The Monetary Authority of Singapore (MAS) has named Abigail Ng as Chief Sustainability Officer (CSO). She will take over from Gillian Tan, who has concurrently held the roles of Assistant Managing Director (Development & International) and MAS’ CSO since October 2022.
Over the last three years, under Tan’s leadership, MAS’ Sustainability Group (SG) launched the Finance for Net Zero Action Plan to mobilize financing to catalyze Asia’s transition to a low carbon economy. The group also advanced key initiatives, including the Singapore-Asia Taxonomy to promote consistency and clarity in sustainable financing standards, the Transition Credits Coalition (TRACTION) and the Financing Asia’s Transition Partnership (FAST-P) to accelerate energy transition and blended finance in Asia, as well as the Sustainable Finance Jobs Transformation Map to enhance skills and competencies in sustainable finance.
Tan will continue to lead the Development & International Group as Group Head.
Ng, currently Department Head of the Markets Policy & Consumer Department, brings strong experience in sustainability issues, including collaborating with international organizations and diverse stakeholders, to formulate sustainability disclosure policies and requirements.
In a post she said “As MAS’ next CSO, I hope to further strengthen our organisation’s capabilities in this multi-faceted area, and continue steering the various sustainability efforts across MAS. Sustainability Group oversees the development of a vibrant sustainable and transition finance ecosystem; coordinates MAS’ developmental and regulatory green and sustainability initiatives; and fosters strategic collaborations with regional and international partners.
“With my committed and talented team, I look forward to advancing Singapore’s sustainability journey, and create meaningful impact.”
