Citi Private Bank has named a new global market head for China based in Singapore, finews.asia has learned.
Lillian Liao joins Citi Private Bank as a managing director and global market head, China, sources told finews.asia, reporting to North Asia head of private banking Rudolf Hitsch.
A spokesperson for the bank declined to comment.
Liao joins from Credit Suisse where she spent nearly 13 years last as a managing director and senior client partner.
Asia Growth
Citi Private Bank continues to bolster senior talent in the region following a reorganization that saw it merge retail, wealth management and private banking into a single unit – Citi Global Wealth (CGW). Citi Private Bank’s APAC head Steven Lo was named as co-head of the CGW unit in the region.
Last month, the American private bank added ex-UBP wealth planner Faye Ong as head of family office advisory, private capital group.
And in May, it appointed 30-year Citi banker Lee Lung Nien as South Asia head of private banking.