Global investment manager Schroders announced two new senior ESG hires today, building out its sustainability-focused capabilities in the Asia Pacific region. Schroders has appointed Mervyn Tang as the Head of Sustainability Strategy, APAC and Wong Dan Chi as Head of ESG Integration, Asia Pacific.
The new appointments follow an announcement last month by Schroders of plans to advance its ESG push in the region through its regional Centre of Excellence for Sustainability (CoES), launched in Singapore in October 2020. At the time, Schroders said that it was aiming to appoint four Asian ESG specialists by year-end, with a view to add more over the longer term as part of its strategic plans to boost its sustainability capabilities in the region.
According to the company, the center also features an ESG Education Hub that provides opportunities for strategic collaborations with regional clients and partners for accelerated ESG fluency and training.
In his new role as Head of Sustainability Strategy, Tang will lead the CoES, with responsibility for building on Schroders’ sustainable investment proposition with clients across Asia Pacific, leveraging the firm’s proprietary ESG research and tools to support clients on their sustainability journeys and transition to net zero portfolios. Initially based in Hong Kong, Tang is expected to relocate to Singapore by the end of the year.
Tang most recently served as Senior Director and Global Head of ESG research at credit ratings agency Fitch Ratings, and has held a series of other senior roles including Head of Fixed Income, ESG Research at MSCI
Dan Chi will collaborate with the heads of various Asia Pacific investment desks, furthering Schroders’s integration of proprietary sustainability tools and research into the overall investment process. She joined Schroders last year after holding a series of ESG-related roles with companies including Paia Consulting, and Nikko Asset Management Group. She also serves as Vice Chair for the Asia Investor Group on Climate Change (AIGCC).