Profile
Dr Iftekhar Ahmed
Lecturer (Assistant Professor) in Sustainable Finance, Principal Investigator of INSURE
- Email: iftekhar.ahmed@ncl.ac.uk
- Telephone: 0191 208 2593
- Personal Website: https://iftekhariahmed.github.io/
- Address: Newcastle University Business School
Room FDC.3.46, The Frederick Douglass Centre
Newcastle University
Newcastle Helix, 2 Science Square
Newcastle upon Tyne, NE4 5TG
...
'Accepting PhD applications'
Dr Iftekhar Ahmed is an internationally recognised expert in sustainable finance, with extensive research and training experience in climate finance and inclusive finance for global development. He currently serves as an Assistant Professor in Sustainable Finance at Newcastle University Business School (NUBS). Dr Ahmed is also the Principal Investigator of INSURE project, an externally funded research project at NUBS, where he leads a multidisciplinary team advancing innovative financial solutions to support sustainable, resilient, and just cities. Previously, he has held academic and research positions at the University of Cambridge (UK), University of Otago (New Zealand), Universiti Utara Malaysia (Malaysia), Universiti Teknologi MARA (Malaysia), and has held guest lectures on "climate-related financial risks" at the Global Development Institute at the University of Manchester (UK).
Iftekhar has contributed research and policy insights to global organisations, including the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) and the Asian Development Bank Institute (ADBI). He is a Lead Author for the IPBES Nexus Assessment, focusing on financial mechanisms to address the intertwined global crises of biodiversity, water, food, health and climate change.
His research has been published in leading international journals, including Research in International Business and Finance, Economics and Sociology, International Journal of Managerial and Financial Accounting and Journal of Islamic Accounting and Business Research. He has also contributed to a policy-relevant book chapter on "ASEAN energy policy" that has been published by the Asian Development Bank Institute (ADBI). Additionally, he has been serving as a regular referee for several peer-reviewed journals.
He is pioneering systemic resilience analytics to advance practical solutions to cope with complex environmental and social risks. His research broadly focuses on different aspects of environmental and social risk analytics for resilient finance to address complex global challenges. Current projects try to inform and influence how the work of institutional investors, asset managers, financial intermediaries and financial supervisors can achieve an equitable, net-zero and nature-positive future (for people, planet and prosperity), with a particular interest in emerging markets and developing economies.
External links:
Iftekhar's research interests lie in sustainable finance and environmental risk analytics, with applications in corporate finance, real estate finance, financial markets and institutions.
Research Streams:
I divide my research into three streams, each with its own direction and dynamic, and all overlapping in productive ways. This integrative, interdisciplinary research streams inform our teaching, from the undergraduate Finance degree to our Master’s courses and postgraduate research supervision. A commitment to public engagement in research is a feature of all three streams.
Ø Climate and Green Finance/Banking
- Sustainable finance, banking and climate change
- Biodiversity and natural resource finance
- Net-zero and just transition finance
- Green finance innovation, AI and FinTech
Ø Systemic Resilience and Development
- Extreme weather risks, socio-economic resilience and financial stability
- Climate readiness of social enterprises and SMEs
- Alternative finance/banking for resilience and development
- Inclusive green finance/banking and the future of development
Ø Ethical Finance, Banking and Sustainability
- Topics in (Islamic) microfinance/banking
- Islamic banking for climate actions
- Islamic social finance and philanthropy for SDGs
Current PhD students:
- Zhaokun Zhou (co-supervisor): Green innovation and bank lending
- Boyang Han (primary supervisor): Essays in ESG and IPO underpricing
- Qimiao Qian (primary supervisor): Essays in biodiversity finance (Funded through NUBS Innovation and Enterprise Endowment)
PhD Panel Member
- Shuai Ren: Open banking: A synergy model approach
PhD Internal Examiner
- Mengya Wu: Bank credit risk under non-financial challenges
PhD External Examiner
- Ishfaque Ahmed: COVID-19, crypto assets and portfolio diversification
Module Teaching and Leadership:
- NBS8633: Green Finance and Sustainability, [Module Leader, 2023/24 - present]
- NBS8332: Financial Theory [2023/24 - present]
- ACC3000: Case Studies in Finance, Accounting and Business [2023/24 - present]
- NBS8998 with NBS8999: Academic Skills (A&F Database Lab) - [Module Leader, 2023/24 - present]
-
Articles
- Ahmed, I, Diaz-Rainey, I, Nguyen, DTT, Roberts, H. Expand or avoid: microfinance credit risk and climate vulnerability. Research in International Business and Finance 2025, 83, 103268. In Preparation.
- Hussain MD, Ahmed I. Governance and the double-bottom-line performance of microfinance institutions: Evidence from Bangladesh. Journal of Islamic Accounting and Business Research 2024, 15(2), 367-383.
- Hussain MD, Muhammad M, Ahmed I, Hossain MTB. Impact of stakeholders as board members on sustainability and social outreach of microfinance institutions in developing markets. International Journal of Managerial and Financial Accounting 2023, 15(1), 26-49.
- Ibrahim Y, Ahmed I, Minai MS. The influence of institutional characteristics on financial performance of microfinance institutions in the OIC countries. Economics & Sociology 2018, 11(2), 19-35.
-
Book Chapter
- Diaz-Rainey I, Tulloch DJ, Ahmed I, McCarten M, Taghizadeh-Hesary F. An Energy Policy for the Association of Southeast Asian Nations? Lessons from the European Union's Experience on Energy Integration, Security, and Decarbonization. In: Sang Chul Park, Chul Ju Kim, Farhad Taghizadeh-Hesary, and Pitchaya Sirivunnabood, ed. Economic Integration in Asia and Europe: Lessons and Policies. Tokyo, Japan: Asian Development Bank Institute, 2021, pp.563-592.
-
Working Paper
- Diaz-Rainey I, Tulloch DJ, Ahmed I, McCarten M, Taghizadeh-Hesary F. An Energy Policy for ASEAN? Lessons from the EU Experience on Energy Integration, Security, and Decarbonization. Asian Development Bank Institute (ADBI) Working Paper Series 2021, 1217, 1-26.