particular focus on the impact of low carbon policies on businesses and investors.
 
Before joining the FT in 2003 as a Commissioning Editor on the FT Magazine, Ms Clark was a Senior Writer for the Sydney Morning Herald, where she was a Political Reporter in Washington DC and Canberra. She was also Managing Editor of The Eye news magazine in Sydney, and a Nieman Fellow at Harvard University.

 
Daniel Dombey
Turkey Correspondent
Financial Times

Daniel Dombey is the Financial Times's Turkey Correspondent, based primarily in Istanbul. Mr Dombey started writing for the FT in Mexico in 1995 and before moving to Turkey for his current role, he spent four years in Washington as the FT’s US Diplomatic Correspondent.


Mr Dombey has covered diplomatic beats for the FT in both London and Brussels, where he first got to grips with issues such as Turkey’s European Union bid, Iran’s nuclear programme and Nato's role in Afghanistan. During five years in the Belgian capital, he also covered a series of other areas, including EU foreign policy, competition policy and efforts to agree on a European constitution.


He has an MPhil in Latin American Studies from Cambridge University and a BA in Politics, Philosophy and Economics from Oxford University.
 
Serkan Elden
Managing Partner
capitAlinka investments

Serkan Elden currently leads capitAlinka, an Istanbul-based investment management firm which is focussed on emerging markets. He is a Board Member of Ulusal, a growing Turkish financing firm focusing on SMEs, which he brought to investment grade in February 2012, and carried to the capital markets via series of bond offerings in 2012 and 2013.


Mr Elden previously managed one of the largest wireless telecom businesses in Eurasia with US$1.5 billion investments under management, and in the mid-90s he penetrated AIG’s PE funds to Turkey, the Caspian and Central Asia. He carried his investments to international listings: Burren Energy Plc to London in 2003, and Galatasaray to Istanbul in 2002. Before this,  he was a Senior Investment Manager at the US Government’s Enterprise Fund.


Mr Elden holds an MBA from University of North Carolina and a BSc in Electronics Engineering from Hacettepe University. He is a Board Member of the AmCham Turkey and a life-time member of the NY-based American-Turkish Society, as well as Vice Chairman of China Institute Turkey.
 
Emad Z Elsewedy
Chairman
Elsewedy Electrometer Group EMG

Emad Elsewedy is a business entrepreneur with more than two decades of executive experience in manufacturing, new products development, business development, global strategies, as well as corporate restructuring and building a multinational enterprise.


Mr Elsewedy started his career by joining the family business as a Production Engineer at El Sewedy Cables Co., and was then promoted to become the Planning Manager and later the Plant Director. He developed new production techniques and led the implementation of an automated system for both order processing and manufacturing processes, which dramatically improved the company’s efficiency.


In 1995, Mr Elsewedy moved to a sister company El Sewedy Electrical Supplies Co. as the Vice President-Business Development, where he successfully developed new lines of business, and also managed a loan from the International Finance Corporation (member of World Bank group) to finance the introduction of energy saving lamps in hotels and department stores in Egypt. In 1998, he founded El Sewedy Electrometer Egypt to address the market demand for high quality utility meters, and he is credited with growing the company’s geographical foot print in Africa, Middle East, India, Europe and Americas, to position it among the top 10 metering companies globally.


He is the Chairman of the Egyptian-Czech business council, the Chairman of the Egyptian-Brazilian business council and a board member of the Entrepreneurship & Innovation council at the School of Business, The American University in Cairo. In 2009 he received an Award of Achievement from the President of The American University in Cairo.


Mr Elsewedy graduated from The American University in Cairo, with a Bachelor’s degree in Mechanical Engineering in 1988. 
 
Anastasia Gekis
Senior Strategy Officer
IFC

Anastasia Gekis is a Senior Investment Officer in the Manufacturing, Agribusiness and Services Group within IFC.  She is currently involved in investments in support of the climate change agenda within manufacturing, agribusiness and service, with a focus on the renewable energy supply chain.  Anastasia has also worked in the Tourism, Retail and Property sector group on transactions in Latin America and the Caribbean, Central and Eastern Europe, and Sub-Saharan Africa and has worked on strategy and budget for the manufacturing and services group in IFC.  Anastasia, a trained economist, joined IFC in 2003, working initially in the Economics Department and then transferring to the South Asia region as a Regional Economist, covering India, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives before joining the manufacturing and services group in 2006.  Prior to joining IFC, Anastasia worked for USAID, for a derivatives brokerage in London and for ABN Amro Bank in South Africa.
 
Stephen Hammer
Lead Urban Specialist - Cities and Climate Change
The World Bank

Stephen Hammer specialises in energy, environmental, and climate change topics, viewed from a city perspective.  Prior to joining the World Bank in 2013, he was a member of the faculty at MIT's Department of Urban Studies and Planning (DUSP), where he taught courses on a variety of energy policy topics.  Prior to that, he taught at Columbia University’s School of International and Public Affairs, where he founded and directed the Urban Energy Program; at the Milano Graduate School of Urban Affairs; and at the Pratt Institute.

In addition to his teaching, Dr Hammer regularly consulted with governmental and non-governmental organisations, including the OECD, the Lawrence Berkeley National Laboratory, the World Bank, and the JUCCCE Energy Smart Cities Initiative.  In 2007 he helped co-found and co-directed (until 2012) the Urban Climate Change Research Network (UCCRN), an international consortium of researchers interested in climate change from an urban perspective.  He also was previously a member of the Energy Policy Task Force advising Mayor Michael Bloomberg on matters germane to PlaNYC, New York City's long-term growth and sustainability initiative. 

Dr Hammer holds a PhD degree from the London School of Economics, an MPP from the Kennedy School of Government at Harvard University, and a B.S. from the University of California at Davis.
 
Peter Hoeppe
Head of Geo Risks Research/Corporate Climate Centre
Munich RE

Professor Hoeppe currently leads the Munich Re division, “Geo Risks Research/Corporate Climate Centre”, having joined the company in 2004.


Before his current role, Professor Hoeppe worked in different institutes at the Ludwig-Maximilians-University in Munich, and as a post doc at Yale University. He spent most of his university career at the Insitute of Bioclimatology and Applied Meteorology and  the Institute of Occupational and Environmental Medicine.


Professor Hoeppe’s main areas of research include the effects of atmospheric processes (heat/cold, UV radiation, air pressure fluctuations) and air pollutants (ozone, particles) on humans, and the general assessment of environmental risks. Currently his research focus is on trends of natural catastrophes and their drivers, and on climate change effects for the insurance industry..


He is a member of many scientific societies, and has held expert functions in different UN-Organisations. He is the Chairman of the Munich Climate Insurance Initiative, and is one of the founders of the Desertec Industrial Initiative, which is supposed to become the largest renewable energy project.


Professor Hoeppe is a member of several Advisory Boards like the OECD High Level Advisory Board on Financial Management of Large Scale Catastrophes,  the German Climate Service Centre, Max Planck Institute for Meteorology, European Academies Science Advisory Council on Adaptation to Extreme Weather, and he is a Board member of the Global Climate Forum (GCF).   

 
 
Roy Jakobs
CEO
Philips Middle East & Turkey

Roy Jakobs is a seasoned executive who has worked across several industries, in multiple countries and various executive roles, globally. Mr Jakobs has been in his current role since January 2012 and is based in Dubai.


After graduating in Business Administration and Marketing, both in the Netherlands and Italy, Mr Jakobs started his professional career at Royal Dutch Shell in the Netherlands where he held various management positions in Downstream Oil – retail – including managing a start-up of an unmanned price fighter, and as retail country manager of Portugal, Belgium and Luxembourg.


Following this experience in the oil industry, he transitioned into the publishing and media industry by joining Reed Elsevier. There he started as Strategy Director for the Science and Technology division to set direction for the print to digital transformation. In his next role as Managing Director for the Global Academic and Government markets Mr Jakobs turned this digital strategy into implementation abd in this role he held responsibility for serving the customers of this segment with innovative information solutions generating an overall turnover value of over $1.4 Billion topline.


Mr Jakobs later joined Philips Lighting as Chief Marketing Officer, a role in which he held responsibility for global marketing of the lighting business – including stakeholder management, strategy, sustainability and new business development - of lighting solutions in the fast changing lighting industry. In 2011 he was awarded the “Young Captain Award” in the Netherlands.
 
Nikunj Jinsi
Global Head, Clean Technology Investments
IFC


Nikunj Jinsi joined IFC in 2003 and heads IFC’s clean technology investment team globally, as part of its Climate Business Group. Mr Jinsi combines over 20 years of experience in various industry sectors having worked and lived in Europe, Asia, Latin America, the Middle East and the US. He blends operational, entrepreneurial, investment banking and over 17 years of emerging market private equity experiences, with unique global perspective on several industries.

At IFC, he has led over 25 growth equity investments, several of which have had successful exits, for which IFC acted as a (co-)lead, involving other leading private equity and strategic players, and has taken on board positions on several of IFC’s portfolio companies. He is also involved with IFC's LP investment programme for venture funds in Asia, Brazil and Russia, and sits on the Advisory Board of a leading (US$500mm) China venture fund.

Prior to joining IFC in Washington DC, Mr Jinsi spent nine years living and working in Asia. He was the Managing Director and Head of the Singapore office for one of Asia's leading venture funds where he managed the team making investments in South East Asia and India, and was also responsible for managing several Asian LP relations. He had previously spent 4 years in the Asian investment banking industry providing M&A and corporate finance services to clients throughout the region. In addition, he was the co-owner of South East Asia's largest independent marketing communications agency, with offices in Singapore and Kuala Lumpur, which was successfully sold to Omnicom (NYSE:OMC).

Mr Jinsi  started his career working for KPN Telecom in The Netherlands, having  obtained an MBA degree from Stanford University where  attended as a Fulbright Scholar, and an MSc. degree in Electrical Engineering, from Delft University of Technology, The Netherlands.

 
Dr. Riza Kadilar
Representative for Turkey
Natixis Pramex International SA

Dr Riza Kadilar is a scientific committee member of Institut du Bosphore (TUSIAD), President of the English Speaking Union (ESU) International Council, Founding Chairman of ESU Turkey, Chairman of the European Mentoring and Coaching Council (EMCC Turkey), Chairman of China Institute Turkey, Co-Founder of the Corporate Wellbeing Centre, Co-Chairman of HEC Alumni Turkey, Board Member of the Energy and Climate Change Foundation, mentor at “Ekokariyer.net”, Board Member at DEIK, Strategy Commission Head at TUGIAD, a Senator and International Training Fellow at JCI.  

 

Dr Kabilar’s past professional career includes senior level bank management experience in the UK, the Netherlands, and Turkey. He is currently representing Pramex International, the advisory services arm of Groupe BPCE, and also acting as Senior Country Manager for Natixis. In this role he specialises in Turkey, mainly in transportation, energy, infrastructure, commodities finance and structured capital markets solutions.

Dr. Kadilar is the author of a recently published book on carbon markets and carbon finance, creator of a web-based portal in the same field called www.lowcarbonturkey.com, and an editorial board member of “GTR: Global Trade Review”, a London based leading trade finance magazine.

He has a PhD in Economics. After graduating with a BSc degree at METU in Industrial Engineering, he obtained his MSc degree at Stanford University, and completed his MBA at HEC, Paris. He has also attended an executive management course in strategic bank management at INSEAD.
 
Greg Kats
President
Capital E

Gregory Kats is President of Capital E, a firm that invests in early stage cleantech/green firms, and works with cities, corporations and financial institutions to design and implement clean energy and low carbon strategies. Mr Kats serves on multiple boards, advises several VC firms, coaches cleantech CEOs, advises banks on scaling energy efficiency financing, and is Sustainability Advisor to CalPERS.  He previously served as Managing Director at Good Energies, a multi-billion dollar global clear energy PE/VC fund where he led investments in smart grid, efficiency and green buildings.

Mr Kats introduced and helped negotiate a $200 million strategic investment by St. Gobain in US electrochromic firm Sage, and he served for 5 years as the Director of Financing for Energy Efficiency and Renewable Energy at the U.S. Department of Energy. He currently serves on the congressionally established board guiding the greening of US federal buildings, and he is also a member of a National Academy of Science board guiding policy development to strengthen US global competitiveness.

Earlier in his career he served as Marketing Manager for Europe Middle and Africa for Reuters. He is a founder of the American Council on Renewable Energy (ACORE), and is also a founder of the country’s first green bank, and in 2011, was the first recipient of the US Green Building Council’s Lifetime

Mr Kats earned an MBA from Stanford University and, concurrently, an MPA from Princeton University on a Woodrow Wilson Fellowship, and is a Certified Energy Manager. He is the author of ‘Greening Our Built World: Costs, Benefits and Strategies’.

 
Elena Koritchenko
Head of Environmental and Social Compliance
Bank OTKRITIE OJSC

Elena Koritchenko is currently working as Head of Environmental and Social Compliance in The Bank OTKRITIE OJSC, one of the largest commercial banks in the Russian Federation. Ms Koritchenko has been responsible for development and implementation of the Environmental and Social management system (including E&S risk assessment) since its inception.

This bank is the first among the Russian FIs to adopt the Equator Principles which is regarded as a  clear sign of strong commitment to sustainable finance and responsible business practice. Moreover, the environmental risk management system implemented by the bank provides information on environmental and social effects associated with every corporate loan it provides.

Ms Koritchenko has a solid professional background based on 5 years working in E&S auditing and engineering consultancy,  dealing with large-scale investment projects onsite, including water, energy and environmental infrastructure, starting from innovative design idea and feasibility studies.  
 
Philippe Lorec
Head of the International Financings / Funds and Markets Interministerial Delegation for the Mediterranean Affairs
Prime Minister's Office, France

Philippe Lorec is in charge of international affairs and governmental negotiations and was previously Deputy Director General for Energy and Climate in the Ministry of Ecology Energy Sustainable Development and Town planning, from 2007 to 2013 (February).


Mr Lorec has been tasked by the French Presidency to manage the Mediterranean Solar Plan, which not only targets solar energies, but also aims to develop renewable energies (RE) and energy efficiency (EE) measures, whilst also reinforcing power grid interconnections and technology transfer in the Mediterranean region. It involves the participation of all member states of the Union for the Mediterranean, as well as corporates, investors, financial institutions and other organisations interested in the project.


Mr Lorec was previously Diplomatic Adviser (2005-2006) in the cabinet of two Ministries of Industry (Mr Devedjian and Loos), Adviser to the Chairman of the Direction of International and Economic affairs (2004-2005). Before this, he was the Programme Manager to the French Minister of Defense.


Mr Philippe Lorec is a Professor in International Relations at Sorbonne and Science Po, Paris. He is a Special Engineer from the “Corps de l’Armement“ and holds a PhD in Microelectronics (Jussieu, Paris).
 
Adil Marghub
Infrastructure Cluster, MENA Region
IFC
 
Stephanie Miller
Director, Climate Business department
IFC

 

Stephanie Miller is Director of the Climate Business Department which was created in 2010 as a collaborative platform to coordinate, catalyse and optimise all climate business activities within IFC on the investment and advisory side.  
 
Ms Miller joined IFC, a member of the World Bank Group, in 1993 and was initially based in Belarus where she managed various privatisation programmes. Over the course of her 19 year career with the corporation, she has held numerous positions in investment services including Manager of the Building Materials and Energy Efficient Machinery sectors.
 
Before her current role, she led the corporation’s climate work across all manufacturing and services sectors, bringing focus to energy efficiency opportunities in industrial sectors and to establishing a green buildings practice. Through her leadership, IFC’s share of climate-friendly business in this area grew significantly, reaching 23% of total new commitments in FY11.
 
Ms Miller had previously worked at the US Department of Interior on environmental and conservation issues. She holds an MA from the School of Advanced International Studies of The Johns Hopkins University, and a BA from the University of Wisconsin at Madison.
 
Richard Oduntan
Portfolio Manager,
Nephila Capital Ltd

Richard Oduntan is a Portfolio Manager with Nephila Capital Ltd, where he focuses on the firm’s weather and climate-linked risk transfer business. Dr Oduntan’s key responsibilities include origination, structuring and underwriting of risk transfer solutions linked to weather and climate risks, such as volumetric risk inherent in wind and solar projects.  

Prior to joining Nephila, he worked in the energy commodities industry from 2001 to 2008, focusing on different aspects of risk management, energy trading and quantitative analysis. He holds a Masters of Applied Science (2001) and a PhD (2008), both from the University of Waterloo, Ontario, Canada.

 
Paddy Padmanathan
President & CEO
ACWA Power

 

Paddy Padmanathan is a professional Civil Engineer with over 30 years of experience, and he has worked for ACWA Power since its early days as a start up company. It is now a leading developer of power and desalinated water production plants with a paid up capital of US$ 1.4 billion, operating in 8 countries, with a portfolio worth US$ 23 billion.
 
Mr Padmanathan started his career as a consulting engineer delivering infrastructure projects, and later moved on to develop privately financed power, water and wastewater projects. A substantial period of his career before ACWA Power was with Black & Veatch where he served as a Vice President and Corporate officer.
 
He is a graduate of the University of Manchester and serves on the board of directors of several companies, all operating in the water and power sectors.
 
Bernhard Raberger
CFO
Enerjisa

 

Bernhard Raberger is Chief Financial Officer of Enerjisa, a joint-venture by Sabanci Holding and E.ON, and Turkey’s largest privately-owned electric utility.
 
Mr Raberger has lived and worked in Istanbul since 2007, having joined Enerjisa as Executive Vice Chairman after he had successfully led Austrian utility Verbund’s entry into Turkey. He had previously been Director of Strategy and Corporate Development at Verbund, where he managed both restructuring and growth initiatives for six years, starting in 2001.
 
Earlier, he worked for the European Environment Agency and at the University of St Gallen in Switzerland. Mr Raberger graduated in Law at the University of Vienna and the University of Edinburgh, and holds an MSc in Environmental Change and Management from the University of Oxford.
 
Ari Raivetz
CEO
Organica Water

 

Ari Raivetz has more than 14 years of experience in finance, corporate strategy, marketing, and public and private equity investing. Prior to Organcia, Mr Raivetz was Head of Water Private Equity Investments for RNK Capital, a pioneering environmental investment firm with approximately $800M in assets under management. In this role, he lead a team responsible for transaction sourcing, due-diligence, structuring, divesting, and working with portfolio companies’ management teams. Mr Raivetz served as Chairman of the Board of Organica (2008-2011) and has served on the Board of Directors of various other RNK portfolio companies in the water sector. In addition, he has an extensive network of contacts throughout the water industry and related financial community. 
 
Prior to RNK, Mr Raivetz worked at Bank of America Securities as a Vice President and Senior Research Analyst covering the Oil Refining and Marine Transportation sectors.  He had previously spent four years working in corporate strategy, finance, and marketing roles at two venture-backed enterprise software companies, Verticalnet and Prescient Systems.
 
Mr Raivetz holds a Bachelor of Business Administration degree from the George Washington University and an MBA degree from Yale University’s School of Management.
 
Ennis Rimawi
Managing Director, Catalyst Private Equity and Chairman
Millennium Energy Industries

Ennis Rimawi is the Chairman of Millennium Energy Industries, and the Founder and Managing Director of Catalyst Private Equity (Catalyst,) which was launched in late 2006.


MEI has the world's largest EPC reference in solar heating and Catalyst is the Arab region's first specialised Energy and Water Technology (Cleantech) Fund. Its current portfolio ranges from solar solutions companies to specialised oil and gas efficiency tools companies, and it has also provided advisory services to SaudiAramco in R&D commercialisation.


Over the past 20 years Mr Rimawi’s' focus has been on technology business building, turnarounds, manufacturing, and investment structuring in the US and Arab region. He is the founder of ONEWORLD Software Solutions and led the turnaround of Estarta Solutions, which is partially owned by Microsoft and Cisco.


He is also the Executive Chairman of Millennium Energy Industries Limited, former Chairman of X3M International which was acquired by Aker Solutions ASA in November 2011, and a Director of Tercel Oilfield Products (UAE).  Additionally he is the Chairman of Catalyst Investment Management Company Limited, and the Chairman of Catalyst Private Equity Fund I Limited.


Mr Ennis is a graduate of MIT's Leaders for Manufacturing Fellows Programme. He has a BS in Engineering Systems ('91) MlT, an MS in Environmental Eng ('96) MlT, and an MS from the MIT Sloan School of Management ('96).
 
Jean Sacreste
CEO Russian and Baltic States
Dalkia

 
Jean Sacreste is President of Dalkia Eastern Europe, responsible for managing all of the Group’s activities in Russia and Baltic States.
 
The subsidiaries which are controlled and managed in Lithuania, Latvia, and Russia represent a turnover of approximately 350 million Euros and have a staff network of 1800 people.
 
Mr Sacreste hasworked at Dalkia for more than 25 years and since 1993 he has had a special focus on international operations, for which he was previously a Director, before moving to the Baltic States and then to Russia.
 
Robin Sandenburgh
Manager, Enviroment, Social & Governance Department - Europe, Middle East and North Africa
IFC

Robin Sandenburgh is based in Istanbul, where she manages the Environment and Social Development Group supporting IFC investments in EMENA.  Ms Sandenburgh is currently a Principal Environmental Specialist based in the Cairo office, where she oversees CES’s investment support to CME.

She joined IFC as a consultant in 1995 in the Harare (Zimbabwe) regional office and spent 10 years with IFC in Africa, before moving to the Delhi office in 2004,and then to the Cairo office in 2009. She has worked on investment projects in all industry sectors across Africa, South Asia and MENA. Throughout her tenure at IFC she has worked closely on issues related to climate change:  in 2006-07 she promoted and then led the development of the climate change agenda for IFC’s South Asia department and, in 2010, she co-chaired a joint advisory and investment team that mapped business opportunities linked to the availability of, and demand for, water in the Middle East and North Africa region.

Prior to joining IFC, Ms Sandenburgh had a 15-year career in the US and Africa as a consultant to private  firms, the US Environmental Protection Agency and other government agencies on a wide range of projects related to natural resources management, environmental remediation, community engagement, and climate change issues. She holds an A.B. in History and Sociology from Brown University, and a Masters degree in Public Policy Studies from the University of Michigan.

 
Dr Martin Sonnenschein
Partner and Managing Director Central Europe
A.T. Kearney

 

Martin Sonnenschein is a Partner with A.T.Kearney and has 13 years of consulting experience, with a focus on industrial growth opportunities and operational improvement.
 
Mr Sonnenschein has served as both Head of A.T. Kearney in Central Europe and was for many years the Global Leader of the Communications, Media and Technology Practice. Since December 2010 he has been a Member of A.T. Kearney’s Global Board of Directors.He has led numerous major global projects for clients in various industry segments and his passion for differentiation and scalable services led to the Global Cost Benchmark for telecomswhich has successfully supported major telecom groups on all continents to improve their performance.
 
He is responsible for some of the Firm´s most important clients.Prior to joining A.T. Kearney, Mr Sonnenschein had wide-ranging management experience that included the development of telecoms and internet business for a major industrial group, launching a satellite services company for a number of multinationals, and running a significant cellular business.He has been a key contributor to leading industry initiatives and think tanks. He is also a member of the Senate of the National Academy of Science and Engineering of Germany, and is a member of various supervisory boards. He is Co-Author of books such as Digital Value Networks, Ne(x)t Economy, Organic Growth and Customer Energy.Mr Sonnenschein holds a PhD in Economics from the University of Duisburg-Essen and a Diploma in Industrial Engineering from University of Karlsruhe.
 
Josué Tanaka
Managing Director Energy Efficiency and Climate Change
EBRD

 

Josué Tanaka is responsible for operational strategy and planning at the European Bank for Reconstruction and Development (EBRD), and he has led its Energy Efficiency and Climate Change activities since 2006, including the formulation and implementation of the Sustainable Energy Initiative. The initiative aims to improve energy efficiency and renewable energy financing in central and eastern Europe, and in southern and eastern Mediterranean countries, with cumulative EBRD investments of over US$14 billion, mostly with the private sector.
 
Prior to EBRD, Mr Tanaka worked at the World Bank where he was Special Assistantto the President, and he worked in different positions on strategic planning, tropical forest conservation and environmental financing matters.
 
He graduated from Princeton University with a Bachelor of Science in Engineering, and he holds a Master of Science and PhD from the Massachusetts Institute of Technology.
 
Vivek Tandon
General Partner
Aloe Private Equity

Vivek Tandon is an experienced international entrepreneur with an extensive background in growing technology companies.  Dr Tandon is the Founder and General Partner of Aloe Private Equity, an international group that develops and provides capital investment into companies with environmentally sustainable technologies with a particular focus on India, China and other South East Asian countries.  

He is currently the Chairman of the remuneration committee of Greenko Group (an Indian listed Renewable Energy company), Chairman of PerPETual Group (a revolutionary PET bottle recycling company), Vice Chairman of Allied Technology Group (a German based environmental company), and a Director of EnvironCOM (UK’s largest WEEE Recycler).

During his career Dr Tandon has co-founded a number of technology companies and has held several senior executive management positions including Managing Director (UK) of Viventures (a USD$700m Venture Capital Fund), CIENA, Kymata, British Telecommunications PLC and Motorola.  

In addition to his strong interest in the environment and social sustainability, Dr Tandon has a personal passion for development and social justice in Africa. He has a PhD from University College, London and a BSc in Physics from Imperial College.  He has also published numerous papers and has several patents.

 
Dominik Thumfart
Managing Director in Infrastructure and Energy Finance
Deutsche Bank

Dominik Thumfart is Head of Infrastructure and Energy Origination on the Capital Markets and Treasury Services platform of Deutsche Bank’s Corporate and Investment Bank. Deutsche Bank is a leading structurer and arranger of senior and mezzanine debt transactions with access to its own project finance loan book. The project finance team also selectively provides financial advisory and equity arranging services in the context of infrastructure and energy transactions around the world.


Prior to joining Deutsche Bank AG in November 2008, Mr Thumfart was a Managing Director of Citigroup and the EMEA Business Head of its Asset Finance Group, based in London.


He holds a Master and Ph.D. in Business Administration from Wirtschaftsuniversität Wien (Vienna University of Economics and Business Administration), and a Master of European Management (CEMS) from Escuela Superior de Adminstración de Empresas (ESADE) in Barcelona.
 
Dimitris Tsitsiragos
Vice President EMENA
IFC

 

Dimitris Tsitsiragos leads IFC’s investments and advisory services across 52 countries with over 800 staff, and oversees an integrated strategy that aims to create jobs, plug infrastructure gaps, increase access to finance, and tackle climate change.
 
Before taking on his role as Vice President, Mr Tsitsiragos was the Director of the Middle East, North Africa and Southern Europe department in IFC, where he developed a strategy to support the region’s private sector in the wake of the Arab Spring. During his tenure, he oversaw several important initiatives, including the education for employment (e4e) in the Arab World programme, which brings together public and private providers of education and private companies to improve the quality of education in the region. He also helped launch the Arab Financing Facility for Infrastructure, which supports much-needed infrastructure projects and kick-started afacility expected to channel over $500 million to smaller businesses in the Middle East and North Africa region.
 
From 2004 to 2010, he directed the Global Manufacturing and Services (GMS) department of IFC where he refined the strategic focus of the department, emphasising IFC’s global expertise in select sectors, with a focus on helping IFC clients to enhance their international competitiveness.
 
Mr Tsitsiragos has previously worked in South Asia, and Central and Eastern Europe, where he held several leadership positions, and he received the World Bank Group Diversity and Inclusion Award in 2009. He has served on the Board of Directors for both IDFC (India) and Commercial Bank of Ceylon (Sri Lanka).
 
Joachen Wermuth
Founding Partner and Chief Investment Officer
Wermuth Asset Management

 

Jochen Wermuth is Founding Partner and Chief Investment Officer at Wermuth Asset Management GmbH (WAM), a German family office and BAFIN regulated investment adviser which is committed to sustainable development.
 
Mr Wermuth is also a Member of the advisory council of the World Economic Forum’s Global Growth Company Community and the Liberal Mission of Russia. He was a founding Management Committee Member of Deutsche Bank Russia, and has been Head of the Economic Expert Group under the Russian Ministry of Finance.
 
He holds a Master’s degree in Economics and a BA in Mathematics and Economics with honours from Brown University, and passed his PhD qualifying exams at Balliol College, Oxford.
 
Dirk Wittenberg
General Manager
REMONDIS Aqua International GmbH

Dr Dirk Wittenberg is the General Manager of REMONDIS Aqua International GmbH in Luenen, Germany, and as such is responsible for M&A, business development and competitive proposals for international water related activities (PPP, BOT, O&M).


Dr Wittenberg joined REMONDIS Aqua in 2007, having previously worked for different companies in Berlin and Essen. His special focus is on water technology, urban drainage and waste water treatment, after working for 20 years as a professional in the German and international water sector, with the last 10 years being at director level. He is experienced in leading multidisciplinary teams aimed at the realisation of various projects with a Public Private Partnership background in national and international water supply and waste-water systems.


Dr Wittenberg obtained the academic qualification to doctorate degree level in civil engineering (Dr.-Ing.) in 1992 at the University of Hanover.  
 
Frank Wouters
Deputy Director-General
International Renewable Energy Agency (IRENA)

Frank Wouters was appointed Deputy Director-General of the International Renewable Energy Agency (IRENA) in September 2012, and possesses over 20 years of international experience in the field of renewable energy.


Mr Wouters previously held several senior management positions in leading organisations and institutions in the fields of renewable energy and sustainability, including Evelop International BV, The Netherlands; Sol Holding AG, Germany; NICE International, The Gambia; and TDAU University of Zambia. Before he joined IRENA he served as the Director of Masdar Power, a developer and operator of renewable power generation projects, where he was responsible for projects representing enterprise value of more than $3bn in Asia, Africa and Europe.


Mr Wouters has worked throughout his career with a wide variety of stakeholders from both government and private sector companies. He has supported sustainable energy policy in many countries and recently played a lead role in the formulation of Abu Dhabi’s renewable energy policy. He is regularly invited as a speaker at international conferences and high-level meetings.


Mr Wouters holds a Master’s degree in Mechanical Engineering from Delft University of Technology, The Netherlands.


 
Aygen Yayikoglu
Partner
Crescent Capital

Aygen Yayıkoğlu is the Founder and Partner of Crescent Capital, a private equity firm focused on energy and infrastructure.  


Aygen has 18 years of project finance and investment experience in emerging markets.  His areas of expertise include public and private financing of power generation, transmission, and distribution projects, privatizations of energy and infrastructure assets, oil and gas downstream projects and renewable energy investments.  


Prior to establishing Crescent Capital, Aygen spent more than 10 years at the EBRD’s headquarters in London, and 3.5 years heading offices of EBRD in the Balkans and the Caucasus.  Aygen then worked at IFC’s Infrastructure Team based out of Istanbul, covering Turkey and surrounding regions.  


Crescent has launched Turkey’s first energy-focused private equity fund at the end of 2011, which is investing in renewable energy projects across Turkey, South Eastern Europe, Caucasus and Central Asia.   
 
Dr. Florian Zickfeld
Director Strategy
Desertec Industrial Initiative

Florian Zickfeld joined Dii in 2010 and holds the position of Director Strategy. In this role, Mr Zickfield coordinates Dii’s strategic approach to enabling renewables in MENA: the promotion of reference projects in the short term, and formulation of regulation and policy recommendations for the mid to long term.


Mr Florian’s topic focus is on the technical, socioeconomic and especially financing challenges facing an integrated EUMENA electricity system in the future. He is an author of the 2012 Dii study “Desert Power 2050: Perspectives on a Sustainable Power System for EUMENA”. Prior to Dii, he worked as a management consultant for the Boston Consulting Group.


Mr Florian received a PhD in Mathematics from TU Berlin and he also holds a Master of Science in Applied Mathematics from the Georgia Institute of Technology.