Arc Finance Board of Directors

Arc Finance's Board of Directors bring deep and varied experience with energy enterprises, microfinance, and investments in developing countries.

Philip J. LaRocco (Board Chair)
Founder, E+Co.
Philip LaRocco, E+Co's Founder and Chief Executive Officer, has over 25 years of experience in international business and project development. Regarded as a pioneer in his field, Phil developed the enterprise-centered model for clean energy investments that is working in over thirty developing countries. Since it was founded in 1994, E+Co has invested in more than 200 energy enterprises and mobilized more than US$183 million in capital. He teaches graduate-level energy and development courses at Columbia University's School of International and Public Affairs. Prior to founding E+Co, Phil was the Director of World Trade and Economic Development for the Port Authority of New York and New Jersey. In this capacity, Phil oversaw the New York World Trade Center and a network of international offices. He has been the keynote speaker at various conferences and received the Carlo Marchi Foundation Award from the World Renewable Energy Congress in 2006. Under his leadership, E+Co won the Financial Times' prestigious Sustainable Investor of the Year award in 2008, which highlights groundbreaking achievement in the area of sustainable investment, recognizing programs with outstanding triple bottom-line impacts. More…

Nancy Barry
Founder and President of Enterprise Solutions to Poverty
Nancy Barry launched Enterprise Solutions to Poverty (ESP) in 2006. ESP works with major corporations, emerging entrepreneurs, and leading business schools to build business models that engage low-income producers as suppliers, distributors, and consumers of products that build income and assets. Nancy is recognized as a global leader in building finance and enterprise systems that work for the majority. She was President of Women's World Banking from 1990 to 2006, expanding the WWB network to reach over 20 million low-income entrepreneurs and shaping microfinance worldwide. From 1975 to 1990, Nancy worked at the World Bank, pioneering small-enterprise programs and leading work on industry, trade, and finance. Nancy has a Bachelor of Arts degree in economics from Stanford University and an MBA from Harvard Business School. She has received various awards, including recognition as one of Forbes magazine's 100 Most Powerful Women in the World in 2004 and 2005. She was also named in U.S. News and World Report's "America's 20 Best Leaders" in 2006.

Harish Hande
Managing Director, SELCO-India
Dr. Harish Hande co-founded SELCO-India in 1995, a social enterprise which promotes sustainable technologies in rural India. SELCO-India created India's first linkage between a rural service network for renewable energy and a financing program that utilizes the vast number of rural banks. With its headquarters in Bangalore, SELCO has 25 branches in Karnataka and Gujarat, and the model has been replicated in other parts of the world. Harish won the prestigious Ashden Awards for Sustainable Energy in 2005 and the Ashden Awards Outstanding Achievement Award in 2007. Harish won the Tech Museum Award in 2005 and was named the Social Entrepreneur of the Year 2007 by the Schwab Foundation for Social Entrepreneurship and the Nand & Jeet Khemka Foundation. He serves on the board of numerous organizations in India and internationally. Harish has a doctoral degree from the University of Massachusetts in energy engineering, with a specialty in solar energy for developing countries and an undergraduate degree in energy engineering from the Indian Institute of Technology, Kharagpur. More…

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Arc Finance Board of Directors