The Monetary Authority of Singapore announced Ms Gillian Tan as the new Chief Sustainability Officer following the existing CSO, Dr Darian McBain, who will leave MAS in December 2022. Dr Darian McBain will take on the advisory role from 17 October 2022 until her departure.
As Assistant Managing Director (Development & International), Ms Tan oversees strategies to evolve Singapore as an international financial centre, including sustainable finance capabilities and solutions. Her work also includes chairing the ASEAN Taxonomy Board work group developing the ASEAN Taxonomy Plus Standards. In addition, she also serves on the Advisory Board of the Singapore Green Finance Centre.
In addition to her existing responsibilities, Ms Tan will lead the Sustainability Group facilitating more coherent strategy development and tighter coordination across MAS’ various sustainability initiatives.
The Sustainability Group will work closely with the Development and International Group to build a dynamic, sustainable finance ecosystem and catalyse the region’s net-zero transition. With the Financial Supervision Group, the Sustainability Group aims to strengthen the climate resilience of Singapore’s financial services sector. In addition, the Sustainability Group will coordinate MAS’ growing involvement in global and regional sustainable finance forums and work with the Singapore Government to achieve Singapore’s climate change and sustainability drives.
“Promoting sustainable finance and climate resilience have grown significantly in the last two years as areas of priority for MAS. MAS is grateful to Darian for leading our Sustainability Group, fronting our engagements with external stakeholders, and contributing to the growth of Singapore’s sustainable finance ecosystem. She was instrumental in the setting up of the ESG Impact Hub. I wish Darian every success in her future endeavours and look forward to Gillian taking MAS’ sustainability work to the next level.”
Mr Ravi Menon, Managing Director
Source: MAS
