International bank and financial services company Standard Chartered announced today the appointment of Marisa Drew as Chief Sustainability Officer. In her new role, Drew will oversee Standard Chartered’s Sustainable Finance and Sustainability Strategy teams, and drive the bank’s net zero commitments.
Drew will also chair standard Chartered’s Group Sustainability Forum, and join the Commercial & Institutional Banking (CCIB) management team.
Bill Winters, CEO, Standard Chartered, said:
“We’ve made great progress on our sustainability agenda and on building a leading sustainable finance franchise; we are gearing up to push ahead even faster to deliver on this critical pillar of our strategy, and we’re very pleased that Marisa is joining us to spearhead that effort.”
Drew joins the firm after serving for more than 18 years at Credit Suisse, most recently as the firm’s Chief Sustainability Officer & Global Head Sustainability Strategy, Advisory and Finance, responsible for strategy and creating sustainable investment products on behalf of the bank’s clients. She also held other roles within the company, including Co-Head of Investment Banking and Capital Markets for EMEA, and established the firm’s Impact Advisory and Finance department in 2017.
Drew will report to Simon Cooper, CEO, CCIB. Cooper, said:
“I am delighted that Marisa is joining us to help drive our sustainability agenda as we increasingly embed ESG and SDG-related priorities into the work we do for clients and the communities where we operate, and as we continue to develop and recruit world-class talent for our sustainability team.”
Currently, Drew sits on the Advisory Board of the Aspen Institute UK and the Milken Institute Center for Strategic Philanthropy. She is also a member of the FCA’s Markets Practitioner Panel and several High-Level Working Groups (HLGs) sponsored by the World Economic Forum and the UN, including serving as co-chair of the HLG for Humanitarian Aid and the Oceans Panel.
“I am very excited to be joining an organisation with such a deep institutional commitment to sustainability, with accomplishments to date ranging from the delivery of public net zero targets to leadership in voluntary carbon markets, to ground-breaking innovation in green, transition and social finance. The need to mobilise private capital at scale in developing markets is critical, and I look forward to partnering with the bank’s dedicated sustainability professionals and colleagues across the network to help build on this excellent foundation.”