Citi Private Bank Hires Global Market Head for China
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Citi Private Bank has named a new global market head for China-based in Singapore.
Lillian Liao joins Citi Private Bank as a managing director and global market head, China, sources said, reporting to North Asia head of private banking Rudolf Hitsch. A spokesperson for the bank declined to comment.
Liao joins from Credit Suisse where she spent nearly 13 years last as a managing director and senior client partner.
Citi Private Bank continues to bolster senior talent in the region following a reorganization that saw it merge retail, wealth management and private banking into a single unit – Citi Global Wealth (CGW). Citi Private Bank’s APAC head Steven Lo was named as co-head of the CGW unit in the region.
Last month, the American private bank added ex-UBP wealth planner Faye Ong as head of the family office advisory, private capital group.
And in May, it appointed 30-year Citi banker Lee Lung Nien as South Asia head of private banking.
Questions & Answers
Q.Who will Lillian Liao report to in her new role at Citi Private Bank?
Who will Lillian Liao report to in her new role at Citi Private Bank?
Lillian Liao will report to Rudolf Hitsch, who is the North Asia head of private banking. She joins Citi Private Bank as a managing director and global market head for China, based in Singapore.
Q.What was Lillian Liao's previous role before joining Citi Private Bank?
What was Lillian Liao's previous role before joining Citi Private Bank?
Lillian Liao joins from Credit Suisse, where she spent almost 13 years. Her last position there was as a managing director and senior client partner before moving to Citi Private Bank.
Q.How is Citi Private Bank restructuring its operations in the region?
How is Citi Private Bank restructuring its operations in the region?
Citi Private Bank is bolstering its senior talent in the region following a reorganisation. This saw the bank merge its retail, wealth management, and private banking services into a single unit called Citi Global Wealth.
Q.Who was appointed to lead the South Asia private banking unit recently?
Who was appointed to lead the South Asia private banking unit recently?
In May, Citi appointed Lee Lung Nien as the South Asia head of private banking. He is a long-serving Citi banker, having been with the company for 30 years before this appointment.
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