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Citi appoints Pang to head clean energy banking in Asia By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: A group of people walk under a Citibank logo, in San Francisco, California. July 17, 2009. REUTERS/Robert Galbraith

HONG KONG (Reuters). Citigroup According to the statement by the bank, William Pang has been appointed head of the Natural Resources and Clean Energy Transitions (NRCET), Investment Banking Unit in Asia.

According to the statement, Pang joined Citibank in 2015. He will be leading infrastructure banking in Asia.

NRCET was established globally https://www.reuters.com/article/us-citigroup-esg-idUSKBN2BL28M in March this year to work with the bank’s clients on transitioning to cleaner energy.

In an attempt to increase the bank’s sustainability coverage, three Citi banking groups were combined – power, energy and chemicals.

Jan Metzger, Citi AsiaPacific head of Banking, Capital Markets and Advisory, and Sandip Sen, co-heads globally at NRCET, will oversee Pang.

Metzger stated in the statement that “Clean Energy Transition is a global supertrend that is accelerating quickly and will last for decades.”

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