Citi Names Head of Markets and Securities Services in Hong Kong

Citi has hired from within its own ranks for the appointment of a new Head of Markets and Securities Services for Hong Kong.

David Russell takes up the new position and will report to Patrick Dewilde, Head of Asia Pacific Markets and Securities Services and Weber Lo, Citi Country Officer & Chief Executive Officer for Citi Hong Kong and Macau.

Russell started his career in London and transferred to Hong Kong in 1992. Over the following years he worked in sales and origination roles in both Equities and Fixed Income before joining Citi in 2002.

In his career at Citi, he has managed the Issuer business, Securities Finance, Custody and Funds unit, Prime/Delta1 and Futures.

Part of Hong Kong Management Team

Russell will take up this role in addition to his current position as Asia Pacific Head of Securities Services, in which he will continue and to report globally and regionally.

In this new role, he will be responsible for delivering on Markets & Securities Services (M&SS ) with a priority on growing market share and wallet share across all customer segments.

He will work closely with key stakeholders and his team to further capture and capitalise on opportunities across all M&SS product lines, improve client offerings and continue to strengthen the regulatory framework.

Russell will now be a part of the Hong Kong country management team.