Executive Team


Steven Fox
New York

Steven has extensive expertise in advising corporate and financial investors on emerging market risk, global anti-corruption matters, and the political and business dynamics of Africa. Prior to founding Veracity, Steven served as a US diplomat in Burundi, France, Washington DC, and Algeria. He also was a managing director of a business intelligence firm where he developed and led its US practice. In addition, Steven has worked in private equity and as a political analyst based in Africa for mining company Anglo American. He holds degrees from Princeton University (BA), the University of Cambridge (M.Phil), and INSEAD (MBA) and speaks French.


Robb Fipp
New York

Robb has broad experience in advising clients on business and political developments across Southeast Asia and the Middle East. Before joining Veracity, Robb founded and helped manage investment, advisory, and technology firms in the US and abroad. Most recently he established and managed the Asia operations of a US-based venture capital firm with investments in Southeast Asia, China, and the Middle East. Robb also founded a boutique consulting firm focused on Asia’s emerging markets and played a leading role in developing the partnerships and alliances group of the enterprise software firm Trilogy based in the US and Europe. Robb holds a BA degree from Boston College and speaks German.

Managing Directors


David Handley, CMG
Managing Director

David has extensive experience in the Middle East and South Asia with particular expertise in the aerospace and defense sector. Prior to joining Veracity, he served as the Head of Group Strategic Analysis for a leading defense company, where he tracked international defense politics, monitored the changing military, security, and threat environment, and provided detailed analyses of the global challenges facing the defense industry. David also served in the British Secret Intelligence Service (SIS) for 27 years, with postings in Lebanon, Hungary, Guatemala, and Egypt, the latter during the first Gulf War of 1991. David was awarded the Companion of the Order of St. Michael and St. George (CMG) in 2000 and holds degrees in politics and economics from the University of Newcastle upon Tyne. He is proficient in Spanish, French, and Arabic, with knowledge of Hungarian and German.



Stewart Kelly
New York

Stewart has experience researching and analyzing political dynamics in sub-Saharan African countries, particularly as they pertain to the energy and mining sectors. Prior to joining Veracity, he worked in the information services sectors in Ireland and Uganda. He has authored published articles and business case studies on political risk issues in Angola, Zimbabwe, and the East African Community. Stewart holds degrees from Trinity College, Dublin (BA) and from the Fletcher School of Law and Diplomacy at Tufts University (MALD), and speaks French.


Daniel Patton

Daniel has wide-ranging experience in assisting investors with due diligence and other business intelligence services throughout Asia and Africa, involving several sectors including financial services, telecommunications, and mining. He previously worked for a leading business intelligence firm based in New York and London and also served as an economic analyst focused on the valuation of business risk. Daniel holds a BA degree in politics with a minor in economics from New York University and speaks French and Bahasa Indonesia. Daniel is based in Singapore.


Efrem Fisher
Associate Director
New York

Efrem has wide-ranging research and analytical experience across multiple sectors throughout Africa. Prior to joining Veracity’s New York office, he was Director of Research at The Corporate Council on Africa in Washington, DC. Efrem holds a BA degree from Duke University and a master’s degree from The Johns Hopkins School of Advanced International Studies where he specialized in African Studies and Emerging Markets, and served as Editor-in-Chief of The SAIS Review of International Affairs.


Mabel Sim
Associate Director

Mabel has completed a wide range of due diligence projects focused on individuals and entities throughout Asia. She joined Veracity after working in Lufthansa’s International Airline Professional Program where she conducted market research across several global regions.  Mabel holds a BSocSc degree in Political Science and Law from Singapore Management University and speaks Mandarin and German.


Andrea Sutcliffe
Associate Director
New York

Andrea has experience designing and implementing business development and marketing initiatives at Veracity and has a broad range of professional experience in operations. Prior to joining Veracity, she worked for a New York-based hedge fund and for a high-end retail company, where she coordinated a multi-store expansion. Andrea holds a BA in Political Science from Hunter College.



Caroline Emch
Senior Associate

Caroline has experience in researching political and economic developments in Africa and Latin America, primarily focusing on the education and health sectors. Prior to joining Veracity, she lived and studied in Argentina, Jordan, Sierra Leone, Singapore, Sudan, and Switzerland. Caroline holds a BA degree in Political Science from Davidson College and speaks French, Spanish, and Arabic.


Katherine Mancera
Senior Associate
New York

Katherine has experience and background in Latin American and African issues and has handled due diligence and political risk matters in several regions. Previously she worked in the nonprofit sector in public education and government relations. Katherine holds a BA in comparative literature from the University of Chicago. She has studied and travelled in Africa, Europe, and Latin America and speaks Spanish.


Michael Kremer
New York

Michael has experience in researching political and economic developments in the Middle East and Africa. Before joining Veracity, he completed a year-long intensive Arabic language fellowship in Cairo and worked for the American Chamber of Commerce in Egypt. He has also spent time working in the non-profit sector in Kenya. Michael holds a BA in International Relations from Tufts University and speaks Arabic.


Yuval Orr
New York

Yuval has experience in researching political and economic developments in the Middle East, primarily focusing on the telecommunications, energy, and infrastructure sectors. Prior to joining Veracity, he worked as a researcher at the University of Pennsylvania Middle East Center and completed a year-long intensive Arabic language fellowship in Cairo. Yuval has also lived and studied in Morocco and Israel, holds a BA degree in Modern Middle Eastern Studies from the University of Pennsylvania, and speaks Arabic and Hebrew.


Rachel Tecott
New York

Rachel has experience researching political developments and legal subjects in Africa and the Middle East. Prior to joining Veracity, she worked in Washington D.C. at a leading law firm and as a researcher at the Woodrow Wilson Center. Rachel studied Israeli counterterrorism tactics and decision-making in Israel with an Undergraduate Research Fellowship grant from the US Department of Homeland Security. Rachel holds a BA degree in Government with a minor in International Relations from Wesleyan University and speaks Spanish.


Shujing Zhang

Shujing has experience in researching political and economic developments in China and South East Asian countries. Prior to joining Veracity’s Singapore office, she worked at Euromonitor International, where she conducted market research across several regions, primarily focusing on the consumer goods sector. Shujing holds a BBM degree in Finance from Singapore Management University. She is a native of Sichuan Province, China and speaks Mandarin.

Senior Regional Advisors

Keith Martin
Latin America (Rio de Janeiro, Brazil)

Keith has broad experience analyzing and managing political and social risks and stakeholder relations in Latin America, Africa, the Middle East, and Central Asia. As a permanent resident of Brazil, he has worked as an advisor for a wide range of public and private sector entities, including Vale, Aon, the IFC, MIGA, and OPIC. Keith has been involved in various Brazilian business missions with senior government ministers and the President of Brazil and served as part of the President’s delegation to the 2013 Africa-South America Summit. Keith has an extensive track record publishing, speaking, and teaching on topics such as political and regulatory risk analysis and mitigation, project finance, fragile and conflict-affected states, and investments and trade between emerging markets. Keith received his BS in international affairs from Georgetown University and his MA and PhD (ABD) from McGill University. He speaks Portuguese, Spanish, French, German, and Turkish, among other languages.

Audace Ntungicimpaye
Sub-Saharan Africa (Johannesburg, South Africa)

Audace worked for BHP Billiton in a range of positions in Africa over an 18-year period to June 2012. For several years prior to leaving BHP Billiton, Audace held the position of Government Relations Manager for Africa, leading the company’s interactions with governments across Africa in respect to exploration projects and acquisition of new business opportunities within the African continent. He has wide experience both internationally and within Africa, including in Angola, Burundi, Democratic Republic of Congo, Ethiopia, Gabon, Guinea, Liberia, Madagascar, Mozambique, South Africa, Tanzania, Uganda, and Zambia. Prior to joining BHP Billiton, Audace worked as Director General of Geology and Mines in Burundi and lecturer at the Department of Earth Sciences of the University of Burundi. Audace holds a PhD in Geology from University of Gent in Belgium and speaks French and Swahili.

Frank Anderson
Middle East/North Africa

Frank served as an officer in the Central Intelli­gence Agency for 26 years, where he held several chief-of-station positions, headed the Afghan Task Force, and retired as the Chief of the Near East and South Asian Division. Over the past decade he has engaged extensively on major due diligence and political risk consulting projects throughout Central Asia, the Middle East, and North Africa. Frank also formerly served as President of the Middle East Policy Council, where he worked with a wide range of officials in the Middle East. He speaks Arabic and French.

Wilson Boinett
East Africa (Nairobi, Kenya)

Wilson served for a decade as Kenya’s top intelligence official and recently retired as the first Director General of Kenya’s National Security Intelligence Service. He also served as Chief of Military Intelligence in Kenya’s Defense Ministry and as a military aide to the president. Wilson also commanded peace-keeping operations in Mozambique and was an advisor and special envoy to the peace process in Chad.  In addition, he served as the commanding officer for the Kenyan contingent to the Rhodesia/Zimbabwe election process. Wilson is a graduate of the National Defense University in Washington DC and speaks Kiswahili.

Mel Gamble
Sub-Saharan Africa

Mel served for four decades as an operations officer in the Central Intelligence Agency, where he was Chief of the Africa Division and Deputy Chief of the European Division. As a senior intelligence officer he worked closely with the US National Security Council and the Departments of Defense and State on Africa matters, and has extensive experience managing operations in areas such as counter-intelligence, counter-terrorism, and counter-proliferation.  Mel speaks French, Spanish, and German.

Mary Ellen Havlik
West Africa (Abuja, Nigeria)

Mary Ellen has extensive diplomatic and consulting experience in Nigeria and has a detailed understanding of the political and business landscapes in the country. She served for four years as the Management, Consular, and Security Officer at the Canadian High Commission in Abuja, Nigeria where she managed a wide variety of bilateral government issues and interacted with senior Nigerian officials. Additionally she has worked in the local Nigerian NGO community, particularly in the education sector. Mary Ellen previously worked in the Royal Canadian Mounted Police as a member of the Division Executive Committee (Ontario) and in management positions including Information Management and Technology, Corporate Services, Media Relations, and Strategic Planning. She speaks French.

Nigel Inkster, CMG

Nigel served in the British Secret Intelligence Service (SIS) for 31 years where he held posts in Asia, Latin America, and Europe and worked extensively on transnational security issues. He spent seven years on the Board of SIS, the final two as Assistant Chief and Director for Operations and Intelligence. Nigel currently is Director of Transnational Threats and Political Risk at the International Institute for Strategic Studies (IISS) where he writes and speaks regularly on a range of issues including, terrorism, insurgency, organised crime, cyber security, intelligence, and political risk. He is the co-author of Drugs, Insecurity and Failed States: the Problems of Prohibition and has contributed a chapter on China inCyberspace and National Security which will be published in November 2012. He is a graduate of St John’s College Oxford and speaks Chinese.

Laurent Ruseckas

Laurent is an international authority on investment, energy, and politics throughout Eurasia. He has had a long career as an energy and business consultant, heading the Eurasia division at a major political risk consultancy, advising oil and gas companies active in the region, and serving as an energy trader in Baku, Azerbaijan. Laurent continues to work with Cambridge Energy Research Associates, where he is Principal Consultant to the World Bank and the European Commission, and where he has advised the energy industry on Russia, Kazakhstan, and Azerbaijan. He has published widely and speaks Russian.

Advisory Board Members

Robert C. Dinerstein
Chairman of the Board

Mr. Dinerstein served as the Global Co-Chair of the Financial Institutions Practice at Greenberg Traurig, LLP and as a senior executive with UBS Investment Bank where his roles included Vice Chairman, Americas, Global General Counsel, and member of the Management Committee and Board. His tenure at UBS included oversight of all legal, compliance, and regulatory matters. Mr. Dinerstein also served as Executive Vice President and General Counsel of Shearson Lehman Brothers and as Vice President and General Counsel of Citicorp’s Investment Bank. He was a member of the Board of Medarex, Inc., until its acquisition by Bristol-Myers Squibb in 2009 and was Chairman of Crossbow Ventures, Inc., a Florida based venture capital firm. Mr. Dinerstein is currently a member of the board of Amalgamated Bank in New York City and of the Council on Foreign Relations. He is a graduate of Harvard University and the University of Michigan Law School.

Nancy Boswell

Ms. Boswell recently served as the President and CEO of Transparency International-USA and as a member of the Board of Directors of Transparency International. She has served as an advisor to the US State Department and other government agencies. She also serves on the boards of the Institute for the Study of Diplomacy of Georgetown University Walsh School of Foreign Service and of the Hills Program on Governance at the Center for Strategic and International Studies. Ms. Boswell is on the Steering Committee of the ABA Section on International Law and Practice Committee on Foreign Corrupt Practices and is a member of the Securities Law Committee of the Federal Bar Association. She previously practiced public international and trade law at Steptoe & Johnson, government relations at the American Association of University Women, and international finance at Citicorp. Ms. Boswell received her law degree summa cum laude from the American University Washington College of Law.

Ambassador Stephen W. Bosworth

Ambassador Bosworth served from February 2009 to November 2011 as the United States Special Representative for North Korea Policy, a role in which he reported to the Secretary of State and President. During his lengthy Foreign Service career he also served as the US Ambassador to the Republic of Korea, to the Philippines, and to Tunisia. Additionally he was the Executive Director of the Korean Peninsula Energy Development Organization (KEDO) and the President of the United States Japan Foundation. Ambassador Bosworth has held several senior positions in the Department of State, including Director of Policy Planning. He currently is Dean of The Fletcher School of Law and Diplomacy at Tufts University, a position he has held since 2001. In addition, he is on the Board of Directors of the Japan Society of Boston and of the Trilateral Commission. Ambassador Bosworth is a graduate of Dartmouth College where he served on the Board of Trustees from 1992 to 2002.

Roberto Dañino

Mr. Dañino served from 2001 to 2002 as the Prime Minister of Peru and from 2002 to 2003 as Ambassador of Peru to the United States. He also served as Senior Vice President and General Counsel of the World Bank Group and Secretary General of the International Centre for Settlement of Investment Disputes. Additionally, Mr. Dañino served as a corporate lawyer for more than 30 years, including as a Partner at Wilmer, Cutler & Pickering where he headed the Latin American Practice. He also was the founding General Counsel of the Inter-American Investment Corporation in Washington, D.C. Mr. Dañino serves on several corporate and nonprofit boards and currently is the Non-Executive Deputy Chairman & Special Adviser at Hochschild Mining PLC. He is an alumnus of the Georgetown University International Leadership Program and holds law degrees from Harvard Law School and the Catholic University of Peru.

Sir Richard Dearlove, KCMG, OBE

Sir Richard served as Chief of MI6, the British Secret Intelligence Service, from 1999 to 2004. Previously, he was Director of Operations and Assistant Chief. Sir Richard’s intelligence career spanned 38 years and included postings in Nairobi, Prague, Paris, Geneva, London, and Washington. He currently is Master of Pembroke College, Cambridge.  Sir Richard holds an MA degree from Queens College, Cambridge.

Ambassador Stuart Eizenstat

Ambassador Eizenstat served as Deputy Treasury Secretary, Undersecretary of Commerce, Undersecretary of State for Economic and Business Affairs, and US Ambassador to the European Union. He currently is a partner and head of the international practice, including international finance and trade, at Covington & Burling LLP. Ambassador Eizenstat holds degrees from the University of North Carolina (BA) and Harvard Law School as well as seven honorary doctorates and numerous civilian awards from the US and foreign governments.

William C. McCahill, Jr.

Mr. McCahill is an authority on Chinese politics and government based on experience dating to 1975. He served for 25 years in the US Foreign Service, culminating in the role as Chargé d’Affaires of the American Embassy in Beijing where he played a key role in concluding the Sino-American Bilateral WTO Agreement. He also has directed Foreign Service political, commercial, and economic efforts in Hong Kong and Beijing. Following government service, he was the Senior International Business Advisor of the WilmerHale law firm where he assisted companies in overcoming the challenges of doing business in China. In 2005 Mr. McCahill co-founded Pacific Epoch LLC, an independent market research firm based in Shanghai and focused exclusively on China. He currently serves as China Managing Director of Religare Capital Markets. Mr. McCahill has been based in Beijing for the past two decades, appears regularly in the Chinese and Western media, and holds degrees from Boston College and Harvard University.