UOB appoints a chief sustainability officer in yet another industrywide move towards expanding the green finance market.

Eric Lim has been named as the Singapore bank’s CSO, according to a statement, as an extension to his existing role as head of group finance.

Lim also joins UOB’s management committee and reports directly to deputy chairman and CEO Wee Eee Cheong. 

ESG Focus

Lim’s new responsibilities include ensuring «synergies» between the bank’s sustainability strategy and financial performance management. 

He is also the chairperson of UOB’s group environmental, social and governance (ESG) committee which is tasked with overseeing risks, opportunities and progress of ESG-related initiatives.