The deputy director of the Financial Authority of Singapore’s (MAS) sustainability group, Pongsiri Vorapongse, has joined Thai monetary expertise group SCBX as its head of sustainability strategic intelligence.
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Based mostly in Bangkok, Pongsiri joins to assist drive SCBX’s dedication to attain web zero emissions throughout its lending and funding portfolio by 2050, and in its personal operations by 2030, made in 2022.
SCBX is the fintech enterprise group of firms together with Siam Business Financial institution, InnovestX Securities and Purple Ventures.
Pongsiri’s position will contain formulating decarbonisation and sustainable finance methods to information SCBX in the direction of its web zero targets. The group has got down to decarbonise by investing in clear power, sensible constructing administration, and electrical automobiles. It has additionally prioritised lending to companies trying to concentrate on chopping emissions.
Pongsiri comes on board after greater than two years with MAS, Singapore’s central financial institution and regulator, the place he helped to develop the Finance for Web Zero Motion Plan, which seems at working with the finance trade on web zero transition plans and Asia-contextualised decarbonisation pathways.
Previous to MAS, Vorapongse labored for seafood firm Thai Union, the place he was sustainability reporting supervisor. He has additionally labored for Thailand’s international affairs ministry.