Schroders hires head of Apac head of sustainability strategy

The appointment is one of four Asian ESG specialists planned by the end of the year.

Mervyn Tang, Schroders

Mervyn Tang will start his job as the new head of sustainability strategy, Apac at the end of this month, and comes from Fitch Ratings, where he was senior director, global head of ESG research, sustainable finance.

In this role, Tang will lead Schroders’ Regional Centre of Excellence for Sustainability (CoES) and build on Schroders’ sustainable investment proposition with clients across Asia Pacific, leveraging on Schroders’ proprietary ESG research and tools.

These include a recently announced partnership with Oxford Sciences Innovation and Natural Capital Research on a bespoke science based tool to value natural capital assets, to support clients on their sustainability choices and transition to net zero portfolios.

Tang will report locally to Roy Diao, head of Asian fixed income, and Lily Choh, country head of Singapore, with a functional reporting line to Hannah Simons, head of sustainability strategy, in London.

He will initially be based in Hong Kong before relocating to Singapore at the end of the year.

At the same time, Schroders has appointed Wong Dan Chi as head of ESG integration, Asia Pacific. In this role, Wong will work with the heads of the various Asia Pacific investment desks to drive further integration of Schroders’ proprietary sustainability research and tools into the overall investment processes.

Wong, who joined Schroders as its Asian ESG specialist in 2020, will report to Stephanie Chang, head of ESG integration, in London.

The team also comprises a sustainable equity analyst, and Schroders will add another Apac sustainability specialist by year-end, to complete the plan for a team of four ESG-dedicated specialists, according to a spokesperson.

The buildout of the CoES with dedicated Sustainability headcounts is key to Schroders’ commitment to advancing their sustainability push in the region, and there are plans to further grow this regional Sustainability team over the longer term.

The Singapore-based CoES team will form an integral part of Schroders’ Global Sustainability team of over 20 specialists, led by global head of sustainable investment, Andy Howard.