SEB’s Head of Sustainability Regulatory Affairs Leaves for KPMG

KPMG LLP has recruited Marie Baumgarts as a partner to lead its sustainability advisory offering in Sweden.

Baumgarts previously worked as head of sustainability regulatory affairs and sustainability office at SEB AB. The announcement of her departure comes just two weeks after the Stockholm-based bank announced new targets to cut fossil-fuel credit exposure within its energy portfolio by at least 45% by 2030.

KPMG’s new appointment starts the new role on Dec. 1, according to a statement.

Read More: SEB CEO Rejects Carbon Credits to Cut CO2, Citing Greenwashing

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Jonas Cho Walsgard ...