MAS appoints new chief sustainability officer from Oct 6
The organisation’s sustainability agenda is entering a ‘more developed and mature phase’, the board says
[SINGAPORE] The Monetary Authority of Singapore (MAS) announced on Monday (Sep 29) that a new chief sustainability officer (CSO) will be appointed from Oct 6 this year.
Abigail Ng, currently head of the markets policy and consumer department, will be taking over from Gillian Tan, who has concurrently held the roles of assistant managing director (development and international) and CSO since October 2022.
MAS said that its sustainability agenda is entering a “more developed and mature phase”, marking an opportune time to transition the leadership of the organisation’s sustainability group to a dedicated CSO role.
Ng brings “strong experience in sustainability issues, including collaborating with international organisations and diverse stakeholders to formulate sustainability disclosure policies and requirements”, it added.
Tan will continue to head the development and international group.
Over the last three years, under Tan’s leadership, MAS’ sustainability group launched the Finance for Net Zero Action Plan to mobilise financing to catalyse Asia’s transition to a low-carbon economy.
The group also advanced key initiatives, including the Singapore-Asia Taxonomy, to promote consistency and clarity in sustainable financing standards; the Transition Credits Coalition and the Financing Asia’s Transition Partnership to accelerate energy transition and blended finance in Asia; and the Sustainable Finance Jobs Transformation Map to enhance skills and competencies in sustainable finance.
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