The SPTF is governed by a Board of Directors (13 elected, up to 2 appointed to ensure regional diversity) and a fixed number of elected representatives from each of the major stakeholder groups: Funders, Asset Owners & Investment Managers, Financial Service Providers (FSPs), Global Networks of FSPs, and Standard Setting Coordination, Information and Capacity Building Services.

SPTF Board of Directors

Funders
Christine Poursat, Agence Française de Développement (AFD)
Thomas Lammar, Luxembourg Ministry of Foreign and European Affairs

Asset Owners & Investment Managers
Emmanuelle Javoy, Symbiotics
Frank Streppel, TRIODOS

Regional and National Associations
Allan Robert Sicat, Microfinance Council of the Philippines, Inc. (MCPI)
Mohamed Attanda, Microfinance African Institutions Network (MAIN)

Financial Service Providers (FSPs)
Malkhaz Dzadzua, formerly of JSC MFO Crystal (Georgia)
Edgardo Perez Preciado, Fundación Genesis Empresarial

Global Networks of FSPs
Eugénie Constancias, Entrepreneurs du Monde
Tom Shaw, Catholic Relief Services

Standard Setting Coordination, Information and Capacity Building Services

Daniel Rozas, MIMOSA/e-MFP
Bonnie Brusky, CERISE SPI Online

Chair Emeritus

Frank DeGiovanni

Chairman
Loïc De Cannière, Incofin IM

Executive Director (Ex-officio member)
Laura Foose, Social Performance Task Force

Frank DeGiovanni, Ford Foundation (Chair Emeritus)
Frank DeGiovanni served as director of Financial Assets, leading Ford’s worldwide efforts to build financial assets for disadvantaged people with support through grants and program-related investments (PRIs). His team made grants through a focused set of initiatives on savings, individual asset development, Social Security reform, rural livelihood development and consumer financial services.

Prior to that role, Frank was the foundation's deputy director of Program-Related Investments, where he was responsible for creating and monitoring a diverse loan portfolio of organizations promoting community and economic development in the United States and internationally.

Before joining the Ford Foundation in 1991, Frank was associate professor and senior research associate at the New School for Social Research in New York City, where he researched and taught graduate-level courses in housing and community development, urban political economy and policy analysis. From 1985 to 1987, he was chairman of the Pratt Institute's Department of City and Regional Planning in Brooklyn, where he also taught and consulted on projects in housing and community development. Frank has a Ph.D. and a master's in regional planning, both from the University of North Carolina at Chapel Hill.
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Loïc De Cannière, Incofin Investment Management (“Incofin IM”)
Loïc De Cannière (1959°) is Founder and Managing Partner of Incofin Investment Management (“Incofin IM”). In 2001, after a career in the private and public sector, he decided to dedicate himself to impact investments. He first turned around Incofin, a small Belgian microfinance fund. Then, in 2009, he founded Incofin IM and grew it into one of the larger impact investment fund management companies, with a strong focus on balancing financial and social returns. Today, Incofin IM manages combined total assets of more than 1 bn USD. Loic focussed on developing pioneering impact investment funds, such as Rural Impulse Fund II and agRIF which invest in rural and agri-focussed financial institutions and in the agricultural value chain. He launched Incofin IM’s “Fairtrade Access Fund”, providing finance to fairtrade labelled producer organizations worldwide. In addition, under his leadership, Incofin IM obtained an advisory mandate for “Invest in Visions”, a large German retail microfinance fund.

Loic attracted large private institutional investors, development finance institutions and HNWI to Incofin IM’s investor base, which familiarized him with investor’s expectations about impact investments.

He developed Incofin IM into a company with more than 50 dedicated professionals and offices/representations in Belgium (Antwerp), Colombia (Bogota), India (Chennai), Kenya (Nairobi) and Cambodia (Phnom Penh). He created a successful Technical Assistance department within Incofin IM. The TA department assisted multiple MFIs in developing proper SPM systems.

Before he joined Incofin, Loïc De Cannière was responsible for structured finance at DEME Group, a Belgian marine engineering company. He structured the funding of large port and environmental projects in Tunisia, Ghana, Nigeria, Qatar, India, Bangladesh and Taiwan. Prior to that, he was Chief of Staff in the Belgian Government.

Loïc De Cannière holds an MA in Economics from the University of Louvain (KU Leuven - Belgium) and a BA in Philosophy from the Hochschule für Philosophie (München - Germany).
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Emmanuelle Javoy, Symbiotics
Emmanuelle Javoy is the Head of Social Performance and Impact Measurement at Symbiotics, where she has now been working for 2 years.

Symbiotics currently manages or advises funds that have over USD 2b of assets invested in Microfinance and SME finance, spread across 270 investees and 70 countries. In her role at Symbiotics, Emmanuelle is in charge of a) the design of the Social Rating methodology that has been used for the past 10 years to assess all of Symbiotics’ investees on a yearly basis; b) the impact reporting to investors; c) the supervision of impact studies conducted on behalf of some of the funds advised by Symbiotics with surveys of end clients.

Prior to working for Symbiotics, Emmanuelle has worked for eleven years for Planet Rating, one of the pre-eminent rating agency specialized in microfinance, as an analyst, Quality Manager and then as its Managing Director for 6 years. She also worked for responsAbility as the team leader of the Financial Institutions Credit Analysis team. Along these fifteen years of experience in the microfinance sector Emmanuelle has notably: participated in the first meetings of the Social Performance Task Force and in numerous ones thereafter, created Planet Rating’s social rating methodology, contributed to the definition and testing of the Smart Campaign Client Protection Principles and Certification program, trained hundreds of microfinance practitioners and students on the concepts of social performance in microfinance, was part of Microfinance Transparency’s board, worked on CERISE’s SPI4 and helped define the indicators to be used in ALINUS, co-founded MIMOSA with Daniel Rozas and continues to produce MIMOSA reports each year.
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Frank Streppel, TRIODOS
Mr. Frank Streppel is Global Head of Investment – Impact Private Debt & Equity at Triodos Investment Management. 

He started his banking career with ABN AMRO Bank in the Netherlands, followed by a position as Financial Controller for Médecins Sans Frontières in Sri Lanka.

He has over 20 years of experience in impact investing predominantly along the transition themes Financial Inclusion, sustainable Energy & Climate and sustainable Food & Agriculture.

In 2000 Frank joined Triodos Investment Management where he initially took on the responsibility for investments in the African and Asian financial sector. As Global Head of Investments he is responsible for the global Impact Private Debt & Equity portfolio investment portfolio, consisting of debt facilities, equity participations and project finance to a total value of over EUR 2 billion. Mr. Streppel has been serving as a member of the Board of Directors of leading Financial Institutions in India, Mongolia, Uganda, Kenya, Madagascar, Tanzania, DRC Congo and Georgia. 
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Thomas Lammar, Luxembourg Ministry of Foreign and European Affairs
Mr. Thomas Lammar is a qualified sociologist and anthropologist with two Master degrees from the Université Libre de Bruxelles (ULB), and has corporate and field experience with Government, UN and civil society in Europe, South-East Asia, West Africa, Latin America and the United States.

He has been managing Luxembourg’s Development Cooperation’s programmes in inclusive finance, private sector, aid for trade, and policy coherence since July 2017.

Prior to this assignment, Mr Lammar acted as Deputy Head of mission of Luxembourg’s embassy in Lao PDR, where he also served for the United Nations as a Monitoring and Evaluation Officer. Previously, he has been active as a Programme Analyst for the UN Population Fund in its headquarters in New York as well as in Kosovo. Furthermore, Mr. Lammar has worked for NGOs in Peru and in Ghana.

His work has focused on creating evidence, strategizing, and effectively supervising programmes in the areas of financial inclusion, private sector engagement and development, social protection, policy coherence for development, maternal and reproductive health, and population dynamics.
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Christine Poursat, Agence Française de Développement (AFD)
Christine has been working as a practitioner in microfinance and financial inclusion for over 20 years. She came to microfinance after a few years in private sector banking and equity investments. She joined the French NGO GRET first as technical assistant to an MFI in Cambodia, then as head of GRET's microfinance department. She actively participated in the creation of the CERISE network and the launch of the first SPI tool initiative.

From 2006 she was a founding partner of Alia Developpement, an advisory firm specializing in financial inclusion. As an independent consultant she participated in various assessments of microfinance institutions and programs, in studies and publications for regulators, governments, and funders. She also coordinated several regional or national diagnostics and strategies in inclusive finance.

Since 2018 she has been working for the French Agency for Development (Agence Française de Développement, AFD), the main implementing agency for France’s official development assistance to developing countries. Christine is the focal point for financial inclusion within AFD’s department for Financial Institutions where she supervises the implementation of projects mainly in Africa and South-East Asia. Her portfolio includes grants and loans in support of MFIs, dedicated investment vehicles, professional local associations, and national or regional regulation and supervision bodies.

Christine holds an MBA from H.E.C. in Paris, a MIM from CEMS, and a post-graduate degree in Development Economics from Science Po Paris.
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Malkhaz Dzadzua, formerly of JSC MFO Crystal (Georgia)
Malkhaz Dzadzua is a microfinance practitioner with over 20 years of professional experience in Financial Inclusion and Organizational Management. Since 2004 he holds senior management positions with a main focus on strategic leadership, investor relations, risk management, CSR, business growth and transformation.

Malkhaz was the Founder CEO of JSC MFO Crystal, a leading Non-Bank Microfinance Institution in Georgia, which started in 2004 as a small non-profit organization and soon grew into a market leader MFI with more than $130 million total assets, 60 regional branches, 1,000 employees and 100,000 active clients (mainly rural and low-income households), successfully managed by the Crystal Group as of 2018. The company received many prestigious awards and recognitions for its high social standards and transparency. It was among the first MFIs worldwide to be awarded by the status of S.T.A.R. MFI from MIX for its commitment to being Socially Transparent and Responsible (2013); Platinum level award for Social Performance Reporting from MIX (2012); Winner at SMART Campaign “Plain language loan contract for client” (2011); Financial Transparency Award by CGAP (2006) etc. Crystal was also the first MFI in Georgia conducting Social Rating and endorsing the SMART client protection principles.

Before Crystal, in 1995-2004 Malkhaz worked for the local NGO in Georgia (CHCA) with the mission to improve the livelihoods of IDPs, conflict-affected and other socially vulnerable groups. He started here in 1995 as a student volunteer and has been soon promoted to a business consultant (1997), loan officer (1998), branch manager (1999) and microfinance program manager (1999-2004).

Malkhaz actively participates in various local and international professional networks, business associations and social initiatives. Currently he serves as a Board Member of UN Global Compact Georgia; Chairman of Social Performance and Ethic Committee at Georgian Microfinance Association; Board Member at CSR Club Georgia; Investment Committee Member at Young Entrepreneurs School (YES-Georgia); Investment Committee Member at the Center for Social Entrepreneurship Georgia. In past Malkhaz served as a first Chairman of the Board at the Georgian Microfinance Association (2005-2007); Steering Committee Member at EBRD’s Microfinance CEO Forum (2012-2014); Working Group Member at SPTF (2011-2012); Founder/Board Member at the Business Angels Association Georgia (2016-2017).

Malkhaz holds a Master’s Degree in Economics and Management and currently is a PhD Candidate in finance. He is an international certified expert in Microfinance and Risk Management by Frankfurt School of Finance & Management. He also completed a number of executive education and MOOC certification programs at Harvard Business School, Yale University, Stanford University, Joint Vienna Institute, HEC Paris and London Business School. Malkhaz is often invited as a speaker and panelist at international conferences and forums.
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Edgardo Perez Preciado, Fundación Genesis Empresarial
Edgardo is currently the CEO of Genesis Foundation in Guatemala since 2015, and during his tenure Genesis has grown to become the largest MFI in Central America and the Caribbean. Currently ranking under Microrate evaluations as the only institution in the world with the perfect score in social performance. The institution also has a Smart Campaign certificate, a "Leader" rating under Truelift, and ISO9000 certifications in several areas of operations.

Considered by IDB as one of the most digitalized institutions in America as of June of 2020, Genesis launched among other digital solutions the first digital wallet and first self serve digital loan application in the country, running under their own agent network with more than 12,000 locations, becoming the largest in the Central American and Caribbean market. In order to earn this high level of growth, social and financial performance, Genesis has adopted under Edgardo's leadership all of the Universal Standards for Social Performance Management, creating the concept and technology for the development path of all of its customers.

Under Edgardo's leadership, Genesis Foundation founded the first food bank in Guatemala in order to provide aid to the communities in need. After 2 years in operations , during 2020 there has been over 3 million pounds of food delivered to 250,000 people.

Before joining Genesis Foundation, Edgardo was a Retail Banker for over 25 years; he worked as General Manager of three different Banks  and credit card operations in Guatemala,  was member of the board of the Guatemalan Banking association,  Vice President of the board of directors of the Guatemalan Microfinance chamber, and has been a speaker at several SPTF, IDB, ACCION and IFC events.  Edgardo studied computer engineering and has an MBA at the Central American Institute of Business Administration (INCAE).  
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Allan Robert Sicat, Microfinance Council of the Philippines, Inc. (MCPI)
Allan Robert Sicat is the Executive Director of the Microfinance Council of the Philippines, Inc. (MCPI), the national association of microfinance institutions in the Philippines. He joined MCPI in 2004 and became its Executive Director in 2012. Under his leadership MCPI was awarded the Financial Inclusion of the Year Partner from 2013 to 2015 by the Bangko Sentral ng Pilipinas.

Before MCPI, Mr. Sicat was part of the Rural Banker’s Association of the Philippines-Microenterprise Access to Banking Services program, a USAID-funded initiative that assisted rural banks in developing microfinance services for poor and low-income households. He currently represents MCPI as a Board member at the Microfinance Information and Data Sharing, Inc. (MIDAS), the microfinance credit bureau in the Philippines.

In 2015, as part of the Social Performance Fund for Networks, MCPI provided technical assistance to members to improve institutional practices on social performance. MCPI was also instrumental in the passage of the Microfinance NGOs Act of 2015; a law that provides governance, financing, and social performance accreditation standards for NGOs engaged in microfinance. In 2017, MCPI published the Philippines Social Performance Country Report. In 2008,

Mr. Sicat earned his Masters Degree in Business Administration from the De La Salle University–Ramon V. del Rosario Sr. Graduate School of Business. He also holds a Bachelors Degree in Applied Economics and a degree in Commerce, with a major in Management of Financial Institutions, also from the De La Salle University. Mr. Sicat has been an active member of SPTF since 2011 and has participated in SPTF annual conferences in Den Bosch, Jordan, Panama, Senegal, Cambodia, and Morocco.
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Mohamed Attanda, Microfinance African Institutions Network (MAIN)
Mohamed Attanda holds a Master’s Degree in Business Administration (MBA) Global Studies & Finance (Southern New Hampshire University), and a Bachelor’s Degree in Banking and Finance from the University of Ghana, Legon. He has nine years of experience in microfinance. In 2003, Mohamed was involved in a training at the Boulder Institute of Microfinance, specializing in Management of MFIs, and has organized and attended several other national and international microfinance training courses. Mohamed Attanda is a trainer on financial education modules, management of income-generating activities, credit management, control of loan delinquency, and social performance. He teaches at Université Catholique de l’Afrique de l’Ouest, Togo, as a trainer in the microfinance master’s program.

Since January 2014, Mohamed Attanda has been the Executive Director of Microfinance African Institution Network (MAIN), a powerful pan-African composed of 80 members in 22 African countries. Before taking on this role he was the organization’s Network Francophone Program Officer. Before joining MAIN, Mohamed Attanda worked in the banking sector with Ecobank and Ghana Commercial Bank, and in the development organization Heritage United Way, in New Hampshire, USA.
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Eugénie Constancias, Entrepreneurs du Monde
Eugénie CONSTANCIAS is the Social Performance Manager for “Entrepreneurs du Monde”, a French NGO created in 1998 acting as an incubator of social businesses in the field of microfinance and access to energy. Through technical and financial support, “Entrepreneurs du Monde” is mainly dedicated to reinforce the social mission of its network of FSPs in Asia, Western Africa and Haïti in order for them to improve the well-being of the vulnerable people they serve. Prior to that, Eugénie worked as an analyst in the social rating department of MFR conducting 25 assignments in 15+ countries. She contributed to the fine tuning of the social rating methodology and piloted the microfinance institutional rating. Eugénie also worked as a research assistant analyzing international framework agreements and codes of conduct in relation with the European Foundation for the Improvement of Working and Living Conditions.

In the last seven years working for “Entrepreneurs du Monde”, Eugénie has developed practical solutions to help FSPs implementing the Universal Standards for Social Performance Management. Her work involves equipping organizations with a social strategy through the definition of their mission, theory of change, social goals and targets ; defining sets of indicators and processes to track clients’ socio-economic profile; developing policies and procedures to protect clients; conducting surveys to assess the adequacy of products and services, and carrying out ‘Social Performance Indicators’ audits.

Eugénie is committed to giving a voice to socially oriented FSPs striving to combine sustainability with social goals fulfillment. As a technical assistant provider, she could witness how crucial it is to embed SPM in organizations’ strategies and operations. Eugénie is dedicated to facilitate experience sharing and learning on social performance at FSP level.

Eugénie graduated from Audencia Nantes School of Management, France and holds a degree in social sciences from the University of Caen, France.
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Tom Shaw, Catholic Relief Services
Since May 2007, Thomas Shaw has been Catholic Relief Service’s (CRS) Senior Technical Advisor for Microfinance, based in Baltimore, Maryland, USA. He has an M.S. in Agricultural Economics and Rural Sociology from The Ohio State University, specializing in rural financial markets and microfinance. He has a proven track record of over 40 years of high quality, successful technical service provision to rural finance institutions, savings and credit cooperatives, and stand-alone microfinance institutions in Africa, South Asia, and Latin America. He has provided training and mentoring on financial management and accounting, delinquency management, development and implementation of savings and credit products, governance, human resources development, and research design and implementation.

Tom is extremely committed to the idea, practices, and policies that promote financial inclusion for all, but especially those that are among the poorest and most vulnerable in the world. This implies a real application of social performance practices and principles in all financial activities, whether conducted by commercial banks, microfinance institutions, credit unions/SACCOs, or community owned and managed savings groups. His commitment and dedication to all of his work activities is well known within the microfinance community of practitioners, as well as among government and central bank regulators across Africa.

As such, Tom has been actively working within the SPTF, while supporting the implementation of the MISION II and MISION Africa projects, which collectively reached 213 MFIs across 12 countries in Latin America and 6 countries in Africa. He is a strong voice in advocating to donor and partners that MFIs can and must set and achieve their social objectives, and thus ensure that the poorest and most vulnerable populations have the access to appropriate and effective financial products and services. This focus is to ensure a broader financial inclusion for all. As the technical lead for SPM at CRS he further helped to co-sponsor both the 2013 SPTF annual meeting in Panama City, Panama and the 2014 SPTF annual conference in Dakar, Senegal.

Finally, Tom is known for his passion and commitment to making MF serve the poor, and for his dedication and focus on bringing the highest quality standards and level of effort to all organizations with which he has the honor to work and serve. As an SPTF board member Tom will bring this same level of commitment and passion to serving all of the members of the Social Performance Task Force.
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Daniel Rozas, MIMOSA/e-MFP
Daniel Rozas is a co-founder of the MIMOSA project, which provides a methodological assessment of market saturation and risk of overindebtedness for leading microfinance markets. Since starting as a consultant and researcher in the financial inclusion sector, Daniel has produced valued and influential research that has shaped the sector's understanding of issues surrounding market growth and saturation. This focus was borne from Daniel's prior experience at the US mortgage investment company Fannie Mae during 2001-08, where he had first-hand view of the extraordinary boom-and-bust cycle that took place in the US mortgage market during this period.

Daniel also works and consults extensively on a broad range of other topics, including savings, housing, risk management and other areas, and has collaborated with many of the major organizations in the sector, including research organizations (CGAP, FAI, CFI, CSFI), rating agencies (MFR, M-CRIL, Microrate, Planet Rating), and a host of other leading organizations in the sector, from MFIs and microfinance associations, to TA providers and investors.

Since 2013, Daniel has held the role of Senior Microfinance Expert at the European Microfinance Platform (e-MFP). Daniel resides in Brussels, Belgium, and holds an MBA from the University of Maryland and an undergraduate degree in music from the Peabody Conservatory.
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Bonnnie Brusky, CERISE SPI Online
Bonnie Brusky is Deputy Director at CERISE. Specialized in social performance, client protection and adult learning, Bonnie has over twenty years’ experience in microfinance. She started her career in Bangladesh with a regional microfinance network, then moved to Brazil where she consulted to the national development bank, ILO and World Bank, conducting ground-breaking research on client over-indebtedness and financial education. 

Since 2008, she has lived in France. As in independent consultant, she worked regularly with Smart Campaign and the SEEP Network on social performance assessment, client protection training and capacity building projects. Bonnie joined CERISE in 2013 Today, as Deputy Director, she oversees implementation of strategy and coordinates operations of the 5-person team. Passionate about adult learning, Bonnie oversees TA and training projects, coordinates the social performance indicators tool (SPI) and manages partnerships with impact investors. Trilingual in English, French and Portuguese, Bonnie holds a BA in Psychology and Women’s Studies from the University of Wisconsin-Madison (Phi Beta Kappa) and Masters in development studies from the Université de Paris-Sorbonne.
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Laura Foose, Social Performance Task Force (SPTF)
Laura Foose has been the Executive Director of the Social Performance Task Force since 2005. She has twenty-five years of experience in program management, policy design, training, and advocacy in promoting private sector development and poverty alleviation in developing and transition countries. She has run a number of microfinance industry working groups focused on standards development for social performance management, consumer protection, client centricity, poverty alleviation, impact investing and reporting. Prior to SPTF, she was a partner of Alternative Credit Technologies for ten years where she designed microfinance projects, conducted evaluations of MFIs, and was a working group facilitator for the SEEP Network in the areas of poverty assessment/outreach. As Secretariat of the Microenterprise Coalition at FINCA International for five years, Ms. Foose represented microfinance practitioners and advocacy organizations to donor agencies, the U.S. Administration, and members of the U.S. Congress and helped to draft the Microenterprise for Self Reliance Act that governed US development programs. 

Ms. Foose has extensive experience as a professor and trainer with 15+ years in workshops design, training, and curricula development mainly in the fields of microfinance and development, financial inclusion, and business management.  She is a professor of Financial Inclusion at Georgetown University; a professor of Ethics and Leadership at George Mason University for The Fund for American Studies; a co-founder of Woman Advancing Microfinance; and on the Steering Committee of “The Impact Reporting and Investment Standards (IRIS) project” of The Global Impact and Investing Network.

Ms. Foose holds an M.S. in Foreign Service from Georgetown University, with specializations in international economics and business, and a B.A. from Brown University, where she graduated with a double major in economics and international relations. She is based in Washington, DC.
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