As we approach the end of an exciting year, we are pleased to share that three new individuals have joined Tapestry’s Board of Directors. Their voices will support our evolution as we navigate the future; engage in new dynamic ways with non-profits, charities and co-ops across Canada; and continue to deepen and integrate our efforts to advance diversity, equity and inclusion in our organization and beyond.
As leaders in their respective fields, we are thrilled to have the unique expertise of Homaira Siddiqui, James Chan and Mritunjay Sinha to help guide our growing organization. Each of them brings a wealth of experience to strengthen our organization, with vast skills in finance, technology, social enterprise, and policy. Their addition to the Board will help to further position Tapestry as a critical leader in social finance in Canada.
Our new board members have shared some of their motivations and hopes for their time with Tapestry below – we look forward to growing with them in the time to come.
Mritunjay (MJ) Sinha
Entrepreneur social et investisseur, MJ a contribué à la création d'un portefeuille de microcrédits de plusieurs millions de dollars dans les zones rurales de l'Inde et d'une coopérative qui a servi plus de 200 femmes entrepreneurs. Par l'intermédiaire de sa société de conseil, il a aidé à déployer plus de 1,3 milliard de dollars par le biais de l'investissement d'impact sur le marché privé, et un autre 1,3 milliard de dollars par le biais de stratégies d'investissement responsable pour des bureaux familiaux et des fondations, y compris la Hamilton Community Foundation, la Kitchener Waterloo Community Foundation et le Upper Canada Equity Fund. MJ est trésorier de Computers for Success Canada, membre du conseil d'administration de The Helderleigh Foundation et de Philanthropic Foundations Canada, et siège au comité d'investissement d'impact de la Laidlaw Foundation et au comité consultatif d'investissement de la Foundation for Black Communities. La passion de MJ pour le changement social est complétée par son expérience des marchés financiers, de la stratégie d'entreprise et de la santé mondiale, ainsi que par ses diplômes en génie informatique et en MBA.
“I have been deeply passionate about the intersection of positive social change and financial returns for more than a decade now, even before I knew what impact investing was. I’ve admired the work that Tapestry Community Capital has done for the last many years helping structure impact investment products (such as community bonds), making them market ready, and assisting both investors and investees in looking at capitalism differently. So, it isn’t surprising that I am very excited to have been appointed to their Board. I look forward to working together with an amazing Board and team, and helping make capitalism a little more fair, just, and equitable.”
Homaira Siddiqui
Homaira seeks to find more sustainable and equitable ways in which energy can be generated, distributed, stored, and conserved. She is particularly interested in the intersection between energy and equity, and the ways in which distributed and aggregated energy projects can bolster community resilience. Homaira began her career in a technical role re-engineering the very first plastic known as the Bakelite resin by repurposing biomass from a pulping waste stream. Her engineering career has since traversed advocacy and policy, holding roles with Engineers Without Borders and the International Renewable Energy Agency. Her experience in the energy sector spans over five years covering markets across North America, where she has supported diverse clients to navigate pathways towards a distributed, low-carbon, and resilient energy future. Homaira is also an Advisory Committee member of Women In Renewable Energy (WiRE), where she serves to offer passionate women in the energy sector a meeting point and a catalyst for forming highly engaging and supportive relationships.
“I first came across the concept of a cooperative many years back with news of some of the earliest renewable cooperative pilots in Germany and Denmark. I remember being intrigued by this alternative – and what seemed ‘novel’ to me at the time – an investment model of pooling resources to meet an essential communal need. As an energy geek, I am fascinated by the parallels that can be drawn between decentralization of the grid and localization of economies. I am particularly interested in identifying and countering barriers to participation in alternative models that continue to favour elements of traditional top-down structures and do not recognize the diversity of local potential and needs. I am thrilled to have been appointed to the Board of TREC/Tapestry, a powerhouse of social innovation that has 20+ years of experience in raising community investment. It is an honour to have a chance to work with some of the most brilliant and passionate folks at TREC/Tapestry to facilitate and support resilient and inclusive investment models for community-led, socio-economic driven projects.”
James Chan
James works with people, places, and partnerships to foster civic participation, promote equitable urbanism, and grow the social economy. He is currently the Manager of VERGE Capital at Pillar Nonprofit Network, and serves on the Board of Directors for Inspirit Foundation. James is a past member of London Community Foundation’s social finance committee, was a co-founder of Ottawa Civic Tech, and served on the Board of Directors at Code for Canada, Park People, and The Centre for Active Transportation.
“TREC has been at the forefront of social innovation and social finance long before those terms were popularized. The idea that led to its creation over two decades ago is more relevant and important than ever – bringing communities together to address big challenges like climate change through shared risk-taking, financing, and ownership. Through TREC’s latest social enterprise Tapestry Community Capital, that same innovative and cooperative spirit is making it possible for communities to build and invest in a wide range of local initiatives such as affordable housing, arts & culture spaces, and community hubs. I am proud to join the Board of TREC and support its mission of bringing these projects to life through the power of community capital.”
Our new Board Members will provide diverse views and expertise that will further our collective work at Tapestry. Please join us in welcoming our newly elected Members!