Who governs Finance for Peace, and who owns the Standards
Finance for Peace is governed by a Board of senior investment, development finance and peacebuilding experts. The Standards are owned by an independent Standards Committee.
The Board
Fiona Reynolds
Chair of the Board; Chair, Governance, People, Culture and Remuneration Committee
Former Chief Executive of the UN-supported Principles for Responsible Investment, where she served for close to a decade. Chair of the UN Global Compact Network Australia and a director and adviser across sustainable finance. Named one of the 20 most influential people in sustainability globally by Barron’s.
Peter Higgs
Vice Chair of the Board; Chair, Audit, Risk and Compliance Committee
Has worked since 2018 on creating a market for Peace Bonds and on the formation of Finance for Peace. Co-founder and Chair of Peaceinvest in Geneva; Co-founder and Chair of Wellers Impact in London; Director of CleeAI; previously Founder of TGM, a pioneer in global overlay asset management. Economist with a PhD from Harvard.
Donata Garrasi
Vice-Chair, Standards Committee
Political scientist with 25 years’ experience in peace, security and conflict. Director of Political Affairs for the United Nations in Africa’s Great Lakes region from 2018 to 2021, with earlier senior roles at the World Bank, the OECD and the UK Government. Vice President and Head of Multilateral Engagement and Peacebuilding at Peaceinvest. MA in International Relations, Università degli Studi di Firenze.
Hafez Ghanem
Member
Vice President of the World Bank from 2015 to 2022, responsible in turn for the Middle East and North Africa, Sub-Saharan Africa and East and Southern Africa. Earlier Assistant Director-General at FAO. Non-Resident Senior Fellow at the Brookings Institution. PhD in Economics, University of California, Davis.
Shahd Hammou
Member
Head of Programmes at the Center for Civilians in Conflict in Sudan, overseeing civilian protection work with conflict-affected communities, grassroots networks, peacebuilders and civil society across Darfur and Kordofan. Has designed and led peacebuilding, governance, Women, Peace and Security, and civilian protection programming across Africa, including with Mercy Corps in eastern DRC. Research examines how communities confer legitimacy on peace-positive investment and how their perspectives should shape investment practice. Holds an MSt in Social Innovation from the University of Cambridge and a BA from SOAS University of London and King’s College London.
Arne Hassel
Chair, Standards Committee
Over 35 years in senior investment and management roles at Goldman Sachs, Barclays, Coutts and the Kuwait Investment Office, spanning asset allocation, fixed income, equities and alternatives. Background in ESG and impact investing. Partner at a systematic hedge fund and an investment adviser. MSc in Economics, Stockholm School of Economics, BA in Political Science, Uppsala University and BA (equivalent) in Biotechnology, Uppsala University.
Eric Hoh
Chair, Market Network Committee
Three decades in capital markets, beginning at the derivatives exchange OM in 1991 and later at SEB, where he oversaw an investment portfolio focused on liquid alternatives. Special Adviser to Interpeace on the Finance for Peace initiative from its early stages. Vice President and Head of Commercial Engagement at Peaceinvest. MSc in Electrical Engineering, Linköping Institute of Technology.
Committees
Standards Committee
Owns the Finance for Peace Standards. Sets and revises its content and takes every certification decision.
Market Network Committee
Owns the market-facing work: the direction and work plan of the Market Network, its working groups and encourages a pipeline of transactions.
Audit, Risk and Compliance Committee
Oversees financial reporting, internal controls, risk management and the external audit.
Governance, People, Culture and Remuneration Committee
Oversees Board composition and effectiveness, appointments, remuneration, and the organisation’s people and culture policies.
The Secretariat
Daniel Hyslop
Executive Director
Daniel leads Finance for Peace. He built the initiative from 2018 while Head of Research and Senior Peacebuilding Advisor at Interpeace, and has led it through its establishment as an independent standards-setter.
Before Interpeace he was Research Director at the Institute for Economics and Peace, where he led the Global Peace Index and research on the economic costs of violence and the drivers of positive peace. He contributed to the OECD States of Fragility report and the UN–World Bank Pathways for Peace report, and has consulted to UNDP, the OECD, the World Bank, the Commonwealth Secretariat and CSIS. Originally from Australia, he holds a first-class honours Masters in Economics and Social Science from the University of Sydney.
Lisa Satolli
Director of Market Development
Lisa Satolli is Director of Market Development at Finance for Peace. She works with project owners, issuers, investors, development finance institutions and intermediaries to bring transactions certified under the Peace Finance Standards to market, build investor demand for peace-aligned finance, and curate partnerships across finance, development and peacebuilding.
Before joining Finance for Peace, she built and led the Humanitarian and Resilience Investing (HRI) Initiative at the World Economic Forum. Under her leadership, HRI brought investment in fragile and conflict-affected markets onto the agenda of investors and policymakers, shifting the conversation from aid toward commercially viable opportunities. Prior to that, she designed and managed private sector development and access-to-finance programmes for the European Commission in Tanzania.