Citi has released more details about its new global market manager hire.
Former Credit Suisse managing director Lillian Liao, the hire of which finews.asia earlier reported, will be joining Citi in the new Singapore-based role later this month to manage a team of private bankers catering to the needs of Chinese entrepreneurs in Singapore, the bank confirmed on Tuesday.
In a statement, Citi noted that China’s economic growth in recent decades has nurtured many outstanding entrepreneurs who are successfully exporting their products, services and ideas globally, and many are attracted to the advanced regulatory and familiar cultural environment in Singapore.
The bank said these entrepreneurs will need banking partners who can provide them with tailor-made offerings to facilitate their investing, financing, strategic advisory, estate planning and banking needs.
Wealth Management Expertise
She brings more than two decades of wealth management industry experience, and was most recently a senior client partner serving clients from China at Credit Suisse, which she joined in 2008, following stints at HSBC and UBS.
She will report to Rudolf Hitsch, Citi Private Bank North Asia head and Lee Lung-Nien, Citi Private Bank chairman and South Asia head.
