Singapore’s central bank has bolstered its green credentials by hiring Jeanne Stampe, former Asia sustainability finance head at the World Wide Fund for Nature (WWF), according to her LinkedIn account.
Ms. Stampe writes that she joined the Monetary Authority of Singapore (MAS) this month as its green finance resource lead, a newly-created position.
Ms. Stampe, who worked at WWF for nine years, was head of the environmental conservation group’s sustainable finance team in Asia when she left in January to become a senior fellow at the Centre for Sustainable Finance of the University of London’s School of Oriental and African Studies. She says on LinkedIn that she will keep her academic position.
She reports to Gillian Tan, executive director of the financial markets development department at MAS.
She has also worked at Affinity Equity Partners, Apax Partners, Credit Suisse, and Goldman Sachs.
Ms. Stampe joins MAS at a time when the central bank is increasingly focusing on sustainability issues in the financial sector, according to a fund manager at a Singapore asset management company.
Last month, MAS issued three consultation papers seeking feedback on its proposed guidelines for environmental risk management for banks, issuers of securities, and asset managers.
“Environmental risks can affect banks’ balance sheets. We expect more banks to pay attention to climate risk management, as well as increase their activities in the area of green finance,” the fund manager tells AAM, speaking on condition of anonymity.