DBS Bank sustainability executive Yulanda Chung has been appointed to the board of directors at TransitionZero, a climate analytics firm.
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Chung will help TransitionZero engage with the finance sector to grow the organisation’s presence in Asia’s market for environmental, social and governance (ESG) investing. Asia is a key market for TransitionZero, which provides financial analytics in the power and heavy industries to support investment towards decarbonisation.
The appointment does not affect Chung’s position at DBS, where she is head of sustainability for institutional banking.
Sriya Sundaresan, TransitionZero’s co-CEO, said that Chung’s expertise in developing responsible financing frameworks and securing buy-in within the investment sector would be valuable for the organisation.
“As we look to grow our presence in Asia and use our data and analysis to power the shift towards a zero-carbon economy, Yulanda’s impressive track record in this area will be critical for us,” she said.
Chung brings more than 20 years of experience in sustainable finance to the role. At DBS, she helped develop the bank’s transition finance framework and taxonomy, which helps corporates advance their sustainability agenda.
Prior to DBS, Chung was the head of sustainable finance at Standard Chartered Bank in London, where she shaped the bank’s policies and governance procedures on sustainable lending and investments. She was also previously an equity analyst at RobecoSAM.
