The Net-Zero Banking Alliance (NZBA) is governed by a Steering Group and Chair to oversee decision-making and strategy. The Steering Group is selected by member banks, and represents a diversity of geographies 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. NZBA 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, and again in March 2024. You can also read more about NZBA’s Accountability Mechanism here.
Chair of the Steering Group
On August 1st, 2024, First Abu Dhabi Bank (FAB) became the new Chair of the NZBA Steering Group with Ms. Hana Al Rostamani, Group CEO as Principal, and Mr. Shargiil Bashir, Group Chief Sustainability Officer, as Representative. The NZBA Chair is selected by the members of the NZBA Steering Group.
Steering Group
The NZBA Steering Group periodically refreshes its membership as the terms of banks in the group come to an end. Alliance members agreed that from mid-July 2024 the number of seats on the steering group will be increased from 12 to 14, adding two additional seats for the APAC region, reflecting growth in the number of member banks in that region. From 16 July 2024, membership of the steering group is as described below.
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 Sustainability Intelligence & Advocacy | Carlos Torres Vila, Chairman |
CIMB |
Luanne Sieh, Group Chief Sustainability Officer | Gurdip Singh Sidhu, CEO, CIMB Malaysia and CIMB Bank Berhad, and Group Chief Operating and People Officer |
Citi |
Val Smith, Chief Sustainability Officer and Managing Director | Ed Skyler, Head of Enterprise Services and Public Affairs |
First Abu Dhabi Bank |
Shargiil Bashir, Group Chief Sustainability Officer | Hana Al Rostamani, Group CEO |
La Banque Postale |
Adrienne Horel-Pagès, Chief Sustainability Officer | Stéphane Dedeyan, CEO |
Lloyds Banking Group |
Khadija Ali, Group Director, Sustainability & Responsible Business | Andrew Walton, Chief Sustainability Officer |
Maybank |
Shahril Azuar Jimin, Group Chief Sustainability Officer | Dato’ Khairussaleh Ramli, President and Group CEO |
MUFG |
Tomo Ishikawa, Chief Regulatory Engagement Officer | Hideaki Takase, Managing Corporate Executive, Group Chief Strategy Officer |
Nordea |
Peter Sandahl, Head of Climate & Environment, Deputy CSO | Anja Hannerz, Group Head of Sustainability |
Royal Bank of Canada |
Jennifer Livingstone, Vice President, Climate Strategy | Maria Douvas, Chief Legal and Administrative Officer |
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) |
Westpac |
Michael Chen, Acting Chief Sustainability Officer | Anthony Miller, Chief Executive Business and Wealth |