People Moves

Citigroup Targets Private Banking Growth By Leveraging Institutional Network In Asia

Tom Burroughes Group Editor 16 December 2016

Citigroup Targets Private Banking Growth By Leveraging Institutional Network In Asia

The US banking group named a senior manager to an Asia-Pacific role that involves bringing the private banking, corporate and investment banking segments closer together.

Citigroup has appointed one of its most senior managers, Kevin Lam, as Asia-Pacific business development head between the US lender’s private bank and its corporate and investment bank, in addition to his existing role as COO of Hong Kong corporate and investment banking. 

In this new role, Lam will further strengthen partnership between the private bank and corporate, investment banking arms across the region. He will report to Mark Slaughter, head of corporate and investment banking Asia-Pacific and Bassam Salem, the private bank’s CEO for Asia-Pacific.

“Citi banks over one third of the region’s billionaires and a priority is to ensure they are using Citi’s products across our Institutional platform, like our corporate and investment bank clients. Kevin’s background and experience make him ideally placed to lead this important growth area for Citi’s corporate and investment bank in Asia-Pacific,” Slaughter said. 

Lam joined Citigroup in 2001, working in Hong Kong and New York in various roles in corporate and investment banking, treasury and trade solutions and the private bank. Kevin was appointed to the role of CCO of Hong Kong corporate and investment banking role in January 2012.


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