HSBC has hired a new head of sustainable bonds for Europe and the Americas, as major investment banks increasingly scramble for ESG expertise and clean energy transition.
UK lender has appointed Anjuli Pandit to head sustainable bonds for Europe, Middle East, Africa and the Americas, according to an internal memo viewed by Financial news. She comes from BNP Paribas, where she ran its ESG debt syndication office and previously headed its sustainability activities in the UK.
She replaces Farnam Bidgoli – one of the rising stars of Financial News’ investment banking this year – who becomes head of the ESG solutions unit for the EMEA region within the Strategic Solutions Group, a team of negotiators s attack on ESG issues created last July. year.
Banks are battling ESG expertise as they increasingly deploy new teams of negotiators to tackle climate change and the transition to net zero carbon emissions. Citigroup appointed new leaders for its European Clean Energy Transition Group in September, while UBS moved senior negotiator Laurent Bouvier to become the global leader of a new ESG advisory team in the same month.
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“Anjuli brings a rich and varied experience in ESG, having worked with a number of organizations such as Al Gore’s The Climate Reality Project, Greenlight Planet and the International Energy Agency,” said Adam Bothamley, co – Global Head of Debt Capital Markets at HSBC in Memo.
Pandit will report to Bothamley and will also be responsible to Bidgoli.
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