Karen Fang is Managing Director, Global Head of Sustainable
Finance at Bank of America. She works across Bank of America’s
eight lines of business to drive the implementation of its firm-wide
sustainable finance strategy and goal of mobilizing and deploying
$1.5 trillion in sustainable finance capital by 2030.
Karen is a member of Bank of America’s Management Committee,
Responsible Growth Council and Asian Leadership Council. She is
also a leader in global net zero and sustainable finance forums and
taskforces. She serves as co-chair of the Finance and Infrastructure
Taskforce for the B20 (the G20 member states’ official dialogue forum with the global business
community), as co-chair of the Blended Finance Taskforce for the UN Global Investors for
Sustainable Development Alliance and as a member of the G7 Just Energy Transition
Partnership, Sustainable Markets Initiative, World Economic Forum (WEF) Net Zero Transition
Steering Committee, U.S. Steering Council of 1t.org, Leadership Council of the Breakthrough
Energy Catalyst program and Climate Advisory Council to the Rockefeller Foundation. Karen
previously served as a national board member of LISC, one of the largest community
development financial institutions in the U.S.
Prior to joining Bank of America, Karen was a Managing Director at Goldman Sachs in New
York after holding senior positions in derivatives structuring, including at Merrill Lynch in
Tokyo and Deutsche Bank in London. She was named one of Fortune’s “40 under 40”and a
Young Global Leader by WEF. She is one of Crain’s New York Business’s 2024 & 2023 Notable
Leaders in Sustainability and 2022 Notable Women on Wall Street. Karen is a recipient of the
2021 American Banker Most Powerful Women Standout Award, 2021 Outstanding 50 Asian
Americans in Business Award and Business Insider’s 100 People Transforming Business Award
in 2020.
Karen holds a bachelor’s degree in economics from the University of Tokyo