Tatika Catipay
Tatika Catipay
Amsterdam · internationally mobile · CPA · Dual MBA, Columbia Business School & London Business School
The Capital View

Capital & Investing

Operator-investor with 15+ years across transactions, strategy consulting, and operating roles, beginning in audit and M&A at Deloitte. I led SNV's alternative revenue strategy across a 26-country portfolio: sole author of the governance framework for its first EUR 5m listed equity allocation, running asset-manager selection end to end, and building three business cases, two of which SNV has since approved and staffed. Before that, COO of a venture-backed Japanese agrifintech with direct responsibility for capital at risk, where loan recovery rose from 76% to 97%.

76% → 97%
Loan recovery
On input credit repaid in harvested produce, across 46,000+ smallholder farmers in Ghana
EUR 5m
Fund governance
Sole author of the framework for SNV's first listed equity allocation, since deployed
USD 15m
Equity and debt raise
USD 10m Japanese venture equity and a USD 5m Ghanaian bank facility; I led the finance workstream
2 of 3
Business cases approved
SNV has since approved two of the three revenue lines I modelled and hired two principals to lead them
8x
Revenue growth
Degas revenue over three years, alongside the 24 to 190 team scale-up
USD 688.5m
Largest transaction
At Deloitte: financial due diligence and integration on a beverage-sector acquisition
Case studies

The work behind the numbers

Five pieces of work for readers who think in portfolios, governance, and capital at risk.

SNV · Global Business Strategy & Risk Lead

Designing investment governance from a blank page

SNV, a global development organisation working across 26 countries, had never invested its reserves. Over a two-year mandate I ran the feasibility study that identified c.40% of reserves as investable capital, sole-authored the Governance Framework for a first EUR 5m listed equity allocation (investment criteria, exclusions, SFDR classification, engagement expectations for the manager, committee structure, due diligence, exit strategy), and ran the procurement that appointed the external asset manager from four bidders.

Approved by the Executive Team and Supervisory Board; the full fund-operations cycle delivered, from policy design to manager appointment and deployment of the first EUR 5m.

Investment governanceFund operationsESG
Degas · Chief Operating Officer

Leading the finance workstream of a USD 15m raise

Degas needed growth capital that matched a two-continent operating reality. The raise totalled USD 15m: USD 10m of Japanese venture equity and a USD 5m working-capital facility from a Ghanaian commercial bank, across three currencies. The CEO led the investor negotiations. I led the finance workstream: I built the financial model and unit economics behind the raise, ran investor diligence, and set up the reporting and governance the investors required.

USD 15m raised: USD 10m of equity and a USD 5m bank facility. Recovery had already reached 95%, up from 76%, before the raise closed, and the Nestlé offtake contract I negotiated made the business more investable.

Capital raisingFinancial modellingInvestor relations
Degas · Chief Operating Officer

Taking loan recovery from 76% to 97%

Recovery across a fast-growing smallholder input-credit portfolio had to improve without slowing growth. I commissioned and oversaw an AI-based credit scoring system linking yield data, climate-risk exposure, and repayment history, and rebuilt portfolio monitoring around cohort-based risk analysis and disciplined routines.

Recovery rose from 76% to 97% and held above 95% as the portfolio grew to 46,000+ farmers across c.20,000 hectares.

Credit riskPortfolio managementAI & data
SNV · Global Business Strategy & Risk Lead

Building the business cases behind two new revenue lines

To reduce dependence on traditional donor funding, I built the financial business case template adopted across three new revenue lines (carbon finance, commercial value chain services, and investment-linked advisory), then authored all three financial models: hurdle rates set from the opportunity cost of reserves plus a risk premium, multiple-scenario NPV, IRR, breakeven year, and peak funding requirement.

SNV has since approved two of the three and hired two principals to lead them.

Strategic financeFinancial modellingBusiness cases
Deloitte · YCP Solidiance

Seven years in audit, transactions, and strategy

Fifty-plus engagements across two firms: cross-border M&A, valuation, commercial due diligence, PPP structuring, and market-entry strategy for corporates, PE funds, and DFIs across Asia and the Middle East. IC-ready models and board-level recommendations under transaction scrutiny.

Transactions up to USD 688.5m at Deloitte and IC-ready models for a EUR 400m acquisition at YCP Solidiance; promoted twice at each firm, reaching Country Lead at YCP Solidiance in 27 months.

Selected transactions

Deloitte

  • Financial due diligence and post-merger integration for a USD 688.5m beverage-sector acquisition in the Philippines
  • Financial due diligence for a Taiwanese strategic investor's 20% stake in a Philippine commercial bank
  • Due diligence and valuation on a Philippine hospital group for an emerging-markets impact investor
  • Reviewed the financials and built the equity-return model for a Singapore-based PE fund's wind-energy investment
  • Built the project finance model for a waste-to-energy PPP in Malaysia, including the financing and IFRIC 12 service-concession modules
  • Valuation of 20 companies for a Philippine restaurant group's share-swap consolidation

YCP Solidiance

  • Built the IC-ready model for a European luxury automotive group's EUR 400m market-entry acquisition
  • Built the USD 350m fundraising and valuation model for a Middle East e-commerce platform
  • Buy-side screening and commercial due diligence on six ASEAN targets for a German industrial group
M&ADue diligenceStrategy consulting
Experience

Fifteen years, three continents

Swipe the map · tap a city
Based Studied Based & studied Hover or tap a city

Plus a 26-country portfolio at SNV and transaction work for clients across Asia, the Middle East, and Europe.

Jun 2024 – Jun 2026
Global Business Strategy & Risk Lead
SNV · The Hague · 26 countries across Africa & Asia
Two-year mandate leading the alternative revenue strategy of a global development organisation (EUR 220m budget, 1,400+ staff): feasibility study, investment governance, asset-manager selection, and three commercial business cases, two of which SNV has since approved and staffed. Advisor to the Executive Team and Supervisory Board on strategy, capital, and risk.
Apr 2021 – Mar 2024
Chief Operating Officer
Degas Ltd. · Accra, Ghana · Tokyo, Japan
Venture-backed Japanese agrifintech serving 46,000+ smallholder farmers in West Africa, 43% of them women. Accountable for the P&L to EBITDA, operations, finance, credit risk, investor engagement, and portfolio performance.
Sep 2019 – Feb 2021
Head of Operations
Impact Terra · Yangon, Myanmar · Amsterdam
VC-backed digital agriculture platform, with investment from the Dutch Ministry of Foreign Affairs. Scaled Golden Paddy to 60,000+ users, launched a B2B SaaS product with Wageningen University & Research, and improved operating margins by c.10%.
Jan 2018 – Sep 2019
Senior Management Consultant (retained, project-based)
Exelix · Sydney · Jakarta · Remote
Financial modelling, investment feasibility, and market-entry strategy for corporates and investors across emerging markets; established Exelix Indonesia within three months.
Oct 2014 – Oct 2017
Country Lead · Project Manager
YCP Solidiance · Singapore · Manila · Abu Dhabi
20+ strategy, valuation, and investment advisory engagements for corporates, PE funds, and DFIs across Asia and the Middle East; established and led the firm's Philippines office.
Dec 2010 – Aug 2014
Senior M&A Associate · Audit
Deloitte · Manila · Singapore · Kuala Lumpur
30+ cross-border M&A, valuation, PPP, and financial due diligence engagements up to USD 688.5m across energy, infrastructure, financial services, and consumer sectors. Two rapid promotions.
Credentials

Education & certifications

Education

MBA (Dual Degree)
Columbia Business School & London Business School · 2026
Ranked 1st in Class · GPA 9.8/10
Columbia Business School: Dean's Honors with Distinction (Top 5%) · Academic Excellence Award
London Business School: Awarded with Distinction, Top 10%
Concentrations: Sustainable Finance, Private Equity & Venture Capital, Climate and Development, Capital Markets, Value Investing, Leadership
MSc Finance (Economic Policy)
SOAS University of London · 2022
Graduated with Merit
Postgraduate Certificate, International Business & Management
Chuo Graduate School of Management, Tokyo & JAIMS, USA · 2018
Top 2 of cohort · Best Capstone Project Award · Fujitsu Scholarship
BSc Business Administration & Accountancy
University of the Philippines Diliman · 2010
Dean's List · Sumitomo Leadership Scholarship · Fujibank Academic Scholarship

Certifications & more

  • Certified Public Accountant (CPA), Philippines
  • Passed Level I of the CFA Program
  • Sustainable Investing Certificate, CFA Institute (candidate, November 2026 exam)
  • ULI Asset Management Certificate, Urban Land Institute
  • Languages: English (fluent), Filipino (native), Spanish (intermediate), French (basic), Dutch (learning)
  • Teaching: Part-time Lecturer in Finance, Far Eastern University (2013–14); coached the CFA Research Challenge team to a national top-three finish
On the record

Speaking & writing

Tatika Catipay speaking on a panel at Bloomberg New Economy Gateway Africa, Marrakech, 2023
On stage at Bloomberg New Economy Gateway Africa, Marrakech, 2023.
Panel: food security and building a self-sufficient food system. Watch on Bloomberg →
Marrakech · 2023
Virtual panel hosted from Paris, alongside the African Development Bank's Director of Agriculture Finance. Watch →
2022
Agri-tech, satellite data, and climate-risk insight in agriculture. Session listing →
Tokyo · 2023
LBS Alumni Sustainability Club · Careers in Sustainability
Panellist on operator-to-investor career paths in sustainability.
London · 2025
Article, Exelix Insights, with Farinne Georgeopoulos.
2024
Contact

Get in touch

I work at the intersection of capital, operations, and impact, across Europe, Africa, and Asia. If you're building something there, I'd like to hear about it.

Based in Amsterdam · Internationally mobile
Full CV available on request.