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Can private capital save development?

Can private capital save development?

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Author: Selin Bucak, Features Writer


From her office in Delhi, Dr Nisha Dhawan is doing something her predecessors at EMpower never did: running a global foundation from the Global South. The new president and CEO of the New York-headquartered foundation, which was set up 25 years ago by emerging markets investment professionals to channel money back into the regions generating their returns, was never asked to relocate. That, she says, is the point, and it is a recognition of the importance of leadership that’s close to the people an organisation is helping.

“I was never asked…

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