DBS has announced the appointment of Helge Muenkel as Chief Sustainability Officer with immediate effect to drive the bank's sustainable finance efforts.

Muenkel will take over the role from Mikkel Larsen, who transitioned into the chief executive’s role at Climate Impact X which is a joint venture between DBS, the Singapore Exchange, Standard Chartered and Temasek.

Muenkel worked in Dutch bank ING as the head of Asia-Pacific, sustainable finance and global capital markets, prior to joining DBS.

Muenkel did his masters in economics and a major in development economics. He also has a postgraduate degree in sustainability from Cambridge University.