International financial institution Deutsche Bank designates Esra Turk for the position of Global Head of Sustainable Finance.
Deutsche Bank, a leading global financial institution, has announced a strategic push towards sustainable finance, aiming to achieve €500 billion of financing and investment volumes between 2020 and 2025. This ambitious target is set to be realised by integrating sustainability principles into financing and investment decisions, developing dedicated green and social finance products, and participating in global initiatives that promote adaptive lending practices supporting sustainable development.
The bank's commitment to sustainable finance is further underscored by the appointment of Esra Turk as the Global Head of Sustainable Finance at Deutsche Bank Investment Bank. Turk, who previously worked at Barclays Investment Bank in several senior roles, brings a wealth of experience to her new position. In her previous roles at Deutsche Bank, she served as Head of CEEMEA Institutional Client Group and Chair of the Investment Bank for Middle East & Africa.
The focus of Turk's leadership will be on taking Deutsche Bank's sustainable finance franchise to the next level globally. Her deep client insights and experience in running FIC Coverage, which includes Central & Eastern Europe, Middle East, Africa, and Latin America, will undoubtedly prove invaluable in this endeavour.
Deutsche Bank's sustainable finance strategy is particularly focused on capitalising on the demand for renewable energy infrastructure development in emerging markets. This focus is driven by the need for infrastructure development in these markets for renewable energy growth, a view shared by Joerg Eigendorf, Deutsche Bank's Chief Sustainability Officer.
The growth of demand for renewable energy in emerging markets presents a significant opportunity for Deutsche Bank, and Eigendorf sees exciting opportunities in these markets for sustainable finance, particularly in renewable energy. This sentiment is reflected in Deutsche Bank's strong performance in sustainable finance, with the bank recording its strongest sustainable finance quarter in four years in Q2 2025.
Since 2020, Deutsche Bank has recorded €253 billion in sustainable financing, with its investment banking business being the largest contributor to the bank's sustainable finance volumes over the past several years. The bank's strategic engagement in global alliances, such as the Debt Suspension Clause Alliance, also indicates a commitment to flexible and sustainable financial frameworks that help manage economic risks and support long-term development goals.
In conclusion, Deutsche Bank's strategic orientation towards sustainable finance during 2020-2025 is clear. By embedding sustainability principles in its financing and investment decisions, developing dedicated green and social finance products, and participating in global initiatives, the bank aims to drive sustainable growth while supporting the transition to a low-carbon economy. With Esra Turk at the helm of its sustainable finance strategy, Deutsche Bank is well-positioned to capitalise on the opportunities presented by the growing demand for renewable energy in emerging markets.
- Esra Turk, with her background in environmental-science and finance, will leverage her experience to drive Deutsche Bank's sustainable finance strategy globally, focusing particularly on renewable energy infrastructure development in emerging markets.
- The bank's strategic push towards sustainable finance is not only reflected in its financial commitment to achieve €500 billion between 2020 and 2025, but also in its participation in global initiatives that promote adaptive lending practices supporting sustainable development.
- The growth of demand for renewable energy presents a significant opportunity for businesses in the finance sector, such as Deutsche Bank, which are committed to sustainable finance, science, and the environment, as they can contribute to addressing climate-change and infrastructure development in emerging markets.
