Utrecht, the Netherlands – 21 September 2026: PCAF’s Board of Directors has expanded the breadth and depth of expertise with the appointment of Neil Atkinson, Head of Sustainability for Riyad Bank in Saudi Arabia, José Luis Muñoz, CSO for Banorte in Mexico, and Dafina Nonkulovska, CFO Lead for Sustainability at Rabobank in the Netherlands.
The appointments were made following a rigorous process in which PCAF signatories were invited to apply in early 2026. Through this process, PCAF sought to build on the Board’s strong leadership foundation and position it for continued success. As a truly global initiative, PCAF’s leadership should reflect the diversity of its signatory community. With newly appointed Board members bringing perspectives from the Middle East and North Africa (MENA), Latin America and the Caribbean, and Europe, including Eastern Europe, these appointments further strengthen global representation across PCAF's leadership, reinforcing a principle that is central to the organization's identity.
“We are delighted to welcome Neil, José Luis, and Dafina and look forward to the valuable perspectives they bring from MENA, Latin America and the Caribbean, and Europe. As PCAF continues to grow as a global community, it is essential that our leadership reflects the diversity of the financial institutions we serve. This diversity strengthens our collective expertise, enriches our work, and helps us advance our mission. Building on PCAF’s strong foundation, I am confident that we will deepen collaboration and continue advancing practical implementation of measurement and disclosure practices across the financial sector.”
Angélica Afanador, CEO of PCAF
Meet the New Directors:
Neil Atkinson
Head of ESG & Sustainability, Riyad Bank
Neil leads Riyad Bank’s sustainability strategy, sustainable and transition finance, ESG reporting and disclosure, and corporate social responsibility efforts. Since joining Riyad Bank in 2023, Neil has built the sustainability function and led its engagement with PCAF. Neil brings international banking experience and a MENA perspective to the PCAF Board, with a focus on helping financial institutions use data on emissions associated with financial activities to inform lending, portfolio management, and client engagement to support clients’ transition and emissions reductions.
“It is a privilege to join the PCAF Board and to learn from and contribute to a global community that has established a common language for measuring and reporting emissions associated with financial activities. I am particularly excited to bring a MENA perspective and help ensure that PCAF’s methodologies combine global consistency with practical application across markets navigating different transition pathways.” – Neil Atkinson
José Luis Muñoz
Chief Sustainability Officer, Grupo Financiero Banorte
José Luis leads Grupo Financiero Banorte’s sustainability strategy, including the sustainable finance, decarbonization initiatives, financial inclusion, and sustainability reporting. Under his leadership, Banorte became the first financial group to report under the TNFD framework and has continued to advance its sustainable finance and climate-related initiatives. With more than 20 years of experience in the financial sector, José Luis currently serves as a member of the UNEP FI Banking Board and is also a Taskforce Member of TNFD. He brings extensive sustainability leadership experience and a valuable Latin American perspective to the PCAF board.
“I am truly honored and excited to join the PCAF Board and work alongside such an experienced and dedicated group of professionals who are committed to advancing sustainability well beyond their own organizations. PCAF has set the gold standard for measuring and reporting emissions associated with financial activities, and I look forward to working with the Board to help drive the global collaboration that decarbonization demands.” – José Luis Muñoz
Dafina Nonkulovska
CFO Lead for Sustainability, Rabobank
Dafina is a financial professional with extensive experience working across Europe and Africa. In her current role, Dafina advises the management teams of Rabobank to assess, evaluate and meet the bank's sustainability commitments, policies and regulatory requirements, especially related to climate and nature impact. Dafina ensures sustainability impact is integrated into Rabobank's planning and control cycle, incorporated in strategic decision-making, and monitored in transparent disclosure for internal and external stakeholders. Dafina’s work with PCAF has centered around striving to embed climate accounting and elevate strategic decision making.
“What excites me most about joining the PCAF Board is the opportunity to help shape a more transparent and informed approach to climate action within the financial sector. Through my work leading sustainability within Rabobank’s CFO domain, I see the importance of translating ambition into measurable outcomes and informed decisions. I look forward to contributing a broad European perspective and working with fellow Board members to strengthen PCAF’s global impact and support the transition to a more sustainable economy.” – Dafina Nonkulovska
About the Partnership for Carbon Accounting Financials
The Partnership for Carbon Accounting Financials was launched globally in September 2019. Currently, more than 785 financial institutions have subscribed to the PCAF initiative. PCAF signatories work together to jointly develop the Global GHG Accounting and Reporting Standard for the Financial Industry to measure and disclose the greenhouse gas emissions associated with their financial activities. By doing so, PCAF signatories take an important step to subsequently assess climate-related risks, set climate targets, and develop effective strategies to decarbonize their portfolios.
Media Inquiries
Addie Fairley
Strategic Communications Lead, PCAF Secretariat
E: info@carbonaccountingfinancials.com
