Guneet Banga

Guneet Banga is Co-Founder and Managing Partner of the Parinama Group, an Indian entity focused on climate change tech development, ecosystem building and strategic advisory. Parinama aims to bring to market high-ESG impact climate technologies utilising India’s intrinsic strengths, and then scale and syndicate solutions to other developing countries. Parinama will play a central role in establishing and expanding the Indian Climate Impact Investing Tech Ecosystem announced late last year at CITIS. Separately, Mr Banga has been an Executive Director of The Caravel Group, a global maritime, commodities and asset management conglomerate, since its inception in 2012. Through this role he has focused on increasing the Group’s involvement in sustainability, climate change and impact investing. He runs Caravel Sustainable Investments, which invests in public and private markets through equities, ETFs, thematic baskets, and fixed income via green and blue bond baskets and single issuer instruments. Prior to his time at The Caravel Group with his family, Guneet was a Vice President in the Capital Markets Origination division with Citi, where he was responsible for primary equity and equity-linked origination and execution from India, South Korea and Southeast Asian markets. Driven to raise awareness and support practical actions to address sustainability issues, Mr Banga is an active public speaker and serves on the Board of the Sustainable Finance Initiative in Hong Kong and numerous working groups within the Global Impact Investing Network and the Indian Impact Investing Council. He is a World Economic Forum Impact Circle member and thrives in engaging with fellow corporate leaders and philanthropists as part of the collective call for action on climate change and the environment. Mr Banga also devotes his time as a Board member for the Zubin Foundation, a Hong Kong-based think tank and charity committed to improving the lives of Hong Kong’s ethnic minority community. Mr Banga has an MBA in Finance and Strategic Management from the Wharton School at the University of Pennsylvania. He also has an AB in Economics and Certificate in East Asian Studies and Finance from Princeton University, where he is a member of its President’s Circle giving society. In terms of sustainability credentials, Mr Banga holds GRI and PRI professional sustainability certifications and has completed the ESG Specialization Program from the Corporate Finance Initiative. He has received numerous certifications in ESG, impact investing and sustainability from Cambridge, Harvard and other leading universities.