Kanika Bahl is a Principal and Managing Director at Results for Development Institute (R4D), with a focus on market-based solutions for development. She leads R4D’s work on increasing affordable and reliable access to high-quality health and nutrition commodities through active engagement with private sector manufacturers, countries, and major global financiers. She is also incubating R4D’s work in the areas of impact investing and social enterprise growth.
Kanika recently led a strategy engagement with the Market Dynamics Committee for the Global Fund to Fight AIDS, TB, and Malaria to optimize its $7B commodities portfolio spend. The strategy, unanimously approved by the institutions’ leadership, will underpin the Global Fund’s market dynamics strategy for HIV/AIDS, TB, and malaria commodities going forward, with the potential for hundreds of millions in savings. She is now leading a project on the market dynamics of malaria bed nets, focused on opportunities to achieve efficiencies in this multi-billion dollar marketplace.
Prior to joining R4D, Kanika led work on international development approaches across a variety of sectors, including health care, technology, infrastructure, and financial services. Most recently she served as an Executive Vice President at the Clinton Foundation Health Access Initiative (CHAI), where she worked from 2005-2010. While there, she helped build and lead the $400 million, 33 country UNITAID HIV/AIDS drug program; using volume-based negotiations the program resulted in price reductions of 80% on drugs available to over 2 million patients globally. She also launched and managed CHAI’s country presence in over 20 sub-Saharan African countries, including major programs in Zambia, Zimbabwe, and Uganda.
Prior to CHAI, Kanika worked at Voxiva, Bechtel Enterprises and the Consultative Group to Assist the Poor (CGAP), a leading microfinance organization. At Voxiva, a for-profit technology start-up, she marketed, developed, and implemented information technology solutions in Africa and Asia. While at Bechtel Enterprises, she structured multi-billion dollar investments for infrastructure projects in Latin America and Africa. At CGAP, Kanika focused on evaluating the financial and social performance of CGAP’s microfinance funding portfolio.
Kanika received her MBA from the Stanford Graduate School of Business and her B.A. in mathematical economics from Rice University.

