As Accion´s Chief Operating Officer, Esteban Altschul manages the implementation of Accion’s strategy and leads its global operations to ensure that Accion achieves its social and financial objectives. More specifically, he oversees its regional work in Latin America, Africa, and Asia, as well as our Global Advisory Solutions, Accion Venture Lab, and Human Resource teams, working across departments to ensure internal collaboration. Esteban is responsible for Accion’s global business development and serves on multiple boards of directors of Accion’s partners, including his role as Chairman of Banco Solidario (BancoSol) in Bolivia.
Prior to joining Accion, Esteban was Principal Investment Officer and led human resources at the International Finance Corporation (IFC), the private sector arm of the World Bank Group. He brings more than a decade of investment experience, including expertise in equity funds, small and medium enterprises, and investment exits. At IFC, he led and structured investments in Latin America and Eastern Europe that totaled over $1.3 billion in loans and equity and managed a $1.5 billion portfolio of more than 30 companies. He also led global staffing and was the architect of the first-ever compensation incentive plan for any multilateral organization. He began his career in investment banking at Kidder, Peabody & Co. in New York and has worked in more than 70 countries.
Esteban holds a B.S. in international business diplomacy and an M.S. in international economics from Georgetown University’s School of Foreign Service, where he graduated summa cum laude and Phi Beta Kappa.