Board of Directors

Patricia Arias Otero.
Patricia has built her career at the Santander Group, ultimately serving for ten years as Regional Director for the Basque Country. She currently is a Senior Advisor at Seed Capital, a member of the Governing Council of the University of Deusto and holds positions on several advisory boards, including the Deusto Social Lab.

Olivier De Guerre
Olivier founded Phitrust in 2003, pioneering impact investing in France to promote sustainable and socially responsible business practices. With a background in asset management, he held senior roles at GT Finance and Crédit Suisse. He is also a board member of Admical.

Maria Doiciu
Senior expert in capacity building and technical assistance for financial institutions, as well as in policy advisory for the social economy. Maria has contributed to the design of innovative financial instruments, regulatory frameworks, and investment strategies across multiple countries.

Cyrille Langendorff
Cyrille Langendorff is Associate Director at Phitrust, with over 30 years of experience in banking, finance, and impact investing. He has held senior roles at Crédit Coopératif and chaired GSG Impact France. He contributes to several European initiatives and is a member of the French social impact association FAIR.

Giampietro Pizzo
Senior microfinance expert with longstanding experience in leading and coordinating technical assistance activities, structuring investment funds, and conducting evaluations and research projects for the microfinance sector globally. He has worked with a wide range of international organizations and multilateral institutions.

Svetlana Roganovic
Experienced risk manager, former CEO of Monte Credit, a leading microfinance institution in Montenegro, and former Board Member of the European Microfinance Network (EMN). Svetlana currently manages a microfinance portfolio exceeding €500 million across four continents at VisionFund International.

Paola Zanet
Paola has over 20 years of experience in ethical finance. She is a member of the Executive Management Committee of Banca Popolare Etica and currently oversees international affairs and the bank’s operations in Spain. She is a founding team member of Etica Sgr.
