The Swiss bank is launching a new investment banking group for sustainable business. Besides the fast-growing «cleantech» industry, the group targets oil and gas firms.
The Zurich-based bank's investment banking and capital markets is creating a new ESG advisory unit run by Tom Greenberg, according to a memo seen by finews.asia. The unit is to find new capital markets clients or to expand market share with existing ones, either by helping firms look at their environmental, social, and governance issues or advising on sustainable growth and finance opportunities.
Greenberg is a 22-year veteran of Credit Suisse's investment bank who is currently global co-head of its oil and gas division. Angelica Nikolausson, recently hired from Greentech Capital following Nomura's acquisition of the boutique adviser, will support him.
Ties to Impact Guru
Greenberg, who is based in Toronto, will work closely with Marisa Drew, according to the memo, which was confirmed by a spokeswoman for the bank. Drew is a long-standing Credit Suisse investment banker who advanced to the wider bank's top sustainability guru under ex-CEO Tidjane Thiam.
The new head of IBCM, David Miller, will sit on an ESG advisory group for the investment bank which includes Drew and a separate impact unit in the trading arm, which is run that unit's operating chief Amy Hudson and includes impact banker Dana Barsky and Phil Tamplin, a high-yield bond specialist, as standing guests.
