AVPN appoints new chief of impact investing

 

Shafi Musaddique

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Asia’s social impact network group AVPN has announced the appointment of Vikas Arora as chief of impact investing. 

In a newly created role, Arora will lead AVPN’s overall strategy and direction of impact investing, identifying impact opportunities across AVPN’s four impact focus areas of climate action, gender equality, youth, and health. 

Fostering strategic partnerships with AVPN members, industry stakeholders and business partners 

In a statement, AVPN says that Arora’s appointment comes at a crucial time, which sees Asia leading the charge in developing solutions to global challenges. His previous background is in finance.  

“I am excited to be part of an organisation that brings together the impact change makers in Asia,” said Vikas Arora.

“Social investments have only scratched the surface of creating impact in a region which is home to over 50 per cent of the world population, and I see many opportunities to further increase the efficiency and impact of knowledge, human, and financial capital deployed towards addressing the systemic social and environmental challenges Asia Pacific is facing.”

In June, AVPN announced a new collaborative effort bringing together like-minded networks across Europe, Asia, Latin America and Africa in a new collaboration called the Global Alliance of Impact Networks (GAIN).  

It will include Europe’s EVPA, Asia’s AVPN, Latin America’s Latimpacto and Africa’s AVPA.   

Shafi Musaddique is news editor at Alliance Magazine.  

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