Meet the Team

Executive Leadership

LOREN STODDARD
Founder & CEO

Loren Stoddard is the Founder and CEO of Veridicor and the architect of the Stakeholder Prosperity Bond, an ICMA-aligned instrument that ties capital to verified stakeholder outcomes. He brings roughly 30 years of experience building markets in complex environments, including 24 years with USAID on the Mission Director track, with senior leadership roles in Peru, Afghanistan, Colombia, Sudan, and South Africa. In Peru, he led the alternative development program whose cacao alliances helped drive San Martín’s transformation, with regional exports growing from $16 million to over $1.2 billion and poverty falling from 70 percent to 31 percent. In Afghanistan, he managed an economic growth portfolio exceeding $1.8 billion, and he later helped lead Power Africa’s clean energy expansion. Before USAID, he spent five years brokering food products across the United States, Chile, and Japan. Veridicor’s first Stakeholder Prosperity Bond, a $100 million issuance in Zambia, was publicly reported by Reuters in April 2026. Loren holds an MBA and a Master of International Management from Thunderbird School of Global Management and Arizona State University, speaks native Spanish, and presented at PDAC 2026.

Board of Advisors

Ann Rutledge

Ann Rutledge is a capital markets expert with over four decades of experience applying systems thinking to the evolving dynamics of global finance. As Founder and Managing Principal of her firm, she co-developed patented intellectual property that models how credit risk decay affects bond valuation. Her mission is to democratize access to credit information through rigorous, unbiased analysis. 

A published author with Oxford University Press, she has designed and led advanced training for corporations, regulators, and universities worldwide, and has contributed to statutory exam development in the U.S. and Hong Kong. Ann currently advises the UNDP Africa Concilium on sovereign credit ratings, serves on the Executive Committee of the Fixed Income Investor Network, and is an advisor to Veridicor. She holds an MBA from the University of Chicago Booth School of Business, a BA from Wellesley College, and is a Phi Beta Kappa and former FLAS Scholar in Chinese.

Alfred Nakatsuma

Alfred is a seasoned international development expert with decades of experience in sustainable natural resources management, spanning forestry, marine, energy, freshwater, and minerals sectors. He has led field implementation, policy development, strategy, political economy analysis, and stakeholder engagement across Latin America and Asia, with a consistent focus on indigenous participation and equitable benefit sharing. 

A former USAID Diplomat in Residence and Senior Foreign Service Officer, Alfred has also taught university courses in international development and has been recognized with numerous awards from U.S. and foreign governments, foundations, and NGOs. Since retiring, he continues to serve as a senior advisor to government, private sector, and non-profit organizations.

Ambassador Christopher Dell

Ambassador Christopher Dell is a distinguished former U.S. diplomat with a 32-year Foreign Service career that spanned Europe, Africa, Asia, and Washington, where he served in senior roles including Director for NATO Affairs. He held ambassadorial posts in Angola, Zimbabwe, and Kosovo, and served as Deputy Ambassador in Afghanistan and Deputy Commander of U.S. Africa Command. 

Since retiring, he has led operations for Bechtel in Mozambique, consulted for Fieldstone on African infrastructure projects, and served as a director for Sicona Batteries. He continues to advise the U.S. Joint Chiefs of Staff on civil-military affairs and serves on the boards of the National Center for State Courts and the American College of Sofia. His numerous honors include the Presidential Distinguished Service Award and high state decorations from Afghanistan and Bulgaria. Ambassador Dell holds a B.A. from Columbia University and an M.Phil in International Relations from Oxford, and is fluent in Spanish, Portuguese, and Bulgarian.

Sarah-Ann Lynch

Ambassador Sarah-Ann Lynch is a senior diplomat and former Career Minister with more than 34 years of experience advancing U.S. foreign policy across South Asia, the Middle East, Latin America, and the Caribbean. Her career has focused on navigating complex political environments, strengthening international partnerships, and advising on geopolitical and economic strategy.

Most recently, she served as Civilian Deputy to the Commander and Senior Foreign Policy Advisor at U.S. Southern Command, where she provided strategic guidance on political-military and regional economic issues. As U.S. Ambassador to Guyana, she played a key role in supporting democratic stability during a contentious election period while helping expand U.S. commercial engagement in one of the world’s fastest-growing energy economies. She also served concurrently as the Secretary of State’s Representative to CARICOM, strengthening regional diplomatic relationships across the Caribbean.

Justin R. Stoddard, PhD

Dr. Justin R. Stoddard is a leadership expert, speaker, and executive coach with over 20 years of experience shaped by service as an Army combat medic, infantry officer, and intelligence officer. As founder of Climbing the Mountain, LLC, he specializes in resilience, mentoring, and ethical leadership, translating both frontline experience and academic research into actionable strategies for growth through adversity. 

Holding a PhD in education with a focus on resilience and character development, he has published and presented internationally and consults across sectors to strengthen cultures of trust and accountability. Dr. Stoddard is an active member of the International Leadership Association and serves on several advisory boards, including Veridicor.

Dr. Ken Yamashita

Dr. Ken Yamashita brings over four decades of international development and public health experience to Veridicor’s Board of Advisors. A former Career Minister with USAID, he served in leadership roles across Latin America, Africa, Eastern Europe, and Asia, including as Mission Director in Afghanistan, Colombia, and South Africa. Ken also served as Director for Global Operations at the Peace Corps and was recently inducted into the American Academy of Diplomacy. He has coordinated multi-agency U.S. efforts abroad, pioneered women’s empowerment initiatives, and advised on development strategies at the highest levels of government. His global expertise and strategic insight are instrumental in guiding Veridicor’s impact-driven mission.

Nenad Janicevic

Nenad Janicevic is a globally respected legal expert with over 30 years of experience in corporate law, governance, and international legal affairs. He is the Managing Partner of a leading law firm in North Macedonia and served as President of the Macedonian Bar Association for over a decade. A trusted advisor to global legal bodies, Nenad currently counsels the President of the International Association of Lawyers (UIA) and represents legal interests across Europe. He is also the Honorary Consul of Peru in North Macedonia. Recognized for his contributions to legal ethics and reform, Nenad brings strategic insight, cross-border expertise, and a commitment to integrity—qualities that strengthen Veridicor’s governance and stakeholder engagement mission.

Rob Karpati
Board member and Director of Veridicor's V-Prosper Division

Rob Karpati is a seasoned finance executive with over 35 years of global experience in strategic transformation and business process optimization. He has led cross-cultural initiatives to align diverse stakeholders and unlock shared value, using finance as a driver of systemic improvement. Rob champions a balanced, win/win approach that integrates corporate, regulatory, and community interests for long-term, sustainable outcomes. As a Partner at The Blended Capital Group, he is currently focused on transforming the global artisanal mining sector to realize its financial, social, and environmental potential. As a Veridicor Advisory Board member, Rob brings deep insight into impact finance and ecosystem design to advance the organization’s mission.

Samir Giha

Mr. Samir Giha serves as the Chairman of the International Cocoa Organization’s (ICCO) Working Group for Generic Promotion of Cacao, a role he has held since 2022. Appointed to lead this international initiative, Mr. Giha drives the global promotion of cacao by emphasizing its cultural, economic, and social significance. His leadership focuses on fostering equitable trade practices, amplifying origin-based storytelling, and expanding cacao’s presence in both emerging and mature markets.

Under Mr. Giha’s direction, the Working Group has prioritized transformative initiatives to elevate cacao’s global profile. He spearheads efforts to deepen consumer and industry awareness of cacao’s rich heritage and economic value, particularly for origin countries. By championing sustainable and fair trade practices, Mr. Giha ensures that cacao-producing nations are at the forefront of international policy and promotion. His strategic vision integrates origin-maker perspectives, bridging local expertise with global market demands.

A skilled convener, Mr. Giha excels in stakeholder engagement, forging impactful collaborations across public and private sectors. His work unites diverse voices—from farmers and producers to policymakers and industry leaders—to create a cohesive, inclusive approach to cacao promotion. Through his leadership, the ICCO’s Working Group continues to shape the future of cacao as a culturally vital and economically sustainable global commodity.

Scott North

Scott North is the co-founder of Kamoa Capital, an advisory and capital-raising firm for resource and junior mining companies. Specializing in commercial strategy, investor relations, and exploration economics, he regularly consults on major mineral discoveries and publishes industry insights regarding the copper and PGM markets.
Scott combines deep sector insight with his passion for the industry to accelerate growth and optimise shareholder outcomes for resource companies.
Prior to launching Kamoa Capital in July 2025, Scott served as the Corporate Development Manager at Kingsrose Mining, where he focused on operational strategy and shareholder value optimization. He is well-known in the Australian and global resource sectors for advising junior explorers on optimizing their capital allocation and bridging the gap between exploration economics and investor expectations.

The Team

Maria Pascual
Chief Business Architect

Maria Pascual is a seasoned international development specialist with over 30 years of experience in organizational engineering, capacity building, and institutional development across public, private, and nonprofit sectors. She brings deep expertise in structuring systems that support both for-profit and government-led initiatives.  She has an extensive record in generating inclusive prosperity in agriculture, industry and service sectors.  At Veridicor, Maria is responsible for making business architecture the glue that binds the different aspects of the company, including strategy, operational structure, services, data management, partnerships, and others, always through tight collaboration with all Veridicor team leaders.

Slavka Stojanovska
Chief Operating Officer

Slavka Stojanovska brings over 18 years of international experience spanning the security sector, international development, and private enterprise. Known for forging high-impact partnerships and navigating complex regulatory environments, Slavka has worked with institutions such as WHO, OSCE, and USAID—collaborating with senior government officials and diplomatic actors to drive sustainable, measurable outcomes.

Her past roles include serving as VP of Business Development at a private consulting firm, where she advised on market expansion, secured strategic alliances, and supported clients operating in high-risk and transitional settings. Slavka has also consulted on EU-funded social and policy initiatives, deepening her expertise in stakeholder engagement and public sector alignment.

Multilingual and skilled in leading diverse teams, Slavka’s cross-sector insight and global network make her a trusted advisor in Veridicor’s mission to support responsible, resilient operations worldwide.

Noah Flessel
Vice President of Business Development

Noah Flessel is a stabilization and conflict mitigation expert with 16 years of extensive experience working in fragile, violence-affected and low-trust operating environments in Africa and the Middle East. He specializes in working with communities to design and implement development projects that build trust while addressing root causes of instability and improving community outcomes. He has a proven track record of reducing the risk of conflict, developing credible local partnerships, and building social and political capital that can be leveraged to prevent, mitigate or manage crises. As VP of BD he leads Veridicor’s global business development function, overseeing BD Directors, and BD Advisors, shaping and executing the company’s business development strategy, and coordinating opportunities, relationships, and regional priorities, in alignment with Veridicor’s commercial objectives.

Oscar Lancho
Regional Director (Latin America)

Oscar Lancho is a strategic finance and corporate structuring expert with more than 20 years of international experience leading financial operations, valuations, budget management, and stakeholder-focused financial strategies across Latin America, Africa, the Middle East, and other emerging markets. He is Founder and Financial Director of Metta Finance, a strategic finance advisory firm focused on external CFO services, financial restructuring, cash flow optimization, valuation, governance, and strategic decision-making support. He also serves as Strategic Consultant in Corporate Finance at PKF Vila Naranjo. Prior to this, Oscar spent over two decades with USAID, supporting complex multinational programs and diplomatic missions. His expertise includes business valuation, operational finance, governance, and stakeholder-aligned financial strategy.

Kristina Kempkey
Regional Director (Africa)

Kristina Kempkey is Director of the Africa Group at Veridicor, where she provides strategic advisory services on political risk, stakeholder dynamics, governance frameworks, and license-to-operate strategies affecting extractive sector operations across Africa. She advises governments, investors, and private sector clients on stakeholder engagement approaches that build trust, mitigate risk, and align commercial objectives with long-term value creation. Prior to joining Veridicor, she spent more than two decades in senior leadership roles at USAID, the U.S. Department of Defense, and the United Nations, managing governance and conflict mitigation portfolios exceeding $660 million across more than 20 countries. She holds a Master’s degree in International Security Studies from Columbia University and a Bachelor’s degree from UC Berkeley. 

Ms. Kempkey holds a Master’s degree in International Security Studies from Columbia University (SIPA), where she received the George C. Marshall Prize for Strategic Studies, and a Bachelor’s degree in Political Science from UC Berkeley, Magna Cum Laude.

John Youle
Senior Director (Peru)

John Youle is a senior international advisor with more than four decades of experience spanning diplomacy, corporate leadership, government relations, stakeholder engagement, and strategic advisory services across Latin America. He brings a rare combination of public and private sector expertise, having served as a U.S. diplomat, a senior executive in the mining sector, and a trusted advisor to companies operating in complex political and social environments. John is also Vice President of ConsultAndes, S.A. and ConsultAndes, LLC, where he has advised companies and institutions across the region for more than three decades. He previously served as Vice President of Southern Peru Copper, leading government relations, corporate communications, community engagement, and crisis management initiatives. At Veridicor, he strengthens strategic partnerships and guides stakeholder engagement across Peru. 

Peter Natiello
Senior Advisor (Bolivia)

Peter Natiello is a career member of the Senior Foreign Service with the rank of Career Minister and more than 35 years of experience advancing U.S. foreign policy, international development, peace building, civilian-military coordination, public diplomacy, and humanitarian affairs. He has held senior leadership positions across Latin America, Africa, Afghanistan, multilateral institutions, and U.S. Special Operations Command, working in some of the world’s most complex operating environments. His roles have included USAID Mission Director in Afghanistan, El Salvador, Colombia, and Bolivia, as well as Senior Deputy Assistant Administrator for Latin America and the Caribbean. Peter has led multi-billion dollar portfolios and built strategic partnerships across government, civil society, and the private sector to support stabilization, governance, and development outcomes.

Luis Flores, PhD

Luis Flores specializes in the design and implementation of sustainable agriculture projects, from site selection to linking farmers and processors with end markets. He brings decades of expertise at the intersection of land and water use, stakeholder participation, socio-economic wellbeing, and the evolving needs of the mining and energy sectors. Luis is an international development professional with 25 years of experience spanning Africa, Asia, Europe, Latin America, and the United States. A strategic thinker, he combines field expertise with research to address complex, multi-stakeholder challenges. Throughout his career, he has led major programs, built strategic alliances, and expanded market access across diverse industries. 

Nasrullah Ahmadzai

Nasrullah Ahmadzai is a Monitoring, Evaluation, and Learning (MEL) specialist with over 18 years of experience working across South and Central Asia, the Middle East, and Africa. He has led large-scale evaluations and data systems for USAID, the World Bank, and Oxfam, and served as COR at USAID/Afghanistan, overseeing $64 million in MEL contracts. Nasrullah combines field-tested stakeholder analysis with cutting-edge AI tools, such as NLP and sentiment analysis, to generate deep, actionable insights. He brings a rare blend of technical precision and cultural fluency to complex stakeholder environments. At Veridicor, he advances stakeholder diagnostics, adaptive learning, and strategic foresight to strengthen legitimacy, mitigate reputational risk, and inform decision-making in dynamic operational contexts.

DONATO PEÑA QUIÑONES

Donato Peña is a seasoned international development expert with nearly three decades of experience across Latin America and South Asia. His expertise spans monitoring and evaluation, strategic planning, stakeholder analysis, and results-based program design. At Veridicor, Donato leads the Monitoring and Evaluation practice and curates the “News of the Week” platform, providing strategic insights on global license-to-operate trends. A former USAID advisor and Peruvian government official, he has worked across sectors including alternative development, youth empowerment, agriculture, and private sector engagement. Donato holds advanced degrees in economics and social management and is also a certified soccer coach, using sport as a tool to build trust and strengthen community resilience. 

Liliana H. Gil

Liliana H. Gil is a purpose-driven development specialist with deep expertise in economic growth, social inclusion, and sustainable development, particularly within emerging and entrepreneurial ecosystems. She specializes in designing and implementing high-impact programs that reduce inequality, empower women and youth, generate economic growth, and support environmental sustainability. Skilled in strategic planning, partnership development, and social impact advisory, Liliana has built strong alliances with governments, multilateral organizations, and private sector leaders including Starbucks, Walmart, Cisco, and Microsoft. With a strong focus on innovation, resilience, and measurable impact, she is passionate about leveraging entrepreneurship and inclusive business models to create lasting and meaningful change. 

Engr. Clever Sithole

Engr. Clever Sithole, MSc, BEng, is a distinguished mining strategist, gemologist, and mineral evaluator with extensive experience in gemstone formalization, ethical sourcing, and value chain integration. He serves as Chairperson of the African Gemstones and Jewellery Committee under the African Minerals Development Centre of the African Union. He holds a Master’s degree in Applied Entrepreneurship and Business Management and a Bachelor of Engineering in Mining and Mineral Processing Engineering, and is currently pursuing a DPhil in Mineral Economics. His career includes serving as Head Gemologist for the USAID/DAI Invest project in Afghanistan and as a Mineral Evaluator in Zimbabwe. His work continues to advance sustainable mineral governance and regional beneficiation across Africa. 

Leo Watts
Business Development Advisor

Leo Watts is a private sector and stakeholder engagement specialist supporting Veridicor’s origination and technical integration work. As Private Sector Engagement Officer at Winrock International, he contributed to more than $150 million in winning donor-funded programs across U.S. Government, GIZ, and Swiss development cooperation portfolios, with proposal and implementation experience spanning the Dominican Republic, Jamaica, Central America, Vietnam, Bangladesh, India, Ukraine, Mozambique, the Democratic Republic of the Congo, and the Sahel. Relevant work addressed compliance risks in communities adjacent to artisanal and small-scale mining operations plus responsible-sourcing experience with partnership design with the Alliance for Responsible Mining and supply-chain traceability work with Nestlé, alongside corporate engagements with AB InBev and PepsiCo. He has also advised and scaled SMEs, with two successful exits. He is completing a master’s degree in Human Rights, Interculturality and Development and works in English, Spanish, French, and Portuguese.

Jared Batzel
Business Development Advisor

Jared Batzel is an international development and humanitarian specialist with extensive experience leading strategy and operations in complex crisis environments. A former U.S. Foreign Service Officer with USAID and Major in the United States Marine Corps, he has managed large-scale humanitarian programmes, advised governments and multilateral partners, and supported disaster response and resilience initiatives across Africa, the Indo-Pacific and the Middle East. Jared combines expertise in humanitarian assistance, strategic planning, risk analysis and international partnerships to help organisations navigate complex challenges and deliver sustainable impact. At Veridicor, he provides strategic advisory support on international development and business growth.

Madlina Elbahar
Executive and Outreach Coordinator

Jared Batzel is an international development and humanitarian specialist with extensive experience leading strategy and operations in complex crisis environments. A former U.S. Foreign Service Officer with USAID and Major in the United States Marine Corps, he has managed large-scale humanitarian programmes, advised governments and multilateral partners, and supported disaster response and resilience initiatives across Africa, the Indo-Pacific and the Middle East. Jared combines expertise in humanitarian assistance, strategic planning, risk analysis and international partnerships to help organisations navigate complex challenges and deliver sustainable impact. At Veridicor, he provides strategic advisory support on international development and business growth.

Mahesh Kanjee

Mahesh Kanjee is a seasoned procurement, contracts and business operations specialist. Having held senior leadership roles with USAID, the U.S. Centers for Disease Control and Prevention, the U.S. Department of State, Old Mutual and Vodacom, he brings deep expertise in business analysis, procurement strategy and operational performance. At Veridicor, Mahesh provides strategic analytical support for business development across Africa, helping identify opportunities, strengthen decision-making and support sustainable growth. 

Mónica Tuesta

Mónica Tuesta is a project management, monitoring and evaluation, and geographic information systems (GIS) specialist with more than 20 years of experience supporting international development programmes. Having spent over two decades in international development in Peru, she has led monitoring and evaluation for multimillion-dollar initiatives, developed geospatial analyses to inform strategic decision-making, and strengthened collaboration between government, donor and implementing partners. At Veridicor, Mónica brings deep expertise in data analysis, GIS, project oversight and performance management, helping organisations turn complex information into practical insights that improve programme delivery and impact. 

Lois Moodley
Communications Director

Lois Moodley is a strategic communications consultant with more than 20 years’ experience helping organisations translate complex ideas into compelling stories that influence policy, attract investment and inspire action. She has worked across climate, energy, international development, gender, governance and social impact, leading communications for major donor-funded programmes and global partnerships. Her expertise spans strategic communications, stakeholder engagement, thought leadership, media relations, digital communications, content development and event strategy. Lois works with foundations, NGOs, governments and the private sector to develop communications that build trust, strengthen partnerships and drive meaningful change. She is passionate about using communications as a catalyst for sustainable development and social impact. 

Mahmuda Rahman Khan

Recipient of the prestigious Laura W. Bush Award for Excellence in the Advancement of Global Women’s Equality (2022), Mahmuda Rahman Khan is a seasoned development professional and technical expert in gender integration across multiple sectors. She is a former USAID staff. She also taught university courses in Gender Issues in Public Health, and  Gender & feminists movements in SRHR  in KIT: Royal Tropical Institute. She holds graduate degrees in Economics (Bangladesh) and Gender & Development (UK), and brings extensive experience from both international and national development organizations, as well as the private sector in emerging markets. She has demonstrated outstanding expertise in designing, organizing, and delivering impactful training programs and has facilitated numerous workshops in her areas of specialization, including gender equality, development, leadership, and organizational capacity building. Known for her strong facilitation and team leadership skills, she excels in engaging diverse stakeholders and creating collaborative learning environments. Mahmuda is highly adept at establishing and nurturing strategic relationships with government leaders, international development agencies, donor organizations, and national partners to successfully plan and implement programs and projects. Her distinguished career reflects a proven track record of advancing impactful initiatives with international, US-based, and local organizations across diverse development contexts. She worked for BRAC, UNFPA, DFID, and USAID.

Saurabh Naithani

Saurabh has 20 years of experience working on private sector development, governance and institutional strengthening. He has served in various lead and technical roles for the World Bank Group and UN agencies in low-capacity, post-conflict environments including Afghanistan, Sudan, South Sudan and Rwanda. He most recently served as the Private Sector Engagement Advisor at USAID Egypt between 2021 to 2025, establishing partnerships that mobilize private investments for community and development solutions. Saurabh is based in Cairo, Egypt, and covers the Middle East/North Africa region for business development while also serving as the Director of Veridicor University.

Robert Natiello