Natixis Corporate & Investment banking has appointed Olivier Menard as new head of its Green & Sustainable Hub in Asia Pacific.
Based in Hong Kong, Menard reports to head of Investment Banking, Asia Pacific, Raghu Narain and internationally to global head of Green & Sustainable Finance, Orith Azoulay.
The appointment is part of the company’s strategy to become its clients’ preferred banking partner for energy transition.
Asia Pacific is a main priority in this strategy and Menard will handle activities to provide issuer and investor clients in the region with green and sustainable finance expertise.
Recently, the company appointed Xing Lan as a vice-president in its Green & Sustainable Hub, to additionally boost its capabilities in Asia Pacific. Xing, based in Hong Kong, reports to Menard.
Green & Sustainable Hub focuses on green finance expertise and innovation.
In 2019, Natixis introduced the Green Weighting Factor, which is an in-house mechanism for financing deals with an affirmative environmental impact.
Green Weighting Factor also supports the change to a low-carbon economy and provides a negative adjustment for financing deals that have environmental risks.
Narain said: “Sustainable financing is moving evermore towards the mainstream and issuers and investors are increasingly looking to the theme of energy transition, an area that Natixis CIB is well-placed as a go-to advisor and financial partner to accompany clients on this journey.
“I have no doubt that given his past experience in the APAC region and intimate working knowledge of green and sustainable financing activities, Olivier will be a key advisor to our clients and a driving force behind the further development of our green and sustainable financing franchise in the region.”
Last month, Natixis Investment Managers brought together its several businesses under a new division, called Natixis Investment Managers Solutions.