SINGAPORE, Aug. 11, 2022 /PRNewswire/ — LGT Bank (Singapore) Ltd. has announced the appointment of Ms. Neo Gim Huay and Mr. En Lee to its Board of Directors, effective June 2, 2022. These appointments enhance the Board’s expertise in sustainability, ESG (Environmental, Social, and Governance) criteria, and sustainable investing.

As recognized leaders in the sustainability field, Gim Huay and En contribute diverse skills and extensive knowledge aligned with LGT’s commitment to providing sustainable, impact investment, and venture philanthropic solutions. Since 2007, LGT has been a pioneer in sustainable investing, continuously expanding its offerings across various portfolio management mandates and asset classes. The bank aims to be a leading provider of sustainable investment solutions by 2025.

Sustainability Background
At the World Economic Forum, Ms. Neo Gim Huay leads climate and nature-related initiatives, focusing on accelerating climate action and implementing nature-based solutions. She has previously held several Managing Director positions at Temasek International, including roles in Climate Change Strategy and Sustainability. Gim Huay also has experience as a Management Consultant with McKinsey in the US and Africa, where she helped establish McKinsey’s first office in Sub-Saharan Africa. She serves on various boards and councils, including the Singapore Institute of Technology and the Water Resources Group at the World Bank.

Regional Impact Expert
Mr. En Lee, who joined LGT in 2013, manages the regional impact investment portfolio in Southeast Asia and China. He is a Founding Partner and Senior Advisor at Lightrock, LGT’s global impact investing platform. En has held senior positions at Goldman Sachs and Freshfields Bruckhaus Deringer and has served on multiple ESG advisory groups. His extensive experience in sustainable finance and investing will further enhance LGT’s strategic focus in the region.

LGT’s commitment to sustainability is deeply rooted in the values of its owner, the Princely Family of Liechtenstein, known for its long-standing emphasis on sustainable and long-term thinking. As a founding member of the United Nations’ Net-Zero Banking Alliance, LGT has pledged to reduce net greenhouse gas emissions from its operations and investments to net zero by 2030. The bank has also signed an agreement with Climeworks to capture and store a portion of its greenhouse gas emissions starting in 2025.

Statements from Leadership
H.S.H. Prince Max von und zu Liechtenstein, Chairman and CEO of LGT Group, emphasized the importance of sustainable investing: “As a company with a long-term orientation, we must address how industries and consumption can be sustainable. Well-implemented investment strategies in sustainability-oriented companies will significantly contribute to solving environmental and social issues while generating attractive returns.”

In addition to these appointments, the LGT Group Foundation has named Peter Nussbaum to its Board of Directors. A co-founding partner of the Munich office of Milbank and former co-head of Freshfields Bruckhaus Deringer’s global private equity group, Nussbaum brings valuable experience and leadership to the Foundation.

About LGT
LGT is a leading private banking and asset management group wholly owned by the Princely Family of Liechtenstein. With a commitment to sustainable investment and long-term value creation, LGT serves clients globally, helping them achieve their financial goals while contributing to a sustainable future.