The Net-Zero Banking Alliance is governed by a 12-member-strong Steering Group and Chair to oversee decision-making and strategy. The Steering Group was selected by member banks, and represents a diversity of geography and business models.

The Group meets at both the ‘Principal’ level, with C-suite delegates ensuring that the strategy is embedded at the heart of organisations, and at the ‘Representative’ level, with working-level delegates tackling the on-the-ground practicalities of delivering on the commitment. The Alliance is supported and convened by the UNEP FI Secretariat, and the United Nations also holds a seat on the Steering Group.

The Alliance operates in compliance with the NZBA governance document. First adopted in October 2021, it was updated in August 2023.

Chair

Standard Chartered is the Chair, tasked with driving the ambition and strategic relevance of the initiative.

  • Principal Role | Tracey McDermott, Group Head of Compliance, Financial Crime and Conduct for Standard Chartered

 

Steering Group

The Steering Group works with the Chair to leverage the diversity of the membership, build consensus and ensure best-practice is able to be adopted worldwide. The current members are: Amalgamated Bank, Bank of America, Banorte, BBVA, Citi, First Abu Dhabi Bank, HSBC, La Banque Postale, Morgan Stanley, MUFG, Standard Chartered, Westpac, and the United Nations.  Former members include: CIB, and KB Financial Group Inc.

 

Bank
Representative Role
Principal Role
Amalgamated Bank
 Ivan Frishberg, Senior Vice President and Chief Sustainability Officer Priscilla Sims Brown, CEO
Bank of America
 Alex Liftman, Global Environmental Executive Paul Donofrio, Vice Chairman
Banorte
 José Luis Muñoz, Executive Director Investor Relations & ESG Dr Gerardo Salazar, Financial Group’s Head of Risk Management and member of the Board of Directors of Banorte Financial Group
BBVA
 Antoni Ballabriga Torreguitart, Global Head of Responsible Business Carlos Torres Vila, Chairman
Citi
 Val Smith, Chief Sustainability Officer and Managing Director Ed Skyler, Head of Global Public Affairs
First Abu Dhabi Bank
 Shargill Bashir, Chief Sustainability Officer Hana Al Rostamani, Group CEO
HSBC
 Peter Kanning, Managing Director, Global Head of Sustainable Finance Strategy Noel Quinn, Group CEO
La Banque Postale
 Adrienne Horel-Pagès, Chief Sustainability Officer Philippe Heim, Chairman of the Executive Board
Morgan Stanley
 Celine M. Suarez, Managing Director, Head of Sustainable Finance, Institutional Securities Group Jessica Alsford, Chief Sustainability Officer and CEO of the Institute for Sustainable Investing
MUFG
 Tomo Ishikawa, Chief Regulatory Engagement Officer Hideaki Takase, Managing Corporate Executive, Group Chief Strategy Officer
Standard Chartered
 Tracey McDermott, Group Head, Conduct, Financial Crime and Compliance Tracey McDermott, Group Head, Conduct, Financial Crime and Compliance
United Nations
 Curtis D. Ravenel, Senior Advisor to Mark Carney, and Eric Usher, Head of UNEPFI Mark Carney, UN Special Envoy on Climate Action and Finance, and Chair of Glasgow Financial Alliance for Net Zero (GFANZ), and Eric Usher, Head of UNEPFI
Westpac
 Siobhan Toohill, Chief Sustainability Officer Anthony Miller, Chief Executive Business and Wealth