U.S. Bank Appoints Head of Sustainable Finance

U.S. Bank has appointed Guillaume Mascotto as the company’s head of Sustainable Finance. Mascotto will build and lead a new team whose goal is to identify sustainable finance opportunities across the whole enterprise.

This new team will focus on identifying and launching sustainable financing products and services for U.S. Bank customers. They will work alongside leaders from various business lines to support inclusive growth and help customers transition to a low-carbon economy.

It will also play a critical role in helping the U.S. Bank mobilise capital towards meeting its social and environmental commitments, including those related to environmental finance, NetZero, and Access Commitment.

Based in New York, Mascotto is part of the U.S. Bancorp Community Development Corporation (USBCDC) leadership team reporting to its CEO, Zack Boyers.

“Customers all across U.S. Bank are increasingly talking to us about sustainable finance products and services that can help them meet their social and environmental goals,” Boyers said. “Under Guillaume’s leadership, this new team will engage all our business lines to help meet customers’ sustainable finance needs. It’s important work, not only for our customers but also for our communities and the environment.”

Mascotto has joined U.S. Bank from Jennison Associates, where he was managing director and global head of environmental, social, and governance (ESG) strategy. He has held various ESG roles at other companies, including American Century Investments, Pacific Investment Management Co., and others.

He holds a bachelor's and master's degree in international affairs from the University of Quebec at Montreal, as well as a master's degree in international business and economics from Tufts University's Fletcher School.

“There is such a great need from companies for assistance as they review new and updated ESG standards and look to capture sustainable finance opportunities to help transition to a low-carbon economy and elevate communities through inclusive access and growth,” said Mascotto. “I’m excited to partner across U.S. Bank on products and services that will help customers achieve their sustainability goals.”

For more sustainable finance news

Source: BUSINESS WIRE