International Financial Institution Deutsche Bank Names Esra Turk as Head of Global Sustainability Finance
Deutsche Bank has been making significant strides in its commitment to sustainable finance, having recorded €253 billion in sustainable financing since 2020. The bank's investment banking business has been the largest contributor to these volumes over the past several years.
In a move to further bolster its sustainable finance efforts, Deutsche Bank has appointed Esra Turk as the Global Head of Sustainable Finance at its Investment Bank. Turk brings a wealth of experience to the role, having previously served as Head of Emerging Markets Origination, EMEA and Americas at Barclays Investment Bank.
The demand for renewable energy is growing fast in emerging markets, and Deutsche Bank sees exciting opportunities in these regions for renewable energy development. The bank has been actively involved in sustainable finance transactions, such as Slovenia’s first €1 billion sustainability-linked bond and a €1.4 billion renewable energy project financing.
Deutsche Bank's current sustainable finance target is to reach €500 billion in cumulative sustainable financing and ESG investment volumes between 2020 and 2025. As of Q2 2025, they have achieved €417 billion in cumulative sustainable finance and ESG investments. The bank hit a new quarterly record in sustainable finance in Q2 2025, adding €28 billion in volumes, the highest quarterly total since 2021, increasing the cumulative total since 2020 to €417 billion.
However, the bank still needs to add about €83 billion more within the remaining months of 2025 to meet its goal. The sustainable finance franchise, which refers to Deutsche Bank's business focused on sustainable financing and investment, aims to achieve this target by engaging in more prominent sustainable finance transactions and updating its sustainability-related policies.
Esra Turk's appointment is aimed at taking Deutsche Bank's sustainable finance franchise to the next level globally. With her deep client insights and experience in running FIC Coverage in various regions, Turk is well-positioned to lead this charge. The exact role within the sustainable finance franchise that Esra Turk has been appointed to is not specified, but it is clear that her global expertise will be crucial in achieving the bank's sustainable finance goals.
[1] Deutsche Bank (2025). Deutsche Bank Achieves €417 Billion in Cumulative Sustainable Finance and ESG Investments as of Q2 2025. Retrieved from [link]
[2] Deutsche Bank (2025). Deutsche Bank Q2 2025 Sustainable Finance Update. Retrieved from [link]
[3] Deutsche Bank (2025). Deutsche Bank's Sustainable Finance Target: Reaching €500 Billion by 2025. Retrieved from [link]
[4] Deutsche Bank (2025). Deutsche Bank's Sustainability-Related Policies Updated in 2025. Retrieved from [link]
- Deutsche Bank's appointment of Esra Turk as the Global Head of Sustainable Finance at its Investment Bank signifies a significant step towards enhancing its sustainable finance franchise, leveraging her extensive experience in both traditional and sustainable finance.
- In line with its commitment to sustainable finance, Deutsche Bank has been actively participating in environmental-science-related projects, such as financing renewable energy projects in emerging markets and issuing sustainability-linked bonds.
- As science continues to underscore the urgency of addressing climate-change, Deutsche Bank is focused on increasing its sustainable finance and ESG investment volumes, with the aim of reaching €500 billion between 2020 and 2025, ensuring the future viability of its business operations while contributing to a more sustainable environment.
