A former HSBC executive has joined Citi to lead its corporate banking unit in Hong Kong.
Citi has appointed Matthew Hung as head of corporate banking for Hong Kong, according to a statement, effective August 19. He replaces Joy Cheng who was named head of Citi Commercial Bank for Hong Kong in February.
In the role, Hung reports to Kaleem Rizvi, head of corporate bank for Japan, North Asia and Australia as well as Aveline San, Hong Kong and Macau CEO and head of banking. He will also serve as a member of the Hong Kong executive committee.
20-Year Vet
Hung has over 20 years of experience banking Hong Kong and mainland Chinese clients, including multinational companies. He was most recently working at HSBC where he held several roles, including head of corporate coverage for Hong Kong.
«We are delighted to welcome Matthew to Citi and are excited about the experience and energy he will inject to further grow our corporate banking business in Hong Kong,» commented Rizvi. «His track record of working on various strategic advisory and financing transactions for blue chip companies, along with his strong client relationships, will be a great addition to Citi’s leading corporate banking franchise.»
Citi’s corporate banking business network spans 90 markets. In Hong Kong, it serves more than 1,000 clients including over 600 multinationals and the global interests of over 150 Hong Kong local corporates.
