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To allow New Yorkers the opportunity to enjoy the arts within their neighborhoods, Mayor Bill de Blasio released guidelines for the city’s “Open Culture” program. ....
New initiative to help banks in the Philippines, Mexico and Egypt scale climate finance It is designed to increase climate lending by participating banks to 30% of their portfolios by 2030, while reducing exposure to coal Image: Shutterstock A new initiative aimed at helping financial institutions in Egypt, Mexico, South Africa and the Philippines scale financing for climate projects has been launched. IFC, a member of the World Bank Group, will work with banks in the four countries to mobilise private sector financing for climate mitigation and adaptation projects and help align their strategies with the targets of the Paris climate agreement. ....
Banker Enns to Succeed Retiring Chubb CFO Bancroft January 21, 2021 Chubb announced that Philip Bancroft, executive vice president of Chubb Group and chief financial officer, plans to retire from the company on July 1 after 19 years of service. Peter Enns, an investment banker who was most recently the Global Co-Head of Investment Banking Coverage in Hong Kong for HSBC, will join Chubb on or before April 1 as executive vice president, Finance, and will succeed Bancroft upon his retirement. Enns has 30 years of finance and investment banking experience. He spent over 20 years with Goldman Sachs in various senior roles, including partner of the firm’s U.S. Financial Institutions Group based in New York, head of its Asia Financial Institutions Group based in Hong Kong, and chief executive of its business operations in Canada. ....
Chubb: Philip Bancroft To Retire After 19 Years Chubb announced that Philip Bancroft, Executive Vice President of Chubb Group and Chief Financial Officer, plans to retire from the company on July 1 after 19 years of service. Peter Enns has agreed to join the company on or before April 1 as Executive Vice President, Finance, Chubb Group and succeed Mr. Bancroft upon his retirement. Mr. Enns has more than 30 years of finance and investment banking experience. He spent over 20 years with Goldman Sachs in various senior roles, including partner of the firm’s U.S. Financial Institutions Group based in New York, head of its Asia Financial Institutions Group based in Hong Kong, and chief executive of its business operations in Canada. More recently, Mr. Enns held a number of roles with HSBC, including his last assignment as Global Co-Head of Investment Banking Coverage based in Hong Kong. ....