David is the Founder and Chair of BFA and Co-founder and Chair of Digital Frontiers Institute. He has undertaken consulting assignments in the areas of financial strategy and policy for a wide range of clients including public clients such as DFID, the World Bank, CGAP and private clients including banking and telco groups. Prior to relocating to Boston in 2004, he was active in executive leadership roles in the development finance sector of South Africa with private and public financial institutions as well as FinMark Trust, an NGO involved in promoting financial inclusion policies and projects, and a public-private partnership which sought to promote low-income housing securitization. He has written several books including Banking on Change, a book which chronicles and analyzes changes in the retail financial sector of South Africa in the decade since democracy. David has a Bachelor of Commerce from the University of Cape Town, an MPhil from the University of Cambridge and a PhD (Economics) from Yale University.