People Moves: HSBC make three senior executive appointments across its ESG and Sustainability business

Internal Memo - HSBC have announced a number of senior hires across its ESG and Sustainability unit. The appointment of Alexi Chan, Farnam Bidgoli and Jonathan Drew was confirmed with immediate effect via an internal memo seen by IBR Group International this afternoon.

Alexi Chan is appointed Head of Global Banking Sustainability, a newly-created role that formalises the work that Alexi has led over the past several months. He will oversee HSBC's commercial initiatives to help establish appropriate frameworks, policies and risk appetite aligned to our 2050 net zero ambition.

Alexi brings more than 25 years of experience to this role having worked in Hong Kong, Singapore and London, including leadership roles in DCM and Capital Markets. He will remain on the Global Banking and CFIBC Excos and continue working on a number of our important people initiatives.

Farnam Bidgoli is appointed Global Head of ESG Solutions, within the Strategic Solutions Group in CFIBC, based in London. Under Farnam's leadership over the past two years, the ESG Solutions team in EMEA has developed market-leading capabilities to embed ESG considerations in strategic event transactions and to support clients in leveraging sustainability as they access capital markets. Farnam brings extensive experience, having previously co-headed our Sustainable Bonds team and, prior to that, spending seven years at Sustainalytics, the leading independent global provider of ESG and corporate governance research and ratings to investors.

Jonathan Drew is appointed Head of Global Banking Sustainability, Asia-Pacific, based in Hong Kong. Jonathan has a long track record in delivering Sustainable Finance solutions for HSBC's clients across Asia-Pacific, and has played a leadership role on various industry bodies, including as Chair of the Asia-Pacific Loan Market Association (APLMA) Green Loans Committee. In addition to his regional responsibilities, Jonathan will have lead global responsibility within Global Banking for the coordination of our client transition plan assessments, working with our other Global Banking sustainability leads in other regions. He will continue to take a senior role on key ESG deals in Asia-Pacific.

Source: Internal Memo