Director, Group Sustainability My

2 weeks ago


Malaysia CIMB Group Full time

The incumbent will be responsible for leading the sustainable finance practice of CIMB Group, in line with the Group's vision of being a Sustainability leader in ASEAN.

The Head of Sustainable Finance will drive sustainable finance business development across the ASEAN region, working closely with Business Unit Heads from Group Wholesale Banking, Commercial Banking, Consumer Banking, Transaction Banking and Islamic Banking, including sustainable finance teams across all countries to achieve CIMB's sustainable finance goals.


Responsibilities:

  • Lead business development and expansion of Green, Social & Sustainable Impact Product & Services (GSSIPS), working closely with relevant Business Units to maximise our positive impacts, to help achieve the Group's Net Zero 2050 ambition.
  • Lead development of business units to identify areas of opportunities (e.g. in climate finance, power/renewables, transportation, energy/resources industry, social, financial inclusion, etc.) and lead development of sector specific green finance strategies and plans to position CIMB to strategically tap into and capture these opportunities as and when they arise.
  • Spearhead efforts with business units to grow the GSSIPS portfolio, via development of sustainabilityrelated products, services and propositions (e.g. green/social/sustainabe loans/bonds/sukuk, project finance, green deposits, derivatives, treasury products, wealth management, retail products etc.).
  • Lead a team of Sustainability specialists to develop and deliver client pitches, negotiate with clients on sustainability success metrics (e.g. for Sustainabiltiy-Linked instruments), develop standard operating procedures and documentation for products, procure external technical consultants, where necessary.
  • Lead sustainable finance innovation across the Group, identifying and capitalising on opportunities to grow the GSSIPS portfolio (e.g. via blended finance, tapping on available technical assistance facilities).
  • Serve as an expert on sustainabilityrelated regulations, standards and practices, and keep key stakeholders across the Group abreast of material developments influencing sustainable finance.
  • Upskill Relationship Managers, product owners and risk teams on Sustainability concepts, issues and opportunities, and embed a culture of sustainability and mindset of Sustainable Finance across all Business Units regionally.
  • Responsible for CIMB Group's headline target of mobilising RM100 billion in sustainable finance by 2024 and play key influencing role in the development of the Group's longer term sustainable finance commitment in alignment with the Group's Beyond Forward 23+ strategy.
  • Custodian of CIMB's Sustainability Bond and Sukuk Framework and sustainabilityelements of CIMB's own sustainable/ sustainabilitylinked instruments (e.g. CIMB SDG Bond, Sustainability-Linked Derivative).
  • Represent the Group at roundtables, external speaking engagements, and industry groups such as UNEP FI, Association of Banks in Malaysia, and Joint Committee on Climate Change.


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