The Monetary Authority of Singapore (MAS) has formed a new sustainability group and appointed Darian McBain as chief sustainability officer, with effect from October 1.
The sustainability group will coordinate MAS’ green finance and sustainability agenda, namely to strengthen the financial sector’s resilience against environmental risks; develop a vibrant green finance ecosystem to support Asia’s transition to a low-carbon future; identify strategic green finance collaborations with regional and international counterparts; and reduce MAS’ own carbon and environmental footprint.
McBain has more than 20 years of experience in sustainability roles spanning across various sectors. She was most recently chief sustainability officer at Thai Union Group, a leading seafood supplier. She holds a PhD in social indicators for global supply chain analysis and a masters in business strategy, politics and environment, and was recently named as a United Nations Sustainable Development Goal Pioneer for the environmental initiatives she has spearheaded.
McBain will report to Ho Hern Shin, deputy managing director (financial supervision) and Leong Sing Chiong, deputy managing director (markets and development). McBain will set the agenda for MAS’ green finance steering committee chaired by MAS managing director Ravi Menon.
