The Monetary Authority of Singapore (MAS), the city-state’s financial regulator and central bank, has appointed a new head of sustainability.
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Gillian Tan, MAS’s assistant managing director, development and international, moves into the role of chief sustainability officer, effective from 17 October.
She will perform the CSO role in addition to her current position.
MAS said Tan would be leading an expanded sustainability unit, which will work closely with the organisation’s development and international group and financial supervision group.
Her role will “enable more coherent strategy development and tighter coordination across MAS’ various sustainability initiatives which have grown significantly in scope in the last two years,” the organisation said in a statement.
The sustainability group will coordinate MAS’ involvement in global and regional sustainable finance forums and work with the rest of the Singapore government towards achieving the city-state’s climate targets.
Tan replaces Darian McBain, who leaves MAS after a year as CSO. Her next move was unclear at the time of publishing.
McBain was the organisation’s first head of sustainability. She joined from seafood company Thai Union last October to lead a new sustainability function set up to strengthen the financial sector’s resilience against environmental risks and reduce MAS’ environmental footprint.
Among McBain’s more recent achievements for MAS was the launch of the ESG Impact Hub, a work space for financial technology startups working in the sustainability sector.
