Speakers Biographies | Welcome Note

Sumit Agarwal is the Vice-Dean (Ph.D. & Research), Low Tuck Kwong Professor, Professor in the departments of Economics, Finance and Real Estate at the National University of Singapore. Sumit is also the Research Director at the Centre for Asset Management Research & Investments (CAMRI) at NUS Business School, where he spearheads the CAMRI Life-Cycle Saving and Investing in Asia Research Series. Previously, he was a senior financial economist in the research department at the Federal Reserve Bank of Chicago and prior to joining the Chicago Fed, he was a senior vice president and credit risk management executive in the Small Business Risk Solutions Group of Bank of America

Sumit`s research interests include issues relating to financial institutions, household finance, behavioral finance, international finance, real estate markets and capital markets. He has published over fifty research articles in journals like the American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Journal of Financial Economics, Review of Financial Studies among others. Additionally, he has co-edited a collected volume on Household Credit Usage: Personal Debt and Mortgages. He writes regular op-ed`s in the Straits Times and is featured on various media outlets like the BBC, CNBC, and Fox.


Speakers Biographies | Keynote Speech

Mark Sidel is Doyle-Bascom Professor of Law and Public Affairs at the University of Wisconsin, and Consultant for Asia at the Washington-based International Center for Not-for-Profit Law (ICNL). 

Sidel has worked throughout greater Asia, including in Australia, Bangladesh, Cambodia, China, DPRK (North Korea), Hong Kong, Kazakhstan, Japan, Pakistan, Singapore, Thailand, Vietnam, and elsewhere in the region. He held program positions with the Ford Foundation in Beijing, Hanoi, Bangkok and New Delhi, and has served as President of the International Society for Third Sector Research (ISTR), the international academic association working to strengthen research on civil society, philanthropy and the non-profit sector. Sidel currently serves on the Council on Foundations Community Foundations National Standards Board, the national accrediting and standard setting body for American community foundations and trusts; as consultant to the International Center for Not-for-Profit Law (ICNL) for its Asia work and its MacArthur Foundation-funded project to assist in the development of nonprofit law in China; and as board member of the Association for Research on Nonprofit Organisations and Voluntary Action (ARNOVA).

Sidel's is a frequent consultant for international donor agencies and NGOs. His recent and current consulting and advising service includes the Bill and Melinda Gates Foundation (China), the Ford Foundation (China), UNDP (United Nations Development Programme) (Asia regional and Vietnam), DANIDA (Danish foreign aid) (Vietnam), Norwegian Centre for Human Rights (China and Vietnam), and a number of other institutions.

Sidel has authored and edited a number of volumes on civil society in Asia, law in Asia, and related areas, and a wide array of scholarly articles.


Speakers Biographies | Plenary Session

Keith Chua has been Managing Director of the Alby Group since 1979 and Executive Chairman of ABR Holdings since 2004. His business interests range from hotels, travel services, retail and distribution, food service operations and property investments. He is also the Chairman of the Board of Advisors at the Asia Centre for Social Entrepreneurship and Philanthropy.

Keith is actively involved in various community service, church and mission agencies. He serves as Vicar’s Warden of St Andrew’s Cathedral and Chairman of its Finance and Property Committee, Provincial Treasurer of the Province of South East Asia, and Board Member and Management Committee Chairman of the Singapore Anglican Community Services. He is in the Standing Committee of the Diocese of Singapore, serves as Treasurer and Trustee of SOMA International and Board member of Five Talents International. Keith is also a Trustee of CMS and the Mrs Lee Choon Guan Trust Fund.

He received his degree in Business Administration from the University of Singapore.


In 1999, Matthew Spacie established Magic Bus, which he has grown from a small group of volunteers conducting informal rugby sessions and one-off outdoor camps for disadvantaged children in Mumbai, into a multiple award-winning, large-scale NGO working to move millions of children and youth from highly marginalised communities out of poverty. He currently heads Magic Bus operations across the world.

Prior to creating Magic Bus at the age of 29, Matthew cofounded cleartrip.com, which he and his partnership team built into a US $600 million per annum online travel business making it the largest pure-play online travel company in South Asia. At that time Matthew was also the COO of Cox and Kings, India's largest holiday tour operator.

Matthew has been elected an Ashoka Fellow, a TED Fellow and as an ACSEP Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) Fellow, and has been awarded full international rugby caps for India and playing in the World Cup Qualifiers in 2001. In 2007, he was awarded an MBE for services to children in the Commonwealth.
Matthew sits on the Global Advisory Boards of Etihad Airlines and DASRA. 

He is a UK Citizen and is married with one child.


Ken Ito works for AVPN as Regional Head (East Asia). He has a bachelor degree in economics and MBA in International Management from The American Graduate School of International Management (Thunderbird) in the United States. Ken spent ten years in the private sector, with his last position at GE Capital. He subsequently joined the Institute for Strategic Leadership (ISL) to launch the Center for Social Innovation, to promote social innovation through its leadership training programs.

He has also organized the Social Entrepreneur of the Year (SEOY) in Japan award, part of the global SEOY program of Schwab Foundation in Switzerland. Ken had been a partner at Social Venture Partners Tokyo from 2005 to 2012, running its venture philanthropy fund to support and nurture local social entrepreneurs. He has been actively promoting SVP's model in Japan and other Asian countries and successfully supported the launch of VP organisations in Singapore and Hong Kong. He is visiting senior researcher at SFC Research Institute at Keio University since 2007. Ken teaches at Graduate School of Media and Governance as Lecturer and conduct research programs as Project Research Associate from 2010.


Patsian Low is the Senior Vice President and Head of DBS Foundation. The Foundation champions social entrepreneurship and supports the growth of social enterprises all over Asia. Key initiatives include Social Venture Challenge Asia, a grantmaking programme for social enterprises, and incubator programmes in Singapore, Hong Kong, China, Taiwan, Hong Kong, India and Indonesia. 

Her prior position was Director and head of the Philanthropy division in the National Volunteer & Philanthropy Centre (NVPC), which provided programmes that promote and engage philanthropy from different donor sectors in Singapore. Some initiatives include the online philanthropy platform www.sggives.org, independent charity evaluation services, a quarterly Grantmakers Roundtable, among others. 

Patsian has senior-level financial sector experience in U.S., Hong Kong and Singapore within various global institutions like Bankers Trust, Deutsche Bank and State Street. She holds an MBA (Marketing) from New York University's Leonard N Stern School of Business, and a B.Sc. in Finance from Binghamton University (State University of New York).


Sasa Vucinic is Co-Founder and Managing Partner of North Base Media, the Founder of IndieVoices Project and the visiting social entrepreneur fellow at Asia Centre for Social Entrepreneurship & Philanthropy (ACSEP), National University of Singapore, Business School.

Previously, Sasa co-founded Media Development Loan Fund in 1995, and served as its founding Managing Director (CEO) from 1995 until March 2011. Sasa and MDLF co-founder Stuart Auerbach, shared a passion for quality journalism and a belief that independent news media are essential to sustained political, social and economic development.Together they launched a 'media bank' to help journalists in countries with a history of media oppression build sustainable news businesses, strong enough to stay independent of governments, political parties and oligarchs. 17 years after making its first loan to a small Slovakian newspaper SME, MDLF has provided over $130 million in affordable financing and helped more than 90 independent news businesses in 32 countries to grow.The organisation changed its name to Media Development Investment Fund in January 2013.

In 2013, Sasa founded IndieVoices (www.IndieVoic.es), the first crowdfunding portal for independent media in the developing world. Last year, and last year he co-founded North Base Media, an impact investment fund focusing on media in the emerging markets. Sasa graduated in international law from the University of Belgrade in 1985 and attended The General Manager Program (TGMP) at Harvard Business School in 2000. He was named a Global Leader of Tomorrow by the World Economic Forum in 2000 and named a Senior Ashoka Fellow in 2008.


Lam Swee Sum is an associate professor of finance at the National University of Singapore (NUS) Business School.  Paper qualifications aside, Swee Sum has had diverse work experience in corporate banking, corporate finance and real estate prior to joining NUS.  She holds professional qualifications as a chartered accountant and a chartered financial analyst.  She is also the Director of the Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) at the NUS Business School.

As Director of ACSEP, she re-envisioned ACSEP as an intervention program in the NUS to promote understanding and the impactful practice of social entrepreneurship and philanthropy through research and education.  Therefore, ACSEP conducts both basic and applied research and disseminates the knowledge through formal as well as informal learning experiences.  In the area of education, Swee Sum has worked to establish scholarships and develop the curriculum at both the undergraduate and graduate levels.  Modules include social entrepreneurship, business with a social conscience, measuring success in philanthropy and impact investing, and field service project.  Besides field building, ACSEP also engages in capacity building for socially driven organisations.  Swee Sum has partnered with various partner universities and non-profit organisations to develop train-the-trainer programs to foster entrepreneurship for sustainable development in the Philippines and Indonesia. 


Speakers Biographies | Paper Presentations


Barbara Scheck is an Assistant Professor for Social Investment at the University of Hamburg since 2012. Her research focuses on the financing of social enterprises, impact and mission-related investing and impact assessment. She holds a Diplôme de Grande Ecole and MSc from the European School of Management where she studied International Business Administration in Paris, Oxford and Berlin and a PhD from Technical University Munich.

Barbara started her career in the German Diplomatic Service before co-founding and heading a financial literacy project established by Allianz, McKinsey & Company, KPMG and Grey. During her Ph.D. she has developed the Social Reporting Standard, guidelines for impact-oriented reporting. Other significant experiences include consulting for a social venture capital fund and projects


Una O. Osili, Ph.D., is Director of Research at the Lilly Family School of Philanthropy at Indiana University, a leading academic center dedicated to increasing the understanding of philanthropy and improving its practice worldwide.   Dr. Osili previously served as the Interim Director of Research and has been the Director of Research at the Lilly Family School of Philanthropy since 2009.  Dr. Osili is the current Chair of the Research Committee of the Women's Philanthropy Institute, and is a member of the Research Committee of the Lake Institute for Faith and Giving.  She leads the Center's extensive research program for its partners including Salvation Army, Bank of America, United Way Worldwide, United Student Aid Funds, the Alban Institute, and National Collegiate Athletic Association.  Dr. Osili provides guidance for the research for Giving USA, which is published by Giving USA Foundation.  She also directs the School's signature research project, the Center on Philanthropy Panel Study (COPPS). COPPS is the largest and most comprehensive study of philanthropy of American families over time, and is conducted in partnership with the University of Michigan's Panel Study of Income Dynamics (PSID).


Aimee Shih is an Assistant Professor in the Department of Accounting at NUS Business School. Her research interests in capital markets include the role of intermediaries in financial markets and firm discretion in financial reporting. Her research has also examined financial reporting quality of non-profit organisations. She has published work in top-tier accounting journal, The Accounting Review. At NUS Business School, Dr. Shih also serves as an affiliated faculty member at Asia Center for Social Entrepreneurship & Philanthropy (ASCEP) and has given talks on good governance in charitable entities. Prior to joining NUS Business School, Dr. Shih obtained a Ph.D. in Accounting and a BA in Economics from New York University. Before commencing the Ph.D. program, she was a research associated in the Finance, Valuation and Damages Practice at the Law & Economics Consulting Group (LECG), Corp. in New York.


Joppe Ter Meer is an academic researcher working in the Business-Society Management Department of the Rotterdam School of Management, Erasmus University, the Netherlands. The topics covered by the department members range from corporate governance to ethics, partnerships, non-profit management, volunteering and sustainability, all focusing on the relationship of businesses with modern-day society.

Joppe's research deals with the contrasting institutional context in the scaling of social enterprises. The paper to be presented at the ACSEP International Symposium on Social Entrepreneurship follows the current major institutional change of retreating governments in social funding as is occurring in many countries throughout the world. This trend asks for a different approach as the institutional spheres are shifting and require other institutions to 'take the stage'. Social enterprises, as part of the civil society sphere, are one of them and are the main actors of this paper.

Throughout his work, Joppe developed in depth knowledge not only on social entrepreneurship, but also on voluntary association membership and management. These type of organisations, for example voluntary sport clubs, have to deal with new and greater responsibilities due to these governmental and institutional changes. In both areas of expertise, Joppe focuses on adopting a more macro- or institutional view in identifying trends and errors while coming up with new insights and possibilities for everyday problems of these organisations. Besides the research, Joppe acts as an instructor/teacher in courses concerning Social Entrepreneurship, Methodology and Sport Management.


Sungjun Park was born in Seoul, Korea, in 1989. He received his B.A. degree in Global Business Administration from SUNGKYUNKWAN University (SKKU), Seoul, Korea, in 2012. He received a four-year SAMSUNG global scholarship, and received the Highest Honor award in 2010 at SKKU. He received his M.S. degree in Management Engineering from Korea Advanced Institute of Science and Technology (KAIST) College of Business, Seoul, Korea, in 2014. He received the Highest Honor award and is listed on the Dean's List for 2013 at KAIST College of Business. He is currently a PhD student in the School of Management Engineering, KAIST College of Business, Seoul, Korea. His current research interests include consumer behavior, emotion, creativity, morality, cross-culture, and social entrepreneurship. He received a Silver Award in recognition for the 32nd Cheil Worldwide Idea Festival in 2011. In addition, he received the 1st Award in the Social Venture Competition in Asia, in 2012, and was a finalist for the Global Social Venture Competition held in UC Berkeley, USA, in 2013.


Amy Yi Ou is an Assistant Professor in the Department of Management and Organisation at NUS business school. Her research interest includes strategic leadership, organisational culture, and cross-cultural management. Her papers have been published in top-tier management journals such as Administrative Science Quarterly, Journal of Applied Psychology and Journal of Management. Her research on cross-cultural management won the 2012 Journal of Management Best Paper Award, and her research on humble chief executives received extensive international media coverage including Forbes and USAtoday. She received her doctorate in management from Arizona State University.

Dr. Ou has always been interested in practices and research on social enterprises. She was one of the pioneering organizers of Sunshine Program, China’s 1st private Marrow Bank for patients with blood disease. She has been a certified facilitator for the Alternatives to Violence Project (AVP), a global training program to enable participants to deal with potentially violent situations in new and creative ways. She currently serves as an affiliated faculty member at Asia Centre for Social Entrepreneurship & Philanthropy (ACSEP) to promote research and teaching on social enterprises.


Dr Rob John is a visiting senior fellow at the Asia Centre for Social Entrepreneurship and Philanthropy at NUS Business School. His research interests include innovations in Asian philanthropy, giving circles and social entrepreneurship ecosystem . Since 2004 Rob has helped create two venture philanthropy networks (EVPA and AVPN) and was a fellow at the Skoll Centre for Social Entrepreneurship, Said Business School, Oxford.  He divides his time between Singapore and Cambridge.


Sampsa Samila is an Assistant Professor of Strategy at NUS Business School where he teaches courses on business strategy and venture capital. His research focuses primarily on economic geography, entrepreneurship, and social capital. He has studied for instance how venture capital, labor laws, and government research funding affect regional economic growth. He is currently engaged in studies of immigration and labor laws, regional variations in the supply of venture capital, social capital in early modern trade, returns to sustained brokerage in networks, and co-authorship networks of science. His work has been published in journals such as Review of Economics and Statistics, Management Science, and Research Policy. He obtained his master’s and doctoral degrees from Columbia University and, prior to NUS, he taught at Columbia University and Brock University.


Dr Weina Zhang is the Visiting Senior Fellow of Finance and Research Director, Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) at the National University of Singapore (NUS) Business School. She was previously a Senior Tutor and Assistant Professor of Finance at NUS. At NUS Business School, she teaches the course on investment analysis.

Weina's current research focuses on impact investing and social entrepreneurship. She explores the pricing and economic impact of government policies on financial instruments in emerging economies. She also examines how socially responsible actions of corporates are priced in international equity markets. Her papers have been published in many top-tier business and economics journals such as Management Science, Journal of Real Estate Finance and Economics, and European Journal of Operational Research. She has also published two undergraduate textbooks by Oxford University Press and one teaching case by IVEY. She serves as reviewers for many leading finance and economics international conferences, journals and research grants. She is one of the organizers for ACSEP's International Symposium on Social Entrepreneurship 2015. Weina obtained her Ph.D. in Finance from Kellogg School of Management at Northwestern University, IL, USA.


Yeo Wee Yong is an Associate Professor in the Department of Finance of the NUS Business School. He earned his Masters and Ph.D. from Kelley Business School at Indiana University, Bloomington. 

Wee Yong is presently the Associate Editor of the Asian Case Research Journal and have published a number of cases himself. Wee Yong’s expertise in research and teaching include market microstructure, REITs, financial markets and institutions, and investment banking. He has received a number of teaching awards and an outstanding service award from both the Business School and the University.


Speakers Biographies | Session Chairperson

Yupana Wiwattanakantang is an Associate Professor at National University of Singapore Business School. Her main research and teaching are in the area of corporate finance and governance focusing on family firms. Currently, Dr. Yupana is analyzing the strengths and weaknesses of family business, succession, the evolution of family ownership and control, behaviors and governance of family business groups.

Her research has been published in internationally top-tier ranking academic journals namely Journal of Financial Economics and Review of Financial Studies. She also has been featured in media such as the Financial Times, Economist, Wall Street Journal, Bloomberg, Business Times, Strait Times, Asian Private Banker, and Bangkok Post.
Dr. Yupana has been invited to present her research at many renowned universities and financial institutions such as the World Bank, European Central Bank, Bank of Japan, Development Bank of Japan, Central Bank of Finland (Suomen Pankki), Central Bank of Norway (Norges Bank), and the Stock Exchange of Thailand. Her consulting activities include corporate governance projects for the OECD and Asian Development Bank Institute. She also teaches executive education programs for NUS.

Dr. Yupana received her Ph.D. in Economics from Hitotsubashi University (Japan), and worked there from 2000-2010. She joined NUS since June 2010.