Lee H. Babcock

Managing Director at LHB Associates

LHB Associates

Managing Director at LHB Associates




Lee Babcock, PhD, MBA is a recognized digital finance thought leader and international consultant with robust private sector, non-profit, consulting and entrepreneurial start-up experience. He is committed to private-private and public-private collaboration that drives locally sustainable initiatives in rural areas that generate a return on investment. He has conceptualized, managed, structured and/or researched strategic alliances for agriculture mobile finance projects in Indonesia, Tanzania, Uganda, Ghana, Malawi and Zambia. He has also written numerous publications and delivered numerous presentations in Rwanda, Kenya, South Africa, Indonesia, Geneva, Belgium, Washington DC and elsewhere about the potential for inserting digital finance into rural economies that are driven by agriculture as a strategic gateway to serving the village household needs for solar power, clean cookstoves, water, utilities, education, health, food, transport and other expenditures.

He has worked extensively overseas including, but not limited to; as a USAID-Senior Advisor to the $60 billion Indonesian Bank Restructuring Agency, manager of the largest branch office of a $250 million USAID-funded Business Development Program in Bosnia that was designed to rapidly invigorate SME growth during and after the war, restructured and significantly mitigated loss on a British Petroleum-funded local sourcing project and, separately, contributed to generation of turnaround profitability for a microfinance institution in Azerbaijan as well as conceptualized, started up, managed and closed out a high impact post-Tsunami rural livelihoods restoration project for UNDP in Banda Aceh, Indonesia. As a U.S. Peace Corps – Group One – Volunteer in the Former Soviet Union he served as a privatization policy, corporate restructuring and economic development advisor to the Republic of Latvia Prime Minister’s office by leveraging his prior experience as a financial executive in Silicon Valley and Fortune 250 companies as well as prior business valuation and consulting experience with Ernst & Young (E&Y) and Deloitte and Touche (D&T). His diverse roles and responsibilities in different sectors and disciplines uniquely inform his systems theory approach to mobile finance and mobile solutions for rural communities.

With a PhD specialization in E-Business and an MBA in International Finance and International Business he is passionate about the potential of mobile money to do for the base of the economic pyramid what commercial banking did for the industrial revolution.


Capella University
– PhD, Organization and Management/E-Commerce
Claremont Graduate University – Peter F. Drucker and Masatoshi Ito Graduate School of Management – MBA, International Business & Finance
California State University-Long Beach – College of Business Administration – BS, Finance & Investments

Education & Certifications


Independent Coursework
Accelerating Mobile Money (TC310 – TechChange/USAID)
Mobile Data (TC311 – TechChange/USAID)
Mobile Access (TC312 – TechChange/USAID)
DCC Certified Professional –
Digital Currency Council, License CREDLY-12362673