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Understanding the DIB effect. Insights from the evaluation of the FCDO Development Impact Bonds Pilot Programmes
James Ronicle

James Ronicle

Director, Ecorys

James is Director at Ecorys UK and mainly works in the social enterprise and social investment thematic areas. In these areas he has provided support and analysis to social enterprises, NGOs and governments, both in the UK and internationally.

James leads on Ecorys’ social impact bond work, including overseeing three SIB evaluations (Commissioning Better Outcomes Evaluation for Big Lottery Fund, Youth Engagement Fund Evaluation for DCMS and Turning the Tide Evaluation for North Somerset Council), and Ecorys’ consultancy work in helping organisations understand the evidence base and potential savings linked to SIB interventions (for example for Family Lives and Catch22).

James holds a BA and MA in Geography from the University of Cambridge. In his spare time he is a Governor at Barkston Ash Catholic Primary School.


Dr Mara Airoldi

Academic Director, Government Outcomes Lab, Blavatnik School of Government, University of Oxford

Mara is an Economist and Decision Analyst and holds degrees from Bocconi University in Milan and the London School of Economics and Political Science. Her research is motivated by a desire to improve decision making in government, with a special interest and extensive expertise in the field of healthcare. Mara is one of the lead developers of the STAR toolkit, a socio-technical approach sponsored by the Health Foundation to improve resource allocation in healthcare organisations.

Mara has worked extensively with managers of the English and the Italian National Health Systems. She has also consulted for the Ministry of Health and Long-Term Care in Ontario (Canada), the Home Office, the Ministry of Defence and the (then) Department for Environment, Food and Rural Affairs in England, NATO and the Global Fund to fight Aids, Tuberculosis and Malaria.


Jemima Hodkinson

Advisor, Private Sector and Capital Markets Development, Foreign, Commonwealth & Development Office (FCDO)

Jemima is Advisor in the Private Sector and Capital Markets Department at FCDO. Previously she was Head of International Cyber Security Programme at FCDP and, before that, she led the Prosperity Programme, part of the Digital Access Programme, the UK Government’s flagship “digital for development” programme. Jemima has been a civil servant since 2015, in roles including civil service efficiency & reform (Cabinet Office), economic diplomacy (Foreign and Commonwealth Office), and trade policy (Department for International Trade). Before joining the civil service, Jemima achieved an MA in Natural Sciences and spend two years working in biomedical research funding at the Wellcome Trust.