Citi Appoints Senior China Corporate Banker

Apr 9, 2021Updated Jun 4, 20251 min read

Citi appoints a senior corporate banker for China, amid growing expansion in the mainland market.

Luke Lu has been named head of corporates coverage for China, reporting to Citibank China CEO Christine Lam and APAC head of corporate banking Kaleem Rizvi.

A spokesperson for the bank confirmed the new appointment.

Lu has 20 years of banking experience and was most recently head of Citi Commercial Bank in China after rejoining the American lender in 2019. Previously, he was with MUFG Bank China where he was the head of its global corporate bank for two years.

Lu’s appointment occurs in the midst of increasing growth at Citi’s corporate banking unit in China.

According to the note, Citi is serving an increasing number of companies in the mainland market and last year alone, it raised over $30 billion for Chinese clients in global capital markets across debt and equity.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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