Singapore Exchange (SGX) has appointed Herry Cho as its new head of sustainability and sustainable finance on Jan 13.

The role is a newly-created position, which will report directly to SGX’s CEO Loh Boon Chye.

Cho will officially step into her role with effect from Feb 8.

Cho’s role marks another milestone in SGX’s multi-pronged expansion of its sustainability efforts, which are housed under the SGX Future in Reshaping Sustainability Together (FIRST) platform.

Cho will drive the strategic direction of SGX’s environmental, social and governance (ESG) capabilities and further broaden and deepen its sustainable finance pillars.

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The role will also see Cho delivering on SGX’s commitment to improve the ecosystem through collaboration by actively building partnerships and networks to enhance industry cooperation and knowledge in sustainable development.

Furthermore, Cho will be advancing the development of SGX’s ESG solutions and regulatory support for its stakeholders, and championing sustainability practices within SGX.

Before this, Cho spent more than 13 years at ING, with her latest role being the head of sustainable finance Asia-Pacific at ING.

“I am humbled to spearhead a crucial role that SGX must play as Asia’s most international, multi-asset exchange: to ambitiously co-create and steer the local, regional and global financial system to support sustainable development,” says Cho.

“We don’t have any time to waste to ensure our planet is liveable and our communities thrive, and I look forward to working with all stakeholders to make SGX and in turn Asia’s financial ecosystem a thought and action leader in sustainability and sustainable finance,” she adds.

As at 2.49pm, shares in SGX are trading 2 cents higher or 0.2% up at $10.01.