Shivani Siroya and D.T. Ignacio Jayanti are among the 22 finance leaders selected as the inaugural Fellows of the Finance Leaders Fellowship announced by the Aspen Institute July 27.
Siroya, Jayanti and the 20 other Fellows will take part in a two-year fellowship designed to inspire them to take an active role in shaping the global finance industry’s future through values-based leadership, the institute said in a statement.
Fellows were selected from various finance sectors, including pensions, endowments, regulation, banking, asset management, debt and equity investing and impact investing, among others.
Siroya is the Indian American founder and chief executive officer of Santa Monica, Calif.-based InVenture, a mobile technology and data science company that aims to close the credit gap in emerging markets by using mobile data to overcome traditional barriers to financial access.
InVenture collects thousands of data points per customer to build financial identities, dynamically price risk and disburse loans in less than a minute.
The company has doled out millions of dollars in credit throughout East Africa and is rapidly expanding throughout Africa and Asia.
Previously, Siroya worked at the United Nations Population Fund as an analyst, and she has experience in investment banking, both in mergers and acquisitions, at Health Net, Citigroup and equity research at UBS.
A graduate of Wesleyan University and Columbia University, Siroya was named a Young Global Leader by the World Economic Forum in 2016, a 2015 Senior TED Fellow, 2013 Ashoka Fellow, 2011 Echoing Green Fellow and 2011 Unreasonable Fellow.
Jayanti is the managing partner of New York-based Corsair Capital, a private equity firm focused on investing in the financial services industry.
Prior to spinning off Corsair as an independent business from J.P. Morgan in 2006, Jayanti was a senior member of the investment team of the predecessor Corsair Funds and was also responsible for managing the operations of the Corsair business since 1994.
From 1994 to 1999, Jayanti was a senior member of the investment banking department of J.P. Morgan. Prior to J.P. Morgan, he worked at Credit Suisse First Boston in the financial institutions group, both in New York and London.
A graduate of Queens’ College Cambridge University, earning a bachelor’s and master’s in economics, Jayanti has investment banking experience in the United States, Europe, Asia and Latin America.
Also among the Fellows named was Eric Savage, who is the co-founder and chief executive officer of Unitus Capital in Bangalore.
“We welcome this accomplished and action-oriented group of leaders in finance, who have great potential to chart the future course of our industry,” said fellowship managing director Jennifer Simpson in a statement. “We at the Aspen Institute are excited to inspire them to lead on a broader scale and to launch ventures that will advance the positive impact of finance on society.”
Ranji Nagaswami, a Henry Crown Fellow who conceived the Fellowship, said, “The barometer for public trust in the finance industry was at an all-time low when my co-founder Christopher Varelas and I recognized an urgent need to establish this program.
“We are grateful that the CFA Institute, one of our founding sponsors agreed, and we look forward to encouraging Fellows to act for the good of society through finance,” added Nagaswami, who is also the moderator for the Aspen Global Leadership Network.
Throughout the two years, the Fellows will spend four weeks exploring their leadership, core values, desired legacies and their vision for global finance industry.
Additionally, each Fellow commits to launching a leadership venture that will stretch and challenge them and have a positive impact on the finance sector and society.
As Fellows, the finance leaders join more than 2,200 other entrepreneurial leaders from over 50 countries to become members of the AGLN.