People Moves
Who’s Moving Where In Wealth Management? – Citibank Indonesia
The latest wealth management senior moves, appointments and changes in personnel in the Asia-Pacific region.
Citibank Indonesia
Citibank
Indonesia has appointed Edwin Pribadi (pictured) as head of
Citi Commercial Bank (CCB) for Indonesia, starting in May.
Pribadi, who will oversee Citi’s CCB business and operations in Indonesia, will be responsible for managing business strategy and financial performance, including deepening client relationships, the firm said in a statement.
Given Citigroup's integrated business model, the corporate banking side of the lender typically works closely with the private banking arm, given how many high net worth and ultra-HNW clients own operating companies.
CCB helps to drive Citi’s growth, delivering a range of products; including cash and liquidity management, foreign exchange, trade finance, capital markets and lending solutions, among others, to mid-sized corporates that are either global or considering building an international footprint.
“Indonesia remains an important market to Citi given its prominence within Southeast Asia and its strategic ties with other countries in the region,” Gunjan Kalra, head of Citi Commercial Bank for Asia North, Australia & Asia South, said. “We’re witnessing the emergence of numerous mid-sized companies in Indonesia, having the vision to expand their presence regionally and even globally.”
Citi has made a number of appointments in the region, most recently Joy Cheng as head of CCB for Hong Kong. See more commentary here.