UOB appoints Eric Lim as Chief Sustainability Officer, reinforcing its commitment to forging a sustainable future

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    09 April 2021

    Mr Lim to lead dedicated office to work across the Bank in driving sustainability agenda

     

    UOB has appointed Mr Eric Lim as its first Chief Sustainability Officer (CSO). In the new role, Mr Lim will lead a dedicated Corporate Sustainability Office and focus on achieving the Bank’s sustainability objectives of helping businesses to advance responsibly, steering consumer wealth to sustainable investments and fostering social inclusiveness and environmental well-being. Given the importance of sustainability to the Bank’s overall strategy, the CSO role will report directly to Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer (CEO), UOB. Mr Lim will also join the Bank’s Management Committee, which is chaired by the CEO and comprises the Bank’s most senior leaders from across the region.

     

    Mr Wee said, “At UOB, we ensure that our duty as a financial steward is aligned with our responsibility to help contribute to the region’s long-term economic, social and environmental well-being. Since Eric joined UOB in 2013, he has been instrumental in driving the Bank’s sustainability agenda. With his new mandate, Eric and his team will build our capability and capacity further as we continue to forge a sustainable future for the better, for all.”

     

    The Corporate Sustainability Office will work closely with the business and support functions across UOB’s network to increase focus, engagement on and execution of the Bank’s sustainability strategy. The team will also develop and monitor the key performance indicators of the Bank’s strategic sustainability goals, including UOB’s own carbon footprint target. Mr Lim is also the chairperson of UOB’s Group Environmental, Social and Governance (ESG) Committee. The ESG Committee is responsible for reviewing the Bank’s material ESG topics, identifying relevant risks and opportunities and monitoring the progress of sustainability-related programmes and initiatives.

     

    The CSO appointment is an extension of Mr Lim’s current role as Head of Group Finance, where he oversees financial strategy, capital management, regulatory and financial reporting, tax management, business finance and performance management. In this role, he continues to report to UOB Group Chief Financial Officer, Mr Lee Wai Fai. Mr Lim’s expanded responsibilities will help ensure synergies between the Bank’s sustainability strategy and financial performance management. Prior to UOB, Mr Lim was Managing Director and Head of Wholesale Banking Finance, Singapore and Southeast Asia at a multinational bank. He began his career at a US-headquartered financial services firm where he took on various executive positions in financial planning and analysis, mergers and acquisitions, audit and controllership based across the US and Asia. He has a Bachelor of Accounting degree from the Nanyang Technological University and an Executive Master of Business Administration from the Kellogg School of Management, Northwestern University.

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    About UOB
    UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

     

    For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

     

    The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to forging a sustainable future through working with its stakeholders to create positive environmental impact, fostering social inclusiveness and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

     

    For media queries, please contact media@uobgroup.com 

    UOB Newsroom

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