Citi’s treasury and trade solutions unit has made two senior appointments in Hong Kong.
Citi Treasury and Trade Solutions (TTS) has named Wu Bin as head of trade for Hong Kong and mainland China, according to a statement, reporting to Hong Kong head of TTS Vishal Kapoor.
Wu has spent 18 years with Citi and was previously its head of trade for TTS China.
Core Cash Management
Citi has also appointed Saurabh Mundhra as head of core cash management for Hong Kong who will also report to Kapoor.
Mundhra joined Citi in 2007 as a management associate and was most recently its regional head of payments for the Asia consumer unit.
«The trade business has been a key growth driver for TTS in both Hong Kong and mainland China,» Kapoor said, noting that core cash fee revenues from Hong Kong’s TTS unit grew 15 percent year-on-year in 2021.
