- A HSBC Group General Manager and Global Head of Sustainable Finance Dr Daniel Klier to join Arabesque in June 2021
- Dr Klier will lead the firm’s global growth strategy, with sustainability and technology set to transform financial markets over the next decade
- He will be responsible for the expansion of S-Ray’s ESG services worldwide, whilst delivering new investment and technology solutions to Arabesque’s global clients
- Appointment is part of a series of significant new hires across Arabesque in the coming months as the group expands its sustainable finance offerings
12 February, 2021, London and Frankfurt – A HSBC Group General Manager and Global Head of Sustainable Finance, Dr Daniel Klier, will join as the new CEO of Arabesque S-Ray GmbH and President of the Arabesque Group, effective in June 2021.
Dr Klier’s engagement is a key part of Arabesque’s growth strategy, as the company expands its services to meet rapidly increasing demand for sustainability and AI technology solutions in financial markets.
He will lead the expansion of Arabesque S-Ray’s ESG data, advisory and research services worldwide, alongside bringing to market innovative new tools for capturing, analysing and reporting sustainability data.
He will also be scaling up Arabesque’s global group business, as it looks to shape the industry of sustainability through its investment solutions, AI and financial technology expertise.
Speaking about today’s announcement, Dr Daniel Klier, Arabesque S-Ray’s incoming CEO and President of the Arabesque Group, said:
“Finance is entering one of the most profound decades of change in its history, with sustainability and technology driving transformation of the global marketplace.”
“Arabesque is uniquely positioned to lead this major transition, combining cutting-edge AI applications, market-leading data assets and ESG investment propositions.”
“I am excited to be joining an incredible team that is supported by a world-class board of sustainability experts, together with some of Europe’s largest financial institutions as shareholders, and look forward to driving Arabesque forward as a pioneer in sustainability.”
Established in 2013, Arabesque is a leading provider of technology solutions for sustainable finance, with three integrated businesses offering ESG investment strategies, data and insights for financial decision-making, and AI investment technology.
Arabesque S-Ray has strategic partnerships with shareholders including Allianz X, Commerz Real AG, DWS Group, Helaba Digital, and the German federal state of Hessen. In 2020, it was announced that DWS had taken a minority stake in Arabesque AI.
Daniel joined HSBC in 2013 as Group Head of Strategy in London, where he oversaw the development of HSBC’s global strategy, capital allocation, and the implementation of the Group’s strategic projects.
Since 2017, he has led HSBC Group’s efforts to become a global leader in sustainability, as Global Head of Sustainable Finance, covering the Group’s business activities around climate change and other ESG-related topics, climate risk management and stakeholder engagement, resulting in numerous industry awards. He has also chaired various influential groups on sustainable finance, including the Bank of England Climate Risk working group, the Institute of International Finance (IIF) Sustainable Finance working group, and the UK Finance Sustainability Committee. Prior to joining HSBC, Daniel was a Partner at McKinsey & Company.
Georg Kell, Chairman of the Arabesque Group, and founding Executive Director of the United Nations Global Compact, said:
“Technology is revolutionising sustainable investment, and democratising finance as a force for good to shape a more prosperous future for our society and the planet.”
“I am thrilled to welcome Daniel to Arabesque, and believe that by adding his experience, leadership and vision to the team, we could not be better placed to meet our mission of mainstreaming sustainability across capital markets.”