OCC names chief climate risk officer to lead new office

The Office of the Comptroller of the Currency (OCC) has reinforced its commitment to confronting risks posed by climate change with the appointment of Yue (Nina) Chen as chief climate risk officer.

The banking regulator announced the addition to its leadership ranks Monday. Chen will oversee the OCC’s new Office of Climate Risk and spearhead the agency’s climate risk efforts related to supervision, policy, and external engagement. She will report to Acting Comptroller of the Currency Michael Hsu.

Chen joins from the New York State Department of Financial Services (NYDFS), where she served as the first executive deputy superintendent of the Climate Division. She succeeds Jonathan Fink, who had been the OCC’s chief climate risk officer on an acting basis since March in addition to advising Hsu.