ING Appoints Jonathan Keyes as Head of Sustainable Finance for the Middle East
In a significant move towards enhancing its commitment to sustainable finance, ING, the global wholesale bank, has announced the appointment of Jonathan Keyes as the new Head of Sustainable Finance for the Middle East region. This newly created role reflects ING’s dedication to advancing sustainable finance and environmental stewardship in one of the world’s most dynamic and rapidly evolving regions.
A Leader in Sustainability
Jonathan Keyes brings over 14 years of extensive experience in sustainability and corporate responsibility to his new role. His impressive career includes key positions at renowned institutions such as HSBC, JP Morgan, Environmental Resources Management (ERM), and Arrow Energy, where he has worked across various regions, including Australia, Hong Kong, and the UAE. This wealth of experience positions him well to lead ING’s sustainability initiatives in the Middle East.
Focus on Environmental, Social, and Governance (ESG) Principles
As the Head of Sustainable Finance, Keyes will be responsible for integrating environmental, social, and governance (ESG) principles into ING’s client offerings. His leadership will be pivotal in promoting sustainable finance solutions tailored to the unique challenges and opportunities present in the Middle East. By focusing on these principles, ING aims to support its clients in achieving their sustainability goals while fostering long-term value creation.
Sebastian Frederiks, Head of ING in the Middle East, expressed enthusiasm about Keyes’ appointment, stating, “Building on our strategic pillars of superior value for customers and putting sustainability at the heart, we are thrilled to welcome Jonathan Keyes to our team in the Middle East. Jonathan’s extensive experience and passion for sustainability will be instrumental in driving our mission to support sustainable development.”
Driving Sustainable Development
In his new role, Keyes will not only develop sustainable finance solutions for ING’s clients but will also support sustainability strategies that align with the bank’s global objectives. His collaborative approach will involve working closely with clients to help them navigate their sustainability journeys, ensuring that their efforts contribute positively to environmental and social outcomes.
“I am excited to join ING and lead its sustainability efforts in the Middle East,” said Keyes. “I look forward to collaborating with our clients and stakeholders to drive positive environmental and social outcomes as well as supporting the region’s low-carbon transition efforts in a just and orderly manner.”
ING’s Commitment to Sustainability
ING has long been committed to sustainability, which is integral to its operations. The bank’s recent Climate Progress Update showcases the steps it is taking to lead the charge in accelerating the low-carbon transition. This commitment is further demonstrated through its financing initiatives, where ING collaborates with clients to facilitate their transitions to net-zero emissions while investing in the technologies and solutions necessary for a sustainable future.
Collective Action and Regional Engagement
ING’s senior leadership has emphasized the importance of collective action in addressing climate change, a message they reinforced during their participation in the United Nations Climate Summit (COP28) in Dubai. This engagement underscores the bank’s commitment to sustainability not just as a corporate responsibility but as a vital part of its strategic vision for the region.
In the Middle East, ING has demonstrated its dedication to sustainability through landmark frameworks and transactions, supporting Sovereign Wealth Funds, regional banks, large corporate clients, and industry champions. The appointment of Jonathan Keyes further solidifies ING’s position as a leader in sustainable finance and its commitment to contributing to a more sustainable future.
Conclusion
Jonathan Keyes’ appointment as Head of Sustainable Finance for the Middle East marks a pivotal moment for ING as it seeks to enhance its sustainability initiatives in a region poised for growth and transformation. With a focus on ESG principles and a commitment to supporting clients in their sustainability journeys, ING is well-positioned to lead the charge towards a more sustainable future in the Middle East. As the bank continues to innovate and adapt to the evolving landscape of sustainable finance, Keyes’ leadership will undoubtedly play a crucial role in shaping the region’s financial sustainability narrative.