Notable Roles | - Founder & CEO, Impact Investment Exchange (IIX) |
Key Recognition | - Oslo Business for Peace Award (2017) |
Background and Early Foundations
Born in Dhaka, Bangladesh, Durreen Shahnaz’s early life was shaped by the country’s Liberation War and her family’s commitment to social justice. At 17, she moved to the United States, earning a BA from Smith College, followed by an MBA from the Wharton School and an MA from Johns Hopkins University. She began her career as the first Bangladeshi woman on Wall Street at Morgan Stanley, later working with Grameen Bank, the World Bank, and Merrill Lynch. These experiences highlighted the disparities in financial systems, inspiring her to create inclusive financial platforms.
Career Milestones and Impact
Year | Milestone |
---|---|
2009 | Founded Impact Investment Exchange (IIX), the world's first social stock exchange. |
2017 | Launched the Women's Livelihood Bond™ Series, mobilizing capital for women's empowerment. |
2022 | Initiated the Orange Bond Initiative™, aiming to unlock $10 billion for gender-lens investing by 2030. |
2023 | Published "The Defiant Optimist," detailing her journey in impact investing. |
- Capital Mobilized: Over $281 million through innovative financial instruments.
- Lives Impacted: More than 159 million across 57 countries.
- Carbon Emissions Avoided: Over 1.83 million tons.
- Women Empowered: Over 1.3 million through the Women’s Livelihood Bond™ Series.
Leadership Style and Influence
Durreen Shahnaz is known for her visionary leadership, blending finance with social impact. Her approach emphasizes inclusivity, innovation, and sustainability. She has been instrumental in creating financial products that prioritize gender equality and environmental sustainability, setting new standards in the impact investing sector.
Legacy and Future Focus
Durreen Shahnaz’s pioneering work has transformed the landscape of impact investing, making capital markets more accessible and equitable. Her initiatives continue to empower marginalized communities, especially women, and promote sustainable development. Looking ahead, she aims to further expand the reach of IIX and its innovative financial instruments to address global challenges.