(25 August 2021 – Singapore) HSBC has appointed Kelvin Tan to its newly created role of ASEAN head of sustainable finance and investments.
Based in Singapore, Tan will be tasked with supporting Singapore-based clients with their low carbon transition needs. He will oversee the provision of sustainability-linked finance, support the development of innovative climate solutions, lead cross-business and cross-market collaboration across the bank's ASEAN franchises and enhance employee education on sustainability.
Tan, who joined the bank in 2009, will report to HSBC Singapore CEO Wong Kee Joo. He was most recently CEO of HSBC Thailand, a role he held since 2015.
HSBC has committed to becoming net-zero by 2030, reducing its carbon footprint in its operations, supply chain and financing portfolio.
“Kelvin's extensive experience in Singapore and across Asean markets, as well as his proven commercial banking ability, makes him the perfect candidate to ensure we take further strides towards a more strategic and coordinated approach,” said Wong.
According to East & Partners’ latest Global Insight report “Finding the Value in Green Banking”, treasurers rank HSBC as the fourth-best provider of sustainable/ ESG finance across all products and services globally.