2021 Blended Finance & Impact Week


Maria Teresa Zappia


Deputy CEO, Chief Impact and Blended Finance Officer


Maria Teresa has worked in the emerging markets finance sector for over 20 years. She has worked for several development banks and financial institutions (European Bank for Reconstruction and Development (EBRD), Asian Development Bank (ADB), Overseas Development Institute (ODI), and OECD Development Centre based both in the field (Africa, South East Asia, and Central Asia) and in head-office. Before joining BlueOrchard, Maria Teresa worked as Senior Banker in the Group for Small Business which was EBRD’s microfinance and SME finance team and managed a portfolio of microfinance/SME credit lines with local commercial banks and MFIs across the Balkans, Central Europe and Central Asia. Maria Teresa joined BlueOrchard in 2008 to manage the investment team. As of 2012 Maria Teresa was appointed Chief Investment Officer and was responsible for the top-down part of the investment process at BlueOrchard together with the Portfolio Management Team. She now leads the Blended Finance Impact Management team and is responsible for the PPP funds under BlueOrchard’s management and BlueOrchard’s impact practice.

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