Chia Seok Hoon rejoins Citi as Singapore international subsidiaries group head


SINGAPORE (THE BUSINESS TIMES) – Veteran company banker Chia Seok Hoon has rejoined Citi Singapore to guide its international subsidiaries group, the most recent in a sequence of the financial institution’s latest appointments which noticed Singaporeans named to its prime government roles.

Ms Chia began her new position on Dec 21, taking up from Gilbert Ng, who was appointed Citi Singapore’s head of built-in company financial institution in July. In her new position, Ms Chia studies to Mr Ng and Mr Munir Nanji, international subsidiaries group head for Asia Pacific and Central Europe cluster head.

Citi’s international subsidiaries group serves the monetary wants of top-tier multinational purchasers of the financial institution’s subsidiaries world wide. These embrace Fortune 500 firms which function subsidiaries outdoors of their dwelling international locations.

Ms Chia was most not too long ago staff head at HSBC’s worldwide subsidiary banking group, the place she led a staff of bankers to assist locals and regional multinationals primarily based in Singapore. Her stint at HSBC began in July 2015.

Prior to that, she was a company banker at Citi, managing a portfolio of huge Singapore-headquartered firms throughout totally different industries. She joined Citi recent out of college in 2004 as a administration affiliate.

Commenting on Ms Chia’s appointment, Mr Ng mentioned she has rejoined the financial institution at a “critical time” to assist its purchasers of their journey in the direction of environmental sustainability and as they proceed utilizing Singapore as a base to faucet Asia’s development.

Among the Singaporeans who took on senior roles at Citi are Money Okay, who’s now international head of world consumer service, one of many lender’s personal banking arm’s fastest-growing companies, in addition to Jonathan Quek, who in October was appointed co-head of banking, capital markets and advisory in Asean.

Earlier in July, Citi additionally introduced that it had appointed 5 Singaporeans to senior roles in numerous enterprise teams throughout Asia, together with Chan San San as personal banking excessive internet price head for Asia Pacific, Kelvin Goh as Asia Pacific head of economic establishments group for funding banking, Toh Jian Xun as co-head of expertise, media and telecom for the Asia company financial institution, Mr Ng as Singapore head of built-in company financial institution, and Gary Chan as head of built-in company financial institution in Taiwan.

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