People Moves
Who's Moving Where In Wealth Management? – Citigroup, Japan
The latest moves, appointments and personnel changes to the wealth management sector across Asia-Pacific.
Citigroup
Citigroup has
launched a commercial banking arm in Japan, highlighting how the
US banking group is tapping into what appears to be a positive
growth story in the Asian country.
This launch follows the launch of CCB in France and Ireland in 2023, as well as Germany, Switzerland, and Canada in 2022.
The Japanese business is to be led by Yutaka Naito (pictured), who joined the US banking group in 2019.
As many high net worth and ultra-HNW individuals have operating business interests, the private bank of Citigroup retains a close link to the corporate banking side, along with other segments of the US organisation.
