Deutsche Bank hires Kamran Khan as first Asia Pacific head of ESG

The appointment comes as Deutsche Bank announces target to pump US$216 billion into sustainable financing by 2025.

Former World Bank and JP Morgan executive Kamran Khan, DB
Former World Bank and JP Morgan executive Kamran Khan is Deutsche Bank's first head of ESG for Asia Pacific. Image: Deutsche Bank

Deutsche Bank has appointed the company’s first head of ESG (environmental, social and governance) for Asia Pacific.

Taking on the role is former World Bank, JP Morgan and Obama adminstration executive Kamran Khan, who joins the multinational bank from sustainable investment firm Infra-Tech, where he was chief executive and managing partner.

Khan will be responsible for developing and coordinating the regional business strategy around ESG across all of Deutsche Bank’s business divisions in Asia Pacific. He will be based in Singapore.

His appointment comes the day after Deutsche Bank announced a series of new sustainability targets, including a plan to pump Euros 200 billion (US$216 billion) into sustainable financing and investments by 2025.

The bank’s Asia Pacific CEO Werner Steinmueller said in a statement that Deutsche Bank created the role “as a statement of intent” to put ESG at the heart of the company and the service it provides to clients.

In Khan’s career, he started out working in mergers and acquisitions for JP Morgan. He had a 9-year stint with the World Bank as programme director for Singapore, and in 2013 was appointed by the Barack Obama administration to run the global operations for the United States Millennium Challenge Corporation, an investment portfolio with a focus on ESG-led investments.

Khan is on the advisory board of a number of organisations including airline industry carbon exchange AirCarbon and Fudan University Fintech Center, where he gives ESG advice on Belt and Road Initiative projects.

Did you find this article useful? Help us keep our journalism free to read.

We have a team of journalists dedicated to providing independent, well-researched stories from around the region on the topics that matter to you. Consider supporting our brand of purposeful journalism with a donation and keep Eco-Business free for all to read. Thank you.

Most popular

Featured Events

Publish your event

More from People

Karen Lee, Head of Partnerships & Advocacy, Group ESG, AIA
Lee joins AIA from rival insurer MSIG Asia, where she led the sustainability function.
A coral nursery
The world has lost half of its coral reefs in 30 years. Malaysian oceanographer Anuar Abdullah has developed a simple, yet effective way to restore coral. He tells Eco-Business that no reef is the same, and successful reef rehabilitation depends on cooperation with local communities.
Youth Activist Speech
Youth should be involved in policy decisions that will dramatically impact their lives, says this 18-year-old climate activist. In this interview, she shares about the biggest environmental issues facing New Zealand, and what she’s doing to tackle them.
leaf background pattern

Transforming Innovation for Sustainability Join the Ecosystem →

Strategic Organisations

Reneum
Danfoss
Trucost
ESG Book
Olam
City Developments Ltd