Shilpa Gulrajani joins DBS Bank as sustainable finance for institutional banking head

DBS Bank has welcomed Shilpa Gulrajani as its new Head of Sustainable Finance for Institutional Banking.

According to ESG News, Gulrajani, who transitions from a successful two-decade tenure at BNP Paribas, where she most recently served as Head of Corporate Development and Sustainability for Asia Pacific, brings a wealth of experience to her new role at DBS.

As a leading financial institution, DBS Bank is committed to advancing sustainable finance across Asia. The bank’s dedication to environmental, social, and governance (ESG) principles is demonstrated through its strategic efforts to support corporate clients in their transition towards net-zero emissions. This initiative is part of DBS’s broader commitment to embed sustainability in its core business practices.

Shilpa Gulrajani, in her capacity as Head of Sustainable Finance, will spearhead ESG business origination. She will focus on providing advisory and financing solutions that assist DBS’s corporate clients in their sustainable development goals. Her role is crucial in steering the bank’s sustainability efforts in alignment with regional initiatives like the Singapore-Asia Taxonomy.

Gulrajani’s extensive background in sustainability and corporate development equips her with the insights and expertise required to lead the sustainable finance division at DBS. Her appointment is a strategic move by DBS to strengthen its leadership in sustainable finance in the region.

Gulrajani succeeds Yulanda C., who resigned after a commendable six-and-a-half-year stint with the bank. This change in leadership marks a significant step in DBS’s ongoing efforts to integrate sustainable practices within its operational framework.

Reflecting on her new role, Shilpa Gulrajani commented, “Sustainability, as a topic today, is more real than ever. The importance to which, has rather been better understood more widely in the past few years although it was constantly highlighted by several world leaders who believed in it, even when it was not fashionable. The way I view it, in order for sustainability to become mainstream, we have to embed it in our day-to-day business DNA – it is very much a part of a corporate’s strategy.”

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