MUFG appoints new head of ESG finance for APAC

In the newly created role, Colin Chen is expected to build the bank’s finance strategy in the region.

MUFG Bank has appointed Colin Chen as its Head of ESG Finance for Asia Pacific. He will report to Tatsuya Konishi, Head of Investment Banking for Asia Pacific (AIBD). 

In this newly created role, Chen—who has been with MUFG for 21 years—is expected to build upon MUFG’s ESG finance strategy in the region and deepen the bank’s market presence by further establishing the bank as a centre of excellence for green financing.

Chen is based in Singapore and will assume his new role immediately, whilst concurrently serving his current duties as head of structured finance, Asian Investment Banking Division (AIBD) until a successor can be assigned, the press release added.

According to MUFG, Chen has over 30 years of structured financing experience to his new appointment at MUFG. The new head of ESG Finance has worked in London, New York and Singapore covering both advisory roles as well as arranging roles over the course of his career.

He joined MUFG in 2000 and in 2014, was given overall responsibility for the bank’s project finance, real estate and asset finance business for the Asia & Oceania region.