DBS hires HSBC veteran in top environmental job
DBS has hired HSBC veteran Anupam Jaiswal as an executive director and head of climate and environmental credit risk.
Jaiswal had held the same position at HSBC Singapore since September 2021, according to his LinkedIn profile.
He originally joined HSBC in 2008, and his tenure included six years (2015 to 2021) as director of wholesale approvals in Hong Kong. His responsibilities in that role included leading climate change risk for Asia Pacific.
Experience in climate and environmental risk has recently become highly sought after in the Singapore finance sector, as part of the broader growth of jobs related to sustainability and ESG (environmental, social, and governance).
Banks including BNP Paribas, Deutsche Bank, ING, Standard Chartered and Citi have been making ESG appointments across their wider businesses in Singapore, as have buy-side players such as Abrdn, Robeco and Schroders.
However, the supply of local candidates with existing ESG experience in the banking sector isn’t enough to meet the growing demand for these roles, hence banks are recruiting experts from overseas, and also transferring existing Singapore-based staff into ESG roles and then training them.
Photo by Mike Enerio on Unsplash
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