Women Changing Finance – Details, episodes & analysis

In this introductory episode, Krisztina Tora, the podcast host, shares her journey and why she believes transforming the financial system is key to solving today’s challenges. 

This podcast will take you on a global journey to meet inspiring women from all around the world who are reshaping finance to create a positive impact for people and the planet. Tune in to discover every two weeks, their stories, gain fresh insights, and explore how finance can be a powerful tool for change.

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You can also follow Krisztina on LinkedIn or visit womenchangingfinance.org

In this episode of Women Changing Finance, host Krisztina Tora speaks with Carmen Correa, CEO of Pro Mujer, a pioneering social enterprise dedicated to advancing gender equality in Latin America. With over 30 years of experience in sustainable development, Carmen shares her insights on the impact of gender-lens investing and the challenges women face in accessing finance. She discusses the significant progress being made in Latin America, including the rise of gender bonds and innovative financial instruments designed to support women entrepreneurs. Tune in to discover how Carmen and her team are transforming lives and driving change in their communities, inspiring a new wave of investors to look towards Latin America for impactful opportunities.

Please review the episode, share your feedback and subscribe to the podcast!

You can also: 

• Visit our website: womenchangingfinance.org
• Follow Carmen on LinkedIn 
• Read Carmen's full bio 

To go further, here are some of the references mentioned by Carmen during the episode: 

• Pro Mujer https://promujer.org/portal/
• Pro Mujer's First Gender Bond https://promujer.org/en/blog/pro-mujer-issues-first-gender-bond-in-argentina/
• IDB Lab https://bidlab.org/en
• UN Women & Luxembourg Stock Exchange case study about Pro Mujer’s Gender Bond https://www.unwomen.org/sites/default/files/2024-03/case-study-series-innovative-financing-for-gender-equality-via-bonds-argentina-en.pdf
• Endeavor https://endeavor.org/
• Fundación Avina https://www.avina.net/en/home/
• Ellas Emprenden, book by Pro Mujer https://promujer.org/portal/2023/11/19/pro-mujer-publishes-first-book-she-ventures-stories-of-latin-american-women/
• Impact, by Sir Ronald Cohen https://www.impactrevolution.com/
• GLI Forum https://gliforumlatam.com/en/

In this episode of Women Changing Finance, host Krisztina Tora welcomes Naina S. Batra, CEO of AVPN, the largest regional social investment network that aims to increase the flow of financial, human and intellectual capital for impact. Naina discusses the evolving landscape of impact investing in Asia, highlighting the growth of ESG investments and the increasing interest of sovereign funds in the sector. She shares inspiring stories of impactful businesses that have successfully attracted capital and emphasizes the importance of networks in driving collaboration and change. Tune in to discover how Naina and AVPN are making significant strides in promoting impact investing and supporting the next generation of changemakers in Asia.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Follow Naina on LinkedIn 
• Read Naina's full bio 

To go further, here are some of the references mentioned by Naina during the episode:

• AVPN https://avpn.asia/
• LeapFrog https://leapfroginvest.com/
• Ankur Capital https://www.ankurcapital.com/
• Kaizen Capital https://www.kaizen-capital.net/
• Temasek https://temasek.com.sg/
• Khazanah Nasional Berhad https://www.khazanah.com.my/
• Mubadala Investment Company https://www.mubadala.com/
• Cropin https://www.cropin.com/
• Khushi Baby https://www.khushibaby.org/
• LifeSpring Hospital https://lifespring.in/
• Husk Power Systems https://huskpowersystems.com/
• From Blueprint to Scale https://acumen.org/app/uploads/2024/03/Acumen-From-Blueprint-to-Scale-report.pdf
• Beyond the Pioneer https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Financial-Services/dttl-monitor-Beyond-the-Pioneer-2014-04.pdf
• Reimagining Philanthropy in the Global South https://www.cambridge.org/core/books/reimagining-philanthropy-in-the-global-south/892D6D9A346C1670F2B28B95F6198607

In this episode of Women Changing Finance, host Krisztina Tora interviews Hamdiya Ismaila, a leader in venture capital and private equity in Ghana. As the founder and CEO of Savannah Impact Advisory and fund manager of the Ci Gaba Fund of Funds, Hamdiya shares her journey in building the impact investing ecosystem in Ghana. She discusses the importance of intentionality in investments, highlighting successful projects that enhance agricultural supply chains and support local communities. Hamdiya emphasizes the need for collaboration among stakeholders and the crucial role of women in driving impact finance. Join us to discover how Hamdiya is paving the way for inclusive growth and mobilizing local capital to create lasting change in Ghana.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Follow Hamdiya on LinkedIn
• Read Hamdiya's full bio 

To go further here are some of the references mentioned during the episode:

• Savannah Impact Advisory: https://siaghana.com/
• Ci-Gaba Fund of Funds: https://impactinvestinggh.org/programs/ci-gaba-progress-fund-of-funds/
• Impact Investing Ghana (IIGH): https://impactinvestinggh.org
• Ghana Market Mapping (by IIGH): https://impactinvestinggh.org/publications/the-state-of-impact-investing-in-ghana-unlocking-private-sector-capital-for-profit-and-impact-22/
• Catalytic Capital report (by IIGH): https://impactinvestinggh.org/publications/catalytic-capital-investment-in-ghanaian-smes-strategies-hurdles-and-outcomes-report/
• Research collaborative (by IIGH): https://impactinvestinggh.org/programs/the-ghana-research-industry-collaborative-gric/
• ESO collaborative (by IIGH): https://impactinvestinggh.org/programs/12-ghanaian-enterprises-transform-business-quality-through-eso-collaborative-scale-programme/
• Climate finance collaborative: https://impactinvestinggh.org/action-groups/climate-finance-collaborative/
• National  Pension Regulatory Authority: https://npra.gov.gh
• Mastercard Index of Women Entrepreneurs
• Venture  Capital Trust Fund: https://vctf.com.gh/
• Ghana Private Equity and Venture Capital Association: https://gvca-ghana.org/
• Ghana Angel Investor Network: https://www.gain.com.gh/
• Principles for dealing with the changing world order – Ray Dalio: https://www.principles.com/

In this episode of Women Changing Finance, Delilah Rothenberg, explains how investment structures can reduce inequality and build long-term resilience. Delilah shares why traditional finance tools often ignore the real risks — from income inequality to environmental collapse — and how a new mindset called systemic stewardship is helping investors think beyond short-term returns. We explore what fiduciary duty actually means when investors’ decisions affect entire sectors, and how new structures like employee and community ownership can transform who benefits from capital. From pushing for stronger governance in pension funds to helping investors measure their impact on inequality, Delilah is working hard to make finance more fair, inclusive, and sustainable. If you ever wondered if finance can really be transformed to serve everyone, tune in and get your answers from one of the experts leading the change.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Read Delilah's full bio
• Follow Delilah on LinkedIn

To go further here are some of the references mentioned during the episode:

• Predistribution Initiative https://www.predistributioninitiative.org/
• The Limits to Growth 
• Nell Minow, Robert Monks, James Hawley, Jon Lukomnik cited as experts on the topic of universal ownership
• The Investment Integration Project TIIP https://tiiproject.com/
• Principles for Responsible Investment (PRI) https://www.unpri.org/
• The Generation Foundation – Legal Framework for Impact https://www.genfound.org/our-thinking-foundation/collaborative-publications/a-legal-framework-for-impact/
• “ESG Is Dead - Long Live ESG: Guidance for US Pension Fiduciaries”, article written by Keith Johnson, Rick Funston, and Tiffany Reeves  
• Global Reporting Initiative (GRI) https://www.globalreporting.org/
• The Economic Policy Institute (EPI) https://www.epi.org/
• Open Society Foundations https://www.opensocietyfoundations.org/
• Taskforce on Inequality and Social-related Financial Disclosures (TISFD) https://www.tisfd.org/
• PGGM https://www.pggm.nl/en/
• University Pension Plan (UPP) https://myupp.ca/
• Moving Beyond Modern Portfolio Theory: Investing That Matters, by Jon Lukomnik, James P. Hawley
• 21st Century Investing, by William Burckart and Steve Lydenberg 
• Wealth Supremacy, by Marjorie Kelly
• The Myth of Capitalism: Monopolies and the Death of Competition by Jonathan Tepper with Denise Hearn
• Earth for All – A Survival Guide for Humanity 

In this episode of Women Changing Finance, Ana Laura Fernández, Vice President of Impact Investing at Fondo de Fondos, where she leads a $70 million Latin America Impact Fund, talks about building Mexico’s impact investing ecosystem.

The conversation dives into how her fund supports both emerging venture capital managers and direct co-investments across Latin America, targeting sectors like youth employment, sustainable agriculture, and climate innovation. Ana Laura shares how her team helps early-stage funds grow, why results-based contracts are gaining traction in Mexico, and how her role as Chair of the GSG’s National Partner in Mexico is helping elevate the country’s profile on the global stage.

This episode is rich with real-world examples — from supporting rural artisans through ethical fashion to scaling diabetes clinics that transform lives. Ana Laura also opens up about being one of the few women in investment leadership in Mexico, and how that perspective helped her champion deals others might have missed. It’s a conversation about courage, trust, and reimagining what finance can do — one investment at a time.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Read Ana Laura's full bio
• Follow Ana Laura on LinkedIn

To go further here are some of the references mentioned during the episode:

• AMEXCAP https://amexcap.com/ 
• Alianza por la inversión de impacto México https://aiimx.com.mx/
• Banco Nacional de México | Citibanamex https://www.banamex.com/
• Sonen Capital https://sonencapital.com/
• The Yield Lab Latam https://theyieldlablatam.com/
• World Agri-Tech Innovation Summit https://worldagritechinnovation.com/
• Someone Somewhere https://someonesomewhere.com/
• Nacional Financiera https://www.nafin.com/
• National Institute of the Entrepreneur (INADEM)
• Fondo de Fondos Mexico https://www.fondodefondos.com.mx/
• Grupo Bimbo https://www.grupobimbo.com/
• SOCAP https://socapglobal.com/
• FLII https://flii.org/
• GSG Impact GLM 2024
• Kauffman Fellows https://www.kauffmanfellows.org/ 
• Clinicas del Azucar https://clinicasdelazucar.com/
• Book: The Women of Lemuria by Monika Muranyi https://editions-ariane.com/en/book/women-of-lemuria-the

In this episode, Krisztina Tora sits down with Aunnie Patton Power, an investor, academic, and global thought leader, to explore how we can radically rethink the very foundations of investment. Aunnie shares why simply tweaking traditional models like venture capital and private equity isn’t enough, and how new, regenerative structures are urgently needed to better serve people and planet. Drawing from her book Adventure Finance, she brings practical insights into how investment models can shift from extractive to inclusive, and what courageous leadership looks like in building a financial system fit for the future. If you're passionate about systemic change in finance and curious about the real innovations shaping the next generation of impact investing, this conversation is a must-listen.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Read Aunnie's full bio
• Follow Aunnie on LinkedIn

To go further here are some of the references mentioned during the episode:

• RLabs https://rlabs.org/
• Creating a World Without Poverty - Muhammad Yunus https://www.muhammadyunus.org/post/252/creating-a-world-without-poverty
• Unitus Capital https://unituscapital.com/
• Adventure Finance – Aunnie Patton Power https://www.adventure.finance/
• Capital Explorer tool with Village Capital https://vilcap.com/our-tools
• Doughnut Economics by Kate Raworth https://www.kateraworth.com/
• Doughnut Economics Action Lab https://doughnuteconomics.org/
• Freckled: A Memoir of Growing Up Wild in Hawaii by Toby Wilson Neal 
• Educated by Tara Westover 
• Lessons in Chemistry by Bonnie Garmus 
• Africa Impact Summit 2025

What does it take to mobilize institutional capital for real impact, creating bridges between developed and emerging markets? In this episode, Krisztina Tora sits down with Yvonne Bakkum an impact leader focused on boosting the positive impact of capital. Amongst other roles, she was the founding Managing Director of FMO Investment Management where she mobilized private capital at scale for the SDGs. In the conversation, Yvonne shares how she helped shape the Dutch impact ecosystem, from pioneering work with pension funds to making development finance more accessible, impactful and accountable. We explore why financial institutions matter in emerging markets, how risk and reward can be redefined for social good, and what’s still holding us back. Yvonne also reflects on building an impact firm from the ground up, alongside deep personal reflections on resilience and leadership. If you care about making finance more human, and doing it at scale, this episode offers both insight and encouragement.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Follow Yvonne on LinkedIn

To go further here are some of the references mentioned during the episode:

• Netherlands Advisory Board (NAB) on Impact Investment https://www.nabimpactinvesting.nl/
• Principles for Responsible Investment (PRI) https://www.unpri.org/
• Achmea Investment Management https://www.achmeainvestmentmanagement.nl/english
• FMO https://www.fmo.nl/
• FMO Investment Management https://www.fmo-im.nl/en/
• Sustainable Finance Lab https://sustainablefinancelab.nl/en/
• Sustainable Pension Investments Lab (SPIL) https://spilplatform.com/
• ABN AMRO Bank https://www.abnamro.com/en/home
• Triodos Bank https://www.triodos.com/en/about-us
• Triple Jump https://triplejump.eu/

Read Yvonne's bio: Yvonne is an independent advisor, interim manager and board member focused on boosting the positive impact of capital. Currently she is advising Achmea Investment Management on the acceleration of their impact investing proposition. She was founding MD of FMO Investment Management BV, mobilizing private capital at scale for the SDGs. Yvonne worked at FMO for 22 years in total and held various other positions including Director Private Equity, Manager Credit Analysis and Manager Business Development. Earlier she worked at ABN AMRO. She holds a master’s degree in business economics from Erasmus University Rotterdam. Since 2022 Yvonne chairs the Netherlands Advisory Board on impact investing. She is a member of the Supervisory Board of Incofin Investment Management and holds several other supervisory/advisory positions. In 2022 and 2023 she was listed in the Netherlands top 50 ‘Women in Sustainable Finance’.

Just a decade ago, impact investing was barely on Japan’s radar. Today, it’s a multi-trillion yen movement — thanks in part to the bold shift of Japan’s largest public pension fund, which signaled a new era for responsible investing. In this episode of Women Changing Finance, host Krisztina Tora speaks with Nanako Kudo, Executive Director of the Japan Social Innovation and Investment Foundation (SIIF), about Japan’s remarkable impact journey. Nanako shares how government, startups, big corporates, and even ordinary citizens are coming together to build a more inclusive, sustainable economy. We explore real-world stories — from AI-powered career services for vulnerable workers, to department stores driving the circular economy, to public equity funds that get everyday people invest in companies doing good. Nanako also reflects on her own path: from a childhood dream of working at the UN, to becoming a pioneer in Japan’s impact finance landscape. With wisdom, vision, and a deep belief in collective action, she reminds us that system change is never linear — and that joy can be found in the everyday moments of building something better.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Follow Nanako on Linkedin

To go further here are some of the references mentioned during the episode:

• Japan Social Innovation and Investment Foundation (SIIF) 
• G8 Taskforce for Social Impact Investment (2013) 
• Government Pension Investment Fund (GPIF)
• Principles for Responsible Investment
• GSG Impact Japan
• Impact Market Size in Japan
•  Impact Startup Association 
• B Corps in Japan
• Marui Group 
• Acumen
• Nippon Foundation 
• Rockefeller Foundation 
• Japan Financial Services Agency Impact Consortium https://www.fsa.go.jp/en/news/2023/20231122.htmland https://impact-consortium.fsa.go.jp/en/
• Better Society Capital 
• JANPIA (Japan Impact Wholesaler) 
• About Impact Wholesalers
• Japan in the Gender Gap Report 
•  Global Gender Gap Report by the WEF 
• Theory U 

In this episode of Women Changing Finance, Krisztina Tora speaks with Amanda Feldman, Managing Director at Sonen Capital, a leading impact investment firm, where she leads Impact Engagement. With years of experience in impact investing, sustainability, and a deep commitment to impact management and measurement, Amanda shares her insights about the industry's evolving landscape. From her global vantage point spanning the US, Latin America, and Europe, Amanda discusses her role in shaping the foundations of the Impact Management Platform, and the key challenges and opportunities in mobilizing private capital for social and environmental change. She emphasizes the importance of listening to the entrepreneurs who know best what is needed to scale impact, she talks about the art of building consensus, and the need to ensure that impact risks are managed alongside financial returns. Tune in to hear Amanda’s powerful perspective on the future of impact investing and how she’s contributing to the creation of a more inclusive and accountable financial ecosystem.

Please review the episode, share your feedback and subscribe to the podcast!

You can also:

• Visit our website: womenchangingfinance.org
• Follow Amanda on LinkedIn
• Read Amanda's full bio 

To go further here are some of the references mentioned during the episode:

• Sonen Capital https://sonencapital.com/
• Volans https://volans.com/
• Bridges Fund Management https://www.bridgesfundmanagement.com/
• Impact Management Platform https://impactmanagementplatform.org/
• Maze https://maze-impact.com/
• FLII https://flii.org/
• Poem “The Way It Is” by William Stafford https://grateful.org/resource/the-way-it-is-william-stafford/