The Network for Greening the Financial System has appointed Olaf Sleijpen, president of De Nederlandsche Bank, to become its chair from 1 July after NGFS Plenary members unanimously approved the appointment on the recommendation of the Steering Committee. He will succeed Sabine Mauderer, first deputy governor of the Deutsche Bundesbank, in a leadership change at the network of central banks and supervisors working on climate- and nature-related financial risks. Sleijpen is also a member of the Governing Council of the European Central Bank, a member of the Systemic Risk Board and a Governor at the International Monetary Fund, and has been a Professor of European Economic Policy at the Maastricht School of Business and Economics since 2007. Mauderer had been part of the NGFS leadership team for four and a half years, including two and a half years as chair after two years as vice chair. The NGFS said that during her tenure the network grew to 152 members and made progress in integrating climate, adaptation and nature considerations into financial risk management.