Jesse C. Fripp
Aga Khan Agency for Microfinance
Jesse is the General Manager of the Aga Khan Agency for Microfinance, based in Geneva. The underlying objectives of AKAM are to reduce poverty, diminish the vulnerability of poor populations and alleviate economic and social exclusion. AKAM aims to improve the quality of life of people by helping them to improve their incomes, become self-reliant and gain the skills needed to graduate into the mainstream financial markets. Since founding in 2005, AKAM financial institutions in nearly a dozen key emerging markets have served 3 million low-income households and small business clients with credit, deposits and other needed financial services, intermediating over $2.2 billion in investment into local economies. Currently, the AKAM group entities serve nearly 1 million low-income households and small businesses per year with needed financial services.
Previously, Jesse served as Managing Director for Enclude (formerly ShoreBank International and Triodos Facet), leading the company’s global consulting and capacity solutions business focused on financial services, digital payments, and enterprise development from his base in Washington, DC. Jesse has over 20 years of international experience in strategic leadership and governance, inclusive finance delivery, digital finance systems, capital strategy and fundraising, and human and organizational development. His experience includes management and executive leadership in the nonprofit, corporate, and social enterprise sectors. Jesse has worked extensively in business operations, including handling $400 million in balance-sheet responsibility, staff teams up to 4,000, and directing practice business lines for leading enterprises and institutions in the area of inclusive finance and the inclusive economy worldwide. He has successfully raised over $200 million in public and private sector capital for financial institution and enterprise initiatives, and has also provided policy advice and technical guidance to public and private sector institutions including the Bill & Melinda Gates Foundation, the State Bank of Pakistan, the Afghanistan Ministry of Rural Reconstruction & Development (MRRD), the Microfinance Investment Support Facility for Afghanistan (MISFA), the Global Agriculture and Food Security Program (World Bank), the Office of the Deputy Prime Minister of Ethiopia, and numerous others.
Mr. Fripp holds a Master’s in Public Management with a concentration in International Economic Development from the University of Maryland at College Park, and a certificate in Finance from the Edinburgh Business School. He has taught as an Adjunct Professor at the George Washington University, Elliott School of International Affairs in Washington, DC. He has also served as Vice Chair for the Board of Directors of Oikocredit USA, part of the world’s leading cooperative impact investor network, and also on the Advisory Board of Arrow Global Capital, an innovative venture capital platform for small enterprise finance. He continues to serve on the Board of Directors for the Small Enterprise Education and Promotion (SEEP) Network, the world’s leading practitioner learning network for market development professionals.