Tuesday, 16 July 2024
Citi poaches HSBC senior banker to lead Hong Kong corporate bank
Citi announced the appointment of Matthew Hung as head of corporate banking for Hong Kong, effective 19 August 2024.
He replaces Joy Cheng who was appointed as head of Citi Commercial Bank for Hong Kong in February. In his new role, Hung will drive the business performance and strategy for Citi’s corporate banking business in Hong Kong including top tier local corporates, public sector organisations, financial institutions and multinational clients in the market. He will report to Kaleem Rizvi, head of corporate bank for Japan, North Asia and Australia; and Aveline San, Hong Kong and Macau CEO and head of banking, and serve as a member of the Hong Kong executive committee.
Hung brings over 20 years of experience banking Hong Kong and Mainland Chinese clients including multinational companies. He joins Citi from HSBC where he held several senior roles, including head of corporate coverage for Hong Kong.
Citi’s Corporate Bank serves as the conduit of Citi’s full product suite to clients through holistically managed relationships across our unparalleled global network. Our network which is spread over 90 markets supports the global growth and expansion ambitions of our corporate clients. In Hong Kong, the bank serves more than 1,000 clients, including over 600 multinationals and the global interests of over 150 Hong Kong local corporates.
Rizvi said: “We are delighted to welcome Matthew to Citi and are excited about the experience and energy he will inject to further grow our corporate banking business in Hong Kong. His track record of working on various strategic advisory and financing transactions for blue chip companies, along with his strong client relationships, will be a great addition to Citi’s leading corporate banking franchise.”
Re-disseminated by The Asian Banker
