Headlines
JP Morgan creates new green banking leadership role
Published by Global Banking & Finance Review®
Posted on May 8, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 8, 2025
2 min readLast updated: January 24, 2026
JP Morgan appoints Kai-Christian Nerger to lead its green economy banking in Europe, focusing on renewable energy and green technology advisory.
By Virginia Furness
LONDON (Reuters) -JP Morgan has bolstered its green finance and advisory offering in Europe with a new division head to support clients across renewable energy and green technology.
The Wall Street lender has promoted Kai-Christian Nerger to the newly created role of head of green economy banking for Europe within its global corporate banking business, an internal memo seen by Reuters on Thursday said.
Nerger, who has been at JP Morgan for more than 10 years, will lead a team helping the bank's European clients reduce their carbon emissions and benefit from growth opportunities in the green economy.
Nerger previously worked in the bank's diversified industries and power and renewables coverage teams. Most recently he was focused on industrial, utility and green economy clients in Germany, the memo said.
There has been a scaling back of climate ambitions at some North American and European banks, both before and after the election of U.S. President Donald Trump. JP Morgan itself in early January exited a banking alliance aimed at furthering climate ambitions in the sector.
JP Morgan said in the memo that it continues to focus on helping clients scale energy transition and climate tech businesses around the world.
JP Morgan has earmarked $1 trillion for initiatives that support climate action and facilitated $242 billion towards its green target since 2021.
(Reporting by Virginia Furness; Editing by Ewan Harwood)
The article discusses JP Morgan's new leadership role in green banking, focusing on renewable energy and green technology in Europe.
Kai-Christian Nerger has been appointed as the head of green economy banking for Europe at JP Morgan.
JP Morgan has earmarked $1 trillion for climate initiatives and facilitated $242 billion towards its green target since 2021.
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