Financing for Development Corp. (F4D) Announces Board of Directors

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Membership includes independent health, development, finance leadership from the Reproductive Health Supplies Coalition, Millennium Challenge Corporation, IntraHealth International, and Total Impact Advisors

Headshots of F4D's Board Membership

F4D's Board Members. Top L-R: John Skibiak, RHSC; Rodney Bent, MCC; Pape Gaye, IntraHealth. Bottom L-R: John Simon, Total Impact; Aron Betru, F4D; Kevin Starace, F4D

F4D’s Board has been built with a focus on development finance, in-country program management, cross-sector partnerships, new ventures, and high-level advocacy.

Financing for Development Corp. (F4D), a US-based 501(c)(3) not-for-profit focused on innovative financing for international development, has announced the first cohort of its Board of Directors. Membership includes six Directors: Mr. John Skibiak of the Reproductive Health Supplies Coalition, Mr. Rodney Bent of the Millennium Challenge Corporation, Mr. Pape Gaye of IntraHealth International, Mr. John Simon of Total Impact Advisors, Mr. Aron Betru of Financing for Development, and Mr. Kevin Starace of Financing for Development. Mr. Skibiak will serve as Chairman of the Board for a one-year term.

F4D was incorporated in late 2012 to explore innovative financing solutions for international development. F4D evaluates, facilitates, and advocates for innovative financing techniques to make donor and domestic funding more predictable and efficient. Through the services and strategies executed by F4D and the initiatives it supports, F4D empowers developing countries with proven tools to increase the return on global health investments.

Long-term, F4D's vision is to increase knowledge around access to finance and private capital in the most underserved communities; transfer that knowledge to the private sector; and, in doing so, bolster private sector co-investment in international development.

F4D’s Board of Directors has been built through close consultation with partner organizations, with a focus on experience in development finance, in-country program management, cross-sector partnerships, new ventures, and high-level advocacy. All six members selected are considered pre-eminent within their chosen field, are leaders of their respective organizations, and will serve as well-informed advisors as F4D works to develop and support new programs in development finance.

Mr. John Skibiak currently serves as the Director of the Reproductive Health Supplies Coalition (RHSC). Previously, he served for over 25 years in the development field, primarily managing, directing, and leading reproductive health programs in Africa, Asia, and Latin America.

Mr. Rodney Bent currently serves as a Senior Executive Advisor with the Millennium Challenge Corporation. Previously, he was CEO of Millennium Challenge Corporation and served in senior positions within the UN Secretary-General’s office in Washington, DC, the U.S. Department of State, the Office of Management and Budget, Booz Allen Hamilton, and on Capitol Hill.

Mr. Pape Gaye currently serves as President and CEO of IntraHealth International. Previously, he served with the Centers for Disease Control and Prevention (CDC) and spent over three decades working with frontline health workers.

Mr. John Simon currently serves as a Founding Partner of Total Impact Advisors. Previously, he served in many distinguished posts within the U.S. federal government, including U.S. Ambassador to the African Union, Executive Vice President of OPIC, and Special Assistant to the President at the National Security Council.

Mr. Aron Betru currently serves as CEO of Financing for Development. Previously, he served at the United Nations Foundation, Dalberg Global Development Advisors, McKinsey & Co., and Goldman Sachs.

Mr. Kevin Starace currently serves as Chief Development Officer of Financing for Development. Previously, he served for more than a decade at the United Nations Foundation, sat on the Board of the Global Fund, and acted as Vice Chair of the Roll Back Malaria Board.

As the governing body with legal and fiduciary authority over F4D, the Board has already convened two meetings in 2014. Going forward, it is anticipated that F4D will add one additional, independent Director to its Board.

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About Financing for Development
Financing for Development (F4D) promotes innovative financing as a means of increasing efficiency of international development aid. F4D evaluates, facilitates, and advocates for ways to leverage the private sector to make donor and domestic funding levels more predictable and efficient. Using innovative financing techniques executed through its subsidiaries, F4D seeks to assist developing countries and increase the impact of overseas development aid.

About Reproductive Health Supplies Coalition
The Reproductive Health Supplies Coalition is a global partnership of public, private, and non-governmental organizations dedicated to ensuring that all people in low- and middle-income countries can access and use affordable, high-quality supplies to ensure their better reproductive health. The Coalition brings together diverse agencies and groups with critical roles in providing contraceptives and other reproductive health supplies. These include multilateral and bilateral organizations, private foundations, governments, civil society, and private-sector representatives.

About the Millennium Challenge Corporation
MCC is an innovative and independent U.S. agency that is working to reduce global poverty through economic growth. Created by the U.S. Congress in January 2004, with strong bipartisan support, MCC provides time-limited grants and assistance to countries that demonstrate a commitment to good governance, investments in people and economic freedom.

About IntraHealth International
For over 35 years, in more than 90 countries, IntraHealth International has empowered health workers to better serve communities in need. IntraHealth fosters local solutions to health care challenges by improving health worker performance, strengthening health systems, harnessing technology, and leveraging partnerships.

In collaboration with governments, nongovernmental organizations, and private-sector organizations around the world, IntraHealth champions the needs and contributions of health workers—from doctors and nurses to community health workers to health facility managers—and works to ensure they have the tools, supplies, information, training, and support they need to provide communities they serve with the best possible opportunity for health and well-being.

About Total Impact Advisors
Total Impact Advisors is an advisory practice that specializes in sourcing and developing global investment opportunities that are socially and financially attractive. Total Impact Advisors offers a full range of advisory services to clients on the corporate, enterprise, and investor side.

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Paige Robson
Financing for Development (F4D)
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