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hsbc appoints julian wentzel as new group chief sustainability officer
HSBC has appointed Julian Wentzel as Group Chief Sustainability Officer, a role he has been filling on an interim basis since November. Wentzel, who joined HSBC in 2015 and previously led global banking in the Middle East, will now report to CFO Pam Kaur, raising concerns among climate activists about the bank's sustainability priorities. This change comes amid broader management restructuring at HSBC under CEO Georges Elhedery.
barclays sustainability chief laura barlow steps down amid industry shifts
Laura Barlow, Barclays' Group Head of Sustainability, has stepped down to pursue a portfolio career while remaining a senior advisor. Her departure highlights a trend in the banking sector, following HSBC's Chief Sustainability Officer Celine Herweijer's exit, raising questions about the future of environmental commitments in finance.
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