Trustees & Officers
Joseph C. F. Lufkin
Joe Lufkin is founder and Director of IFCL Group, a specialist international development finance consulting firm. He has been an active entrepreneur in international finance since 1981, when he organized and ran fund management businesses Marine Midland (C.I.) Ltd. and Intercurrency Fund Ltd. for HSBC in New York.
From 1989 to 1997, he founded and ran the Global Proxy Services Corporation (GPSC), which grew to represent many of the world’s largest private and public investment institutions as corporate governance advisor and legal proxy over more than $200BN+ in listed equities worldwide. Mr. Lufkin sold the GPSC business to Automated Data Processing Inc., a Fortune 200 company, in 1997.
Since 1998, he has been involved in various facets of development finance in the Asia Pacific region, working primarily with the Asian Development Bank as consultant on the design, establishment, operations and evaluation of funds, financing facilities, and large programs. In 2016, he was one of the founders of Asia Pacific Aid Programs Incorporated, an international development non-profit based in Manila, which he serves as Trustee. Over the past 18 years, his Pacific experience includes ADB-funded government advisory engagements in the Solomon Islands, Marshall Islands, Micronesia, Palau, Samoa and for the Pacific Region Infrastructure Facility (PRIF). He also advised the US Treasury Dep’t on aspects of negotiating the US-Japan Strategic Impediments Initiative (SII) talks in 1990-91, and served several terms on various international committees in Washington DC in the 90’s.
Mr. Lufkin is the author of Financing Mechanisms for Multi-Partner Development Projects (PRIF, Sydney, 2015), co-wrote Market Survey of Subnational Finance in Asia and the Pacific, (ADB, Manila, 2008), edited International Corporate Governance (Euromoney Books, London: 1991 & 2004 editions) and wrote “Models for Development of Shari’a-Compliant Private Equity and Venture Capital Funds”, a chapter in Islamic Asset Management (Euromoney Books, London, 2004). He also has been the author or subject of numerous articles over the years in the international financial press. A Yale graduate (BA 1976), Mr. Lufkin also attended Columbia University Graduate Schools of Business and International Affairs (1980). He worked at Sotheby’s and at Christie’s in London and New York before going into banking.
Dr. Michael R. Lindfield
Dr. Lindfield is an economist / financial analyst with over thirty years’ experience in international sustainable development policy formulation and designing of institutional and financial mechanisms to implement infrastructure policy. He has led large and diverse teams of professionals in support of successful government and private sector investment in a wide range of infrastructure, especially environmental infrastructure.
Dr. Lindfield was formerly Lead Professional for the Urban Sector and Chair of the Urban Community of Practice at the Asian Development Bank, where he developed and served as program manager of the Cities Development Initiative for Asia, an infrastructure project development facility; and as focal point for input to G20 activities and the development of ADB’s activities in urban competitiveness and urban environmental infrastructure. These activities included structuring projects for private sector involvement and to address global issues such as climate change.
He has a proven track record in management and policy development as Department Head of the Institute for Housing and Urban Development Studies in the Netherlands and as Deputy Director/ Senior Research Fellow, in the Australian Housing and Urban Research Institute at the Queensland University of Technology. He has worked as a consultant for the World Bank, the Asian Development Bank and the United Nations, as well as for private sector and government agencies. He has long term project experience in India, Thailand, Indonesia Malaysia, the Philippines, Sri Lanka, Bangladesh, Vietnam, China and Fiji and has managed and/or provided input to a large number of projects in a range of other Asian, African, Middle East and Latin American countries. He has also had experience of working with Commonwealth, State and local governments in Australia.
His fields of expertise are: infrastructure policy and finance, project development, sustainable development policy, local government finance, and regional economic development. He has a Bachelors degree in Architecture from Sydney University and a Masters degree in Commerce from the University of New South Wales in Australia. He obtained his PhD in Economics, which focused on risk assessment for private sector finance of infrastructure provision, from Erasmus University in the Netherlands.
International Advisory Board
Gerd Droesse
Mr. Droesse has more than 32 years of experience in working for international organizations and held senior positions in the Green Climate Fund (GCF), Asian Development Bank (ADB) and the Food and Agriculture Organization of the United Nations (FAO).
Mr. Droesse joined the Asian Development Bank in 1995 after having served for 12 years in the FAO (his last position was that of legal advisor to the Director of Personnel of FAO). In ADB, Mr. Droesse held the positions of Head: Special Practice Group: Institutional and Administrative , Office of the General Counsel; Legal Adviser of the Asian Development Bank Institute in Tokyo; and, at Director level, the position of Lead Specialist, Institution and Coordination in the Office of The Secretary of ADB.
Mr. Droesse was appointed Legal Counsel of the Interim Secretariat in early 2012 and served in that capacity and as Acting General Counsel until 31 August 2014. Mr. Droesse continues to be associated with the Green Climate Fund as (external) Senior Legal Advisor to the Office of the General Counsel and also advises other international organizations.
Mr. Droesse is the author of the book Funds for Development: Multilateral Channels of Concessional Financing, which was launched in 2011 at the Centre of International Law of the National University of Singapore and has contributed to a number of other publications. His new book, titled Membership in International Organizations. Paradigms of Membership Structures, Legal Implications of Membership and the Concept of International Organization is forthcoming in early 2017.
Mr. Droesse is a recognized specialist in institutional law and international administrative law with a demonstrated track record in managing teams and providing intellectual leadership and high-level advice on a wide range of institutional and administrative matters, including the conduct of disciplinary and anticorruption investigations, staff grievances and Administrative Tribunal cases, the adoption of new policies, complex institutional and financial policy matters and corporate governance issues.
Mr. Droesse has extensive experience with resource mobilization issues, funding mechanisms and innovative modalities of financing. He frequently serves as a keynote speaker on institutional and governance matters at international conferences or seminars.
Omar H. Tiwana
Omar is a U.S. qualified attorney (admitted California – 1982) specializing in international banking and corporate transactions, with over 25 – years of experience at multilateral development banks (MDB) and major U.S. banking and finance companies, as well as with private sector law firms.
Over the past 7 years, as part of his consulting assignments, Omar has served as an adviser to the African Development Bank (AfDB), the Asian Infrastructure Investment Bank (AIIB), the Islamic Development Bank (IsDB), the Asian Development Bank (ADB) and, most recently, to the World Bank (WB). Since 2013, he has periodically lectured on MDB procurement, compliance, and integrity – related subjects at the International Law Institute (ILI) in Washington D.C. and currently serves as an advisor to ILI on MDB procurement -related matters.
Prior to 2013, Omar worked with ADB for almost 20 years until his retirement that year. At ADB, he served as Lead Procurement Specialist from 2010-2013. Other positions he held at ADB included Principal Procurement Specialist, (2006- 2009) and Senior Procurement Specialist (2002-2005). Prior to that time, Omar served as Counsel in the Office of General Counsel (1995 to 2001).
Omar represented ADB on, among others, the OECD DAC Task Force on Procurement, the Procurement Working Group on PPPs and Private Sector, and he served as Task Team Leader for ADB’s Regional Technical Assistance: the Asia Pacific Procurement Partnership Initiative. He contributed to ADB publications, including Trade & Procurement: Effective Public Purchasing & Market Access (2013); SME Development: Government Procurement & Inclusive Growth (2012), and Strategic Importance of Public Procurement (2011).
Prior to joining ADB, among other positions, Omar was Vice President and Compliance Counsel at Citibank N.A. and Regional Legal Counsel for South Asia (India, Pakistan, Bangladesh, Sri Lanka) at American Express Bank Ltd from 1987 – 1995. He provided legal & regulatory advice on banking issues, drafted short-term secured lending documentation, compliance and anti-money laundering training. His earlier publications included ‘Interest-free Banking in Pakistan’ in the International Financial Law Review (1985) while he was a Senior Associate at Orr, Dignam & Co, a leading corporate law firm in Pakistan.
Omar was a Charles Dana Fellow at the International Energy Agency within the Organization for Economic Cooperation & Development (OECD), based in Paris, France during 1981 – 82, primarily working on anti-trust legal issues. He studied at Northwestern University, School of Law, and was awarded a Juris Doctor (J.D.) degree in 1979. He completed his undergraduate work and was awarded a degree (A.B.) in Economics Cum Laude at the University of Chicago in 1975.
Omar was born in San Francisco, California. He resides in Manila, Philippines. He is a member of State Bar of California (admitted 1982). His hobbies are Polo and Horse – Riding, Latin Jazz, and Reading (Industrial Policy, International Trade & Development).
Christoph Graf von Waldersee
Born in Germany, Christoph has been a multilateral development finance specialist for more than 30 years. He is a former executive of the German Government development investment bank DEG, now KfW.
He has managed a large ecological EU project in China, worked with the World Bank, Asian Development Bank, African Development Bank, The Green Climate Fund and other international and national development banks.
Concurrently serving as the Program Finance Director of The Ecological Sequestration Trust, London, he is advising municipal & provincial governments in Asia, Africa & Europe how to sustainably finance development & resilient infrastructure.
Christoph assists also as the Project Director (International Affairs) for CCDF – the China City Development Foundation, Hong Kong. He is a member of the China Advisory Board of CDP (The Carbon Disclosure Project), London, and for more than 25 years, has been a member of the German Council on Foreign Relations, Berlin, a German international relations think tank, and serves as the speaker of the advisory board of the German Asia Pacific Society, Berlin/Cologne, in Germany.
For more than 30 years, he has been working with governments & corporations in Europe, Asia and other parts of the world, enhancing and financing sustainable urban development, industrial and social development, creation and upgrading of public infrastructure with a focus on a higher resource use efficiency.
Christoph is a founding partner of three China-based investment & advisory partnerships, two of which are foreign-domestic joint ventures focused on investing into the Asian water sector. As such he is the co-founder & Managing Director of Asia Water Development Corporation Ltd. (HK) and a shareholder in KWIG-Kardan Water Int’l Group.
Christoph holds a degree in Business Administration from E.B.S. – European Business School (Germany/France/UK), studied Far Eastern History & Development Economics at the Ruhr-University, Bochum, Germany, and Political Economics at the Peking University, Beijing, China. He speaks German, English, Chinese and French.
T. David Hodgkinson
Mr. Hodgkinson has over 25 years of experience as a staff member of multilateral development institutions, including the World Bank (13 years) and the Asian Development Bank (12 years+). While at ADB, he originated and managed a portfolio of private sector investments, ranging from agribusiness projects to development-oriented private equity funds. Subsequently, he headed ADB’s commercial co-financing team, with a global remit to arrange financial partnerships with leading international banks and institutional investors and to structure and execute credit and political risk guarantees.
In 2006, Mr. Hodgkinson founded Emerald Capital Asia Ltd, a financial and investment advisory firm operating in Asia Pacific. His private sector activities include advising investment funds and growth-oriented companies, mainly in the food and agriculture, energy, and transport/logistics sectors. He specialises in climate-smart agriculture and resilient infrastructure development. This includes assistance to project sponsors (whether public-, private- or PPPs), in project preparation and fund raising, from traditional sources as well as specialized infrastructure and climate finance providers.
Since 2014, Mr. Hodgkinson has been engaged as Senior Climate Finance consultant to ADB’s Sustainable Development and Climate Change Department, working on a range of initiatives related to the financing of climate change adaptation and mitigation.
Mr. Hodgkinson holds graduate degrees from the George Washington University (International Affairs), the University of Southern California (MBA) and the University of Hawaii (Tropical Agriculture & Marine Resources), where he was an East-West Center scholar.
Mats Andersson
Mr. Andersson is an independent consultant specializing in urban, metropolitan and regional development, municipal and infrastructure finance, and related institutional development. His clients include multi- and bilateral development agencies, large financial institutions, governments, and research institutes. He provides consultancy services in:
Urban and Regional Development;
Metropolitan and Municipal Governance;
Project Development and Infrastructure Finance;
Municipal Finance and Inter-governmental Fiscal Relations;
Urban Environmental Management;
Institutional Development and Operational Efficiency; and
Training/Workshops (including metropolitan management, project management, teamwork, negotiation)
Between 1994 and 2007, Mats was municipal finance and urban management specialist at the World Bank, responsible for project development, lending and advisory programs in China and Eastern Europe. He led teams providing policy advice to national and sub-national governments, and assisted local and provincial governments with their finance, development, and implementation of municipal infrastructure projects. He led advisory teams on metropolitan management and land development, infrastructure finance, urban and city-regional studies, and arranged related workshops. Since 2008, Mats has had assignments for GIZ, World Bank, Asian Development Bank (ADB), and USAid, in Asia, Eastern Europe, and East Africa. Prior to joining the World Bank, Mats was with PriceWaterhouseCoopers, Bank of Montreal, and own consulting firm in Canada, with public and private sector clients in Canada, Sweden, and Latin America. His publications include Managing Cities and Agglomerations, Chapter 2 in Central America Urbanization Review, World Bank, Oct 2016; HABITAT III and Metropolitan Governance – Time to Act, Citiscope, May 2016; Unpacking Metropolitan Governance for Sustainable Development – Discussion Paper published by GIZ and UN-Habitat, July 2015; Metropolitan Governance and Finance, Chapter 2 in Farvaque C., Kopanyi M. (editors): “Municipal Finances: A Handbook for Local Governments” (Editors), The World Bank, 2014, USA; Metropolitan Management – Approaches and Implications, Paper presented at the 6th Urban research and Knowledge Symposium 2012 – Cities of Tomorrow: Framing the Future; Barcelona, Spain, October 8-10, 2012; Como No Quedarse en el Pasado, Personas & Organizaciones, Julio-Agosto 1993, Chile; Latin America – A New Frontier for Management Consulting, The CMC Journal, The Institute of Management Consultants of Canada, Fall 1992, Canada; Project Management – The Art of Getting Things Done Right, pmNetwork, Project Management Institute, February 1991, USA; Improving Project Management Capabilities, CA Magazine, October 1984, Canada; Managing a Systems Development Project, Project Management Quarterly, March 1978, USA.
Mats is a Swedish national with MBA degrees from Sweden and USA, and Certified Management Consultant (CMC) by the Canadian Association of Management Consultants (CAMC).
Associates
Camille Angeles – Corporate Finance Associate
Camille has extensive experience on research and analysis of development project, market and impact data, gained on work for IFCL client Asian Development Bank. Her specialty is development program design and budgeting. She has also worked on detailed analysis such as financial modelling, stress-testing, simulations and reporting regarding client investment projects in Philippines, Kazakhstan, India, and other countries.