Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank to create a center of excellence for sustainable finance. He will be based in London and joins the Corporate and Investment Bank’s Management Committee.
What were the executives’ thoughts on the appointment?
Commenting on the appointment, Global Head of Corporate and Investment Bank and President, Barclays Bank Plc, Paul Compton said, “The center of excellence will bring together the power of our ‘One Barclays’ approach to deliver a fuller suite of products, solutions, and expertise to clients as they navigate the transition to a low-carbon economy.”
“He will partner closely with the Sustainable Capital Markets, Sustainable and Impact Banking, and the Sustainable Product Group teams, as well as with Barclays’ Sustainability and ESG team to ensure connectivity with Barclays’ broader firm-wide efforts,” Paul further said.
“We are focused on the delivery of our climate strategy, including capturing new opportunities to deepen client relationships and create new growth for Barclays’ businesses,” commented Sasha Wiggins, Barclays’ Group Head of Public Policy and Corporate Responsibility.
“Whilst we are already using our expertise across our Corporate and Investment Bank to help clients manage this period of extraordinary change, Daniel’s appointment gives us a powerful focus to create a real point of difference with clients,” Wiggins further said.
What does Hanna bring to Barclays in his new role?
Mr. Hanna joins Barclays from Standard Chartered, where he was most recently Global Head of Sustainable Finance. “Barclays was one of the first banks to commit to net zero by 2050 and has a fantastic track record of innovation in green and sustainable finance,” said Hanna.
“As the world deals with the impact of high energy prices and climate change, Barclays has a strong platform to help channel capital to the new technologies, and companies, that can help economies decarbonize and drive sustainable growth,” Hanna further commented.
The transition to a low carbon economy is today’s defining opportunity for innovation and growth – supporting customers in their efforts to decarbonise and adapt their business models is a strategic priority at Barclays. There is a significant opportunity for Barclays to play a leading role in helping to meet the demand for financing to support the energy transition, channelling investment into new green technologies and low-carbon infrastructure projects.
Barclays has already facilitated £74 billion of green financing, including landmark projects such as supporting the United Kingdom Government to issue their first green bond, which will finance projects such as offshore wind and schemes to decarbonise homes and buildings.
To find out more about Barclays’ approach to climate change, please visit our website.