Societe Generale will further bolster its focus on environmental, social and governance factors in Asia with the appointment of a regional head of sustainable finance.
Yasmine Djeddai has been named Societe Generale’s head of sustainable finance for Asia Pacific, a newly created role, according to a statement from the bank.
In her new Hong Kong-based role, Djeddai reports to head of global banking and advisory for Asia Pacific, Stephen Swift, and head of sustainable and positive impact finance solutions, Hacina Py.
Djeddai first joined Societe Generale in Paris in 2005 with a focus on risk management in its structured commodity finance group. In 2009, she joined the group to originate and execute agri-business and soft commodities financing in Latin America.
Sustainable Track Record
According to the bank, sustainable finance is «at the heart of Societe Generale’s client offer» and it has raised over $20 billion in Asia since 2019 through ESG-related bonds and loans.
Financing over the past five years covered 35 renewable energy projects in the region across areas such as wind, solar, hydro and geothermal. Projects it was involved in include all four offshore windstorms in Asia and the world’s largest floating solar panel project in Taiwan.
ESG Acceleration
The bank now seeks to accelerate regional origination of «mainstream sustainable financing products such as green, social and sustainability-linked financings» alongside other offerings.
«This newly created regional role demonstrates Societe Generale’s ambition to place sustainable finance as a core driver of its business strategy,» Swift said.« Djeddai will collaborate with a network of ESG champions across Asia Pacific to accelerate the Bank’s support for its clients’ business transformation and ESG objectives, and collectively build a more sustainable future.»
