LGT Bank adds sustainability experts to Singapore board

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by KnowESG
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In its pursuit of a sustainability strategy, LGT Bank (Singapore) Ltd. has appointed two recognised industry leaders in the sustainable investing sector, Neo Gim Huay and En Lee, as new members of its Board of Directors.

The bank says it aims to become a leading provider of sustainable investment solutions by 2025 and hopes that the new appointments will help leverage the bank’s expertise in impact investment and venture philanthropic solutions.

As managing director of the World Economic Forum’s Centre for Nature and Climate, Neo oversees climate and nature-related programmes and partnerships. Her work spans a range of sustainability issues, including nature-based solutions, regenerative food systems, and resource circularity.

She brings to the LGT board several decades of experience in both the public and private sectors, having previously held managing director roles in climate change strategy and sustainability at Temasek International. She has also had stints in Singapore’s Ministry of Finance and Ministry of Trade and Industry, where she oversaw governance and investment, as well as trade negotiation functions.

Lee currently serves as LGT’s Asia head of sustainable and impact investments, where he leads the regional impact investment portfolio in Southeast Asia and China. He has been a founding partner of Lightrock, LGT’s global impact investing platform, since 2013.

Lee also sits on the boards of United Nations Global Compact Singapore, the Asian Venture Philanthropy Network, and the Singapore Venture & Private Capital Association. Before joining LGT, he advised investment funds as an executive director with Goldman Sachs in Hong Kong.

LGT considers itself a pioneer in sustainable investing since 2007 and seeks to expand its impact investment offerings across different portfolio management mandates and asset classes. The group operates from over 20 locations across Europe, Asia, the Americas and the Middle East.

Source: Eco-Business

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