In this newly-created role, Nakhooda will work across the group, focusing on both internal and external corporate initiatives, as well as taking the firm’s investment framework to the highest standard, the firm said in a statement. 

She will be responsible for leading on ThomasLloyd’s commitment to evolve its policies and practices in line with the global sustainability agenda, and ensure that the firm is at the forefront of impact investing, the firm added. 

Based in Zurich and starting in October, she will report directly to chief executive Michael Sieg.

Nakhooda is joining from the multilateral financing institution ADB, where she was principal results management specialist. She was responsible for leading the integration of the United Nations’ Sustainable Development Goals into the bank’s policies and key performance indicators, the firm said. 

During her time at the bank, she also worked on the development of impact measurement and management standards to mobilise the financing needed to deliver the SDGs. As an international expert on sustainable finance and climate change, Nakhooda brings to the group nearly two decades of experience in environmental sustainability, social inclusion, and robust governance practices, particularly in emerging markets, the firm said. 

Prior to ADB, she was a senior research fellow at the Overseas Development Institute in London, where she was responsible for leading a dedicated work stream examining the role of financial markets in addressing climate change.

Welcoming the move, Sieg said: “She not only brings to ThomasLloyd her international expertise in sustainable and climate finance, but she is also joining us with years of experience working in some of our core and target markets.”

“As an Indian national and having worked in the Philippines for several years, she brings unique local insights and on-the-ground expertise that will be key in helping us tap into the most compelling sustainable infrastructure investment opportunities in the world’s fastest growing economies,” he added. 

Based in Zurich, ThomasLloyd specialises in impact investing in high-growth and emerging markets across Asia. In 2021, the firm said it listed its ThomasLloyd Energy Impact Trust on the premium segment of the London Stock Exchange’s main market, attracting British and European institutional and sovereign investors, including the UK Government. 

Over the last decade, it has also deployed over $1 billion across 16 projects in renewable energy power generation, transmission, and sustainable fuel production with a total capacity in excess of 700 MW, the firm added.