Deutsche Bank creates new APAC ESG role
14 May 2020 Singapore
Image: S-F/Shutterstock
Deutsche Bank has appointed Kamran Khan to the newly created role of head of environmental, social and governance (ESG) for Asia Pacific (APAC).
In this new role, Khan will be responsible for developing and coordinating the regional business strategy around ESG across all of the bank’s business divisions in APAC.
Based in Singapore, Khan will report regionally to Werner Steinmueller, APAC CEO, and locally to David Lynne, Singapore chief country officer, head of corporate bank APAC, and head of fixed income and currencies APAC.
During his career, Khan was appointed by the Obama White House to serve as head of global investments and operations at the US Millennium Challenge Corporation.
He has also established the World Bank Group Hub in Singapore and led the World Bank’s Infrastructure Finance Practice in East Asia.
Additionally, he has led investments in sustainable development across Asia, Africa, Latin America and Eastern Europe. Most recently, he founded and led an impact fund targeting companies focused on achieving UN sustainable development goals.
Commenting on the appointment, Steinmueller said: “ESG is a key strategic priority for us globally and regionally, and one that spans the full spectrum of our businesses. We are pleased to have someone of Khan’s calibre joining to harness the strength of our platform and put our ambition into action.”
Lynne added: “The ESG imperative in APAC is incredibly strong. We recognise that as a bank with one of the broadest and deepest networks in local markets across the region, we have a unique role to play in the development of ESG frameworks and capabilities here. We are committed to pushing the ESG agenda forward in Asia Pacific, and Khan’s appointment is but the first step along that path.”
In this new role, Khan will be responsible for developing and coordinating the regional business strategy around ESG across all of the bank’s business divisions in APAC.
Based in Singapore, Khan will report regionally to Werner Steinmueller, APAC CEO, and locally to David Lynne, Singapore chief country officer, head of corporate bank APAC, and head of fixed income and currencies APAC.
During his career, Khan was appointed by the Obama White House to serve as head of global investments and operations at the US Millennium Challenge Corporation.
He has also established the World Bank Group Hub in Singapore and led the World Bank’s Infrastructure Finance Practice in East Asia.
Additionally, he has led investments in sustainable development across Asia, Africa, Latin America and Eastern Europe. Most recently, he founded and led an impact fund targeting companies focused on achieving UN sustainable development goals.
Commenting on the appointment, Steinmueller said: “ESG is a key strategic priority for us globally and regionally, and one that spans the full spectrum of our businesses. We are pleased to have someone of Khan’s calibre joining to harness the strength of our platform and put our ambition into action.”
Lynne added: “The ESG imperative in APAC is incredibly strong. We recognise that as a bank with one of the broadest and deepest networks in local markets across the region, we have a unique role to play in the development of ESG frameworks and capabilities here. We are committed to pushing the ESG agenda forward in Asia Pacific, and Khan’s appointment is but the first step along that path.”
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