The Monetary Authority of Singapore has newly formed a sustainability group and appointed a chief officer for the unit.
Darian McBain will head the group as chief sustainability officer, according to a statement, effective October 1.
She reports to deputy managing director (financial supervision) Ho Hern Shin and deputy managing director (markets and development) Leong Sing Chiong.
McBain is a sustainability veteran with more than 20 years of experience, most recently as chief sustainability officer with seafood supplier conglomerate Thai Union Group. She was also recently named as a United Nations Sustainable Development Goal Pioneer for the environmental initiatives she has spearheaded.
Sustainability Group
The sustainability group will coordinate MAS’ green finance and sustainability, identify strategic collaborations with regional and international counterparts and reduce MAS’ own carbon and environmental footprint.
McBain will also set the agenda for MAS' Green Finance Steering Committee chaired by managing director Ravi Menon.
«The formation of the Sustainability Group reflects MAS' commitment to embed climate change and environmental sustainability across its roles as a financial regulator, as a promoter of the financial sector, and as an organization,» Menon said. «Green finance and climate resilience are growing areas of priority for MAS and we are pleased to have [McBain] join us and lead our efforts in these areas.»
