MS DURREEN SHAHNAZ
Founder and CEO of IIX and IIX Foundation
Durreen Shahnaz is a global leader of social impact and impact investing. She is also the founder of Impact investment Exchange (IIX) and IIX Foundation. IIX is the home of the world’s first social stock exchange and the largest impact investment private placement platform. IIX is also a leader in impact assessment methodology and innovative financial structures such as the world’s first Women’s Livelihood Bond. The company bridges the gap between finance and development by carving out a third space for social and environmental solutions through financial mechanisms and subsequently driving forward Sustainable Development Goals. IIX and IIX Foundation’s work have a particular focus on women empowerment, climate action and community resilience. The companies have unlocked over $75 million of investment capital and impacted over 15 million lives.
Born in Bangladesh with a career that has spanned the globe, Shahnaz has built a track record as a successful social entrepreneur, banker, media executive and academic at Morgan Stanley (New York), Grameen Bank (Bangladesh), Hearst Magazines International (New York), and the National University of Singapore. Additionally, she founded, grew and sold oneNest (New York) – an impact enterprise and online marketplace for handmade goods. oneNest was sold to Novica United, working in association with National Geographic Society. Through these roles, Shahnaz has broken down walls and built bridges in order to connect the backstreets of underserved communities to the Wall Streets of the world.
Shahnaz is the recipient of the 2017 Oslo Business for Peace Award, often referred to as the ‘Nobel Peace Price for Business’, the 2017 Global Steering Group for Impact Investment Impact Market Builder of the Year award, the 2016 Asia Society Asia Game Changer Award, in addition to the prestigious 2014 Joseph Wharton Social Impact Award given by the Wharton School of University of Pennsylvania. Additionally, she currently serves on the advisory board for UNDP, United Nations ESCAP, G20 Steering Committee for Impact Investing, and was also an appointed member of the World Economic Forum’s Global Agenda Council. She has been a program advisor to the Clinton Global Initiative, a 2010 TED fellow, a TED speaker and is frequently invited to contribute as a resource person to media, foundations and universities.
Shahnaz holds a BA from Smith College and a joint degree – an MBA from the Wharton School at the University of Pennsylvania and a MA from the School for Advanced International Studies at John Hopkins University.