Standard Chartered Names Tracy Wong Harris as Head of Sustainable Finance
- In addition to the hire, several other recent key appointments have been made in London and Singapore.
Standard Chartered announced on Wednesday that it has named Tracy Wong Harris as Head of Sustainable Finance for Greater China and North Asia (GCNA), effective immediately.
Recently announced in a press release, Tracy Wong Harris, a financial executive, has joined Standard Chartered, a leading international banking group, as its new Head of Sustainable Finance for GCNA to focus on the Bank’s sustainable finance strategy on GCNA.
In this new role, located in Hong Kong, she will achieve this by developing new products and solutions. Additionally, she will incorporate environmental, social and governance considerations into banking decisions, and identify sustainable finance opportunities for clients.
Moreover, since May 2020 this financial executive has been a member of the SFC Climate Change Industry Group at the Securities and Futures Commission. Further, she has also been serving on the AIDS Concern Board of Directors for almost two years.
A Glance Back at Harris’ Career
Earlier to the announcement, Harris served as the Deputy Secretary-General at Hong Kong Green Finance Association (HKGFA). Over two years, she helped to position Hong Kong as a leading global green finance centre.
Prior to HKGFA, JP Morgan retained her services for more than a decade. Initially, she fulfilled the role of Vice President for Securitised Product Group Market Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term. After three years, she received a promotion to Senior Vice President of Rates Exotics Valuation Control. Within half that time, she elevated to the rank of Senior Vice President of APAC Chief Investment Office (CIO) Valuation Control Head. Later in April 2014, she culminated in the role of Senior Vice President for APAC Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Risk Management. She was responsible for managing liquidity risk for the Asia Pacific region for more than four and a half years.
Before working for JP Morgan, Harris worked as a Structured Credit Product & Risk Manager for two years at Mizuho. This role involved the management of market risk and valuation on complex structured credit products.
At Barclays Investment Bank, she was employed as a Market Risk Executive. For just over a year, his duties required daily VAR explanations on credit derivatives products.
Furthermore, in July 2003, BNP Paribas recruited Harris as a Fixed Income Derivatives Manger. Over the two year period, she was in charge of calculating the company’s capital to maintain its AAA rating via fixed income derivatives.
Leadership Changes Amidst Standard Chartered
Standard Chartered is extending its push to support clients across Asia, Africa and the Middle East with sustainable financing. In addition to Harris, Standard Chartered has made several other recent key appointments in London and Singapore.
The appointments include:
- Chris Helme, CFO, Sustainable Finance
- Teng Cheng, Director of Finance, Sustainable Finance
- Jaclyn Dove, Managing Director, Head, Strategic Initiatives
- Alex Kennedy, Head, Sustainable Finance Solutions
- Joanne Khew, Lead, Strategic Partnerships, Asia
- Tanya Popeau, Lead, Strategic Partnerships, Europe & Americas
This recent expansion follows the release of the Impact Report, which quantifies the impact of its USD 3.9 billion of Sustainable Assets that are aligned to the UN’s Sustainable Development Goals (SDGs) in its Sustainable Finance portfolio.
Commenting on the announcement, Daniel Hanna, Global Head of Sustainable Finance, Standard Chartered, said: “The Greater China and North Asia region plays an incredibly important role in ensuring the world achieves the Paris Agreement on climate change and the Sustainable Development Goals. Asia’s stage of growth and the fact that it houses some of the world’s most innovative companies means it is in a good position to ‘sustainability-leapfrog’ other parts of the world, so I’m delighted we could recruit someone of Tracy’s calibre to support our clients.”
“I am very excited to join Standard Chartered, a bank with PUBLIC solid commitment to align with the Paris Agreement and leading innovative work, such as Bill Winters chairing the Taskforce for Scaling Voluntary Carbon Markets. I am confident that we can advance deep decarbonisation in the region and deliver the firm’s sustainability and climate targets,” said Harris.
Standard Chartered announced on Wednesday that it has named Tracy Wong Harris as Head of Sustainable Finance for Greater China and North Asia (GCNA), effective immediately.
Recently announced in a press release, Tracy Wong Harris, a financial executive, has joined Standard Chartered, a leading international banking group, as its new Head of Sustainable Finance for GCNA to focus on the Bank’s sustainable finance strategy on GCNA.
In this new role, located in Hong Kong, she will achieve this by developing new products and solutions. Additionally, she will incorporate environmental, social and governance considerations into banking decisions, and identify sustainable finance opportunities for clients.
Moreover, since May 2020 this financial executive has been a member of the SFC Climate Change Industry Group at the Securities and Futures Commission. Further, she has also been serving on the AIDS Concern Board of Directors for almost two years.
A Glance Back at Harris’ Career
Earlier to the announcement, Harris served as the Deputy Secretary-General at Hong Kong Green Finance Association (HKGFA). Over two years, she helped to position Hong Kong as a leading global green finance centre.
Prior to HKGFA, JP Morgan retained her services for more than a decade. Initially, she fulfilled the role of Vice President for Securitised Product Group Market Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term. After three years, she received a promotion to Senior Vice President of Rates Exotics Valuation Control. Within half that time, she elevated to the rank of Senior Vice President of APAC Chief Investment Office (CIO) Valuation Control Head. Later in April 2014, she culminated in the role of Senior Vice President for APAC Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Risk Management. She was responsible for managing liquidity risk for the Asia Pacific region for more than four and a half years.
Before working for JP Morgan, Harris worked as a Structured Credit Product & Risk Manager for two years at Mizuho. This role involved the management of market risk and valuation on complex structured credit products.
At Barclays Investment Bank, she was employed as a Market Risk Executive. For just over a year, his duties required daily VAR explanations on credit derivatives products.
Furthermore, in July 2003, BNP Paribas recruited Harris as a Fixed Income Derivatives Manger. Over the two year period, she was in charge of calculating the company’s capital to maintain its AAA rating via fixed income derivatives.
Leadership Changes Amidst Standard Chartered
Standard Chartered is extending its push to support clients across Asia, Africa and the Middle East with sustainable financing. In addition to Harris, Standard Chartered has made several other recent key appointments in London and Singapore.
The appointments include:
- Chris Helme, CFO, Sustainable Finance
- Teng Cheng, Director of Finance, Sustainable Finance
- Jaclyn Dove, Managing Director, Head, Strategic Initiatives
- Alex Kennedy, Head, Sustainable Finance Solutions
- Joanne Khew, Lead, Strategic Partnerships, Asia
- Tanya Popeau, Lead, Strategic Partnerships, Europe & Americas
This recent expansion follows the release of the Impact Report, which quantifies the impact of its USD 3.9 billion of Sustainable Assets that are aligned to the UN’s Sustainable Development Goals (SDGs) in its Sustainable Finance portfolio.
Commenting on the announcement, Daniel Hanna, Global Head of Sustainable Finance, Standard Chartered, said: “The Greater China and North Asia region plays an incredibly important role in ensuring the world achieves the Paris Agreement on climate change and the Sustainable Development Goals. Asia’s stage of growth and the fact that it houses some of the world’s most innovative companies means it is in a good position to ‘sustainability-leapfrog’ other parts of the world, so I’m delighted we could recruit someone of Tracy’s calibre to support our clients.”
“I am very excited to join Standard Chartered, a bank with PUBLIC solid commitment to align with the Paris Agreement and leading innovative work, such as Bill Winters chairing the Taskforce for Scaling Voluntary Carbon Markets. I am confident that we can advance deep decarbonisation in the region and deliver the firm’s sustainability and climate targets,” said Harris.