Investing for Impact and Financial Returns: Trade-off or Trade-on?

Sala 101, Level 1, Parliamentary Assembly Building

Can large scale impact investors really do good by doing well? Or is there a trade-off between financial returns and social and environmental impact? Increasingly, the ‘value’ sought by commercial investors (internal rate of return) and the ‘values’ promoted by civil society (protecting the planet and people) are aligned – long-term value creation for all stakeholders depends on managing environmental, social and governance risks and other sustainability issues. This panel will explore ways in which business and civil society can work together to optimise approaches to impact investing and join forces to promote sustainable development.

For more information please contact:
Luisa Balbi

Download the full agenda

Margaret Kuhlow

Finance Practice Leader, WWF International

Margaret L. Kuhlow leads the Finance Practice of the World Wildlife Fund (WWF), providing strategic direction as well as thought and content leadership to WWF’s global engagement with the finance sector.
Before joining WWF, Ms. Kuhlow was Vice President of Investment Policy at the Overseas Private Investment Corporation, and was a member of the team that established and implemented the US Government’s Millennium Challenge Corporation.
In her 25-year career, Ms Kuhlow has lived and worked extensively in developing and emerging markets, and has broad sectoral experience in sustainable investment, project finance, and grant making.
She holds a Masters in Public Policy, International Trade and Finance from the Harvard Kennedy School of Government.


Mila Lukic

Partner, Social Sector Funds, Bridges Fund Management

Mila Lukic is a Partner in the Social Sector Funds at Bridges Fund Management. She is responsible for managing the first fund in the world solely focused on supporting social outcomes’ contracts and has worked on over 30 of these projects since 2013, driving better outcomes and better value for public money in children’s services, housing and employment, educational support and health and social care.
She previously worked as a management consultant with Accenture and on an EdTech crowdsourcing social enterprise funding scholarships for young leaders in developing countries.
She is a Trustee for the Bridges Impact Foundation, which supports philanthropic activities that cannot be funded through investment. She holds a Bachelor of Science (Simon Fraser University) and an MBA (INSEAD).

Zoran Puljic

Director, Mozaik Foundation

Zoran Puljic is the 2010 Schwab (World Economic Forum) Social Entrepreneur and the founding Director of Mozaik Foundation - the leading social enterprise in central and eastern Europe and the leading impact investor in the Western Balkans.
Zoran holds an MA Certificate in Development from London Metropolitan University and an eMBA degree from Cotrugli Business School, Zagreb.
In addition, Zoran successfully completed the Harvard Business School Program (Strategic Perspectives in Non-Profit Management) and the Harvard Kennedy Program (The Arts and Science of System Change). He is a Fellow of Duke University ( Public Policy), BoardSource (Governance), and INSEAD (Social Entrepreneurship).

Alan Rousso

Mananging Director, External Relations & Partnerships, EBRD

Alan Rousso is Managing Director, External Relations and Partnerships at the EBRD. The group leads the Bank’s efforts to optimise blended finance solutions and mobilise impact investment to crowd in private sector capital to the EBRD regions. It promotes strong partnerships between the EBRD and external organisations and manages around 200 donor funds, the Shareholders’ Special Fund and seven major international funds for nuclear safety and decommissioning programmes on behalf of more than 40 donor governments and the EU.
Prior to joining the EBRD in 2001, Alan was Director of the Carnegie Endowment’s Moscow Centre, and before that taught on the political science faculties at Dartmouth College, Cornell University, and Columbia University.

Rosanna Sarkeyeva

Regional Manager - ECA, Triodos Investment Management

Rosanna Sarkeyeva is Regional Manager, Triodos Investment Management B.V., Netherlands, where she is responsible for developing the Micro, Small and Medium Enterprise (MSME) sector and renewable energy (RE) finance portfolio of Triodos in eastern Europe, Caucasus and Central Asia. She has in-depth knowledge of financial and energy sectors in emerging markets and is an active promoter of sustainable banking values.
Before joining Triodos in 2011, she held various positions in commercial and central banks, as a banking adviser and investment manager.
Educated in macroeconomics, banking and energy economics, Rosanna holds a PhD in Economics and an MA in Banking, both from University of Reading, and an MA in Economics from the National State University of Kyrgyzstan.