Arjuna Costa is a partner at Omidyar Network where he leads the firm’s Financial Inclusion investments across emerging markets, including Africa, Latin America, and Southeast Asia. He leads Omidyar Network’s investments and has a board role in a number of innovative financial services companies, including Cignifi, Lenddo, MicroEnsure, Pagatech, RUMA, Segovia Technology, and Zoona. He also leads the engagement with several policy and research initiatives, such as AFI Global, GSMA’s Mobile Money for the Unbanked program and the Better Than Cash Alliance.
Before joining Omidyar Network, Arjuna consulted with Bankable Frontier Associates to the Gates Foundation analyzing the economics of delivering savings products. Prior to that role, he was a member of the special situations investment practice at The Rohatyn Group, a multi-billion dollar emerging markets investment firm. In 2003, Arjuna co-founded Africa International Financial Holdings LLC, a $115-million private equity fund focused on the turnaround of distressed commercial banks. The fund grew out of advising African governments on the restructuring and privatization of its banking sector. Arjuna began his career at Lehman Brothers, where he spent five years in the power and transportation groups.
Arjuna earned an MBA from Harvard Business School and a BA in computer science from Columbia University.