The Singapore regulator appoints Gillian Tan as the new head of its newly expanded sustainability group.
The Monetary Authority of Singapore (MAS) announced that Gillian Tan will become its next chief sustainability officer, effective 17 October, succeeding Dr. Darian McBain, who will assume an advisory role from that date onwards until she leaves the regulator in December in order to pursue other interests.
Tan is currently an assistant managing director in the regulator's development and international group and she will assume her current responsibilities on top of those she already has.
The sustainability group will be expanded with the aim of tightening strategy development and improving coordination of the regulator's sustainability initiatives, which have grown significantly over the past two years.
Climate Resilience
The group will work closely with the development and international group to build a sustainable finance ecosystem and with the financial supervision group with a view to strengthening the climate resilience of the financial services sector.
«Promoting sustainable finance and climate resilience have grown significantly in the last two years as areas of priority for MAS,» said managing director Ravi Menon.