FOLLOWING Schroders' previously-announced plans to accelerate its sustainability initiatives across the Asia-Pacific region, the asset manager said on Thursday that it has appointed Mervyn Tang as head of sustainability strategy in the Asia-Pacific region.
In its statement, Schroders said that Mr Tang will commence his role from July 27. He will initially be based in Hong Kong before relocating at the end of the year to Singapore, where the company's Centre of Excellence for Sustainability (CoES) is located.
Mr Tang will lead the CoES and build on Schroders' sustainable investment proposition with clients across the region, reinforcing its position as the "sustainability manager of choice", Schroders said.
The company also appointed Wong Dan Chi as head of ESG (environmental, social and governance) integration in the Asia-Pacific region.
In her new role, Ms Wong will work with the heads of the different Asia-Pacific investment desks to further integrate Schroders' proprietary sustainability research and tools into overall investment processes.
As part of its strategic initiatives, the firm had announced in October last year that it would anchor the CoES in Singapore, which would house a team of senior ESG specialists.
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The team currently also comprises a sustainable equity analyst, and Schroders will add another Asia-Pacific sustainability specialist by year-end to complete the plan for a team of four ESG-dedicated specialists.
The Singapore-based CoES team will form part of Schroders' global sustainability team of over 20 specialists, led by global head of sustainability investment Andy Howard.
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