HSBC has promoted one of its top investment bankers to lead a new team of dealmakers tackling sustainable finance — a key area of focus for the UK lender.

Alexi Chan has been named head of global banking sustainability, according to an internal memo sent by global banking and markets chief, Greg Guyett, seen by Financial News. Chan latterly headed up HSBC's capital markets unit and was also deputy head of its capital financing and investment banking coverage division.