Two former markets executives from J.P. Morgan have joined US rival Citi in Asia.

Citi has appointed Anand Goyal as head of FX institutional sales for Japan, Asia North & Australia and Asia South clusters, according to a statement. Based in Singapore, he will report to Cécile Gambardella, head of sales for markets for Japan, Asia North and Australia clusters and Sam Hewson, global head of FX sales.

In the role, Goyal will work closely with Citi’s rates business and be responsible for developing Citi’s distribution efforts for financial institutions clients in FX. He will also partner with Citi’s banking, services, and wealth businesses.

Goyal joins from J.P. Morgan where he has been working since 2004, most recently as its head of macroX and real money sales for Asia Pacific.

Malaysia Markets Unit

In addition, Citi also appointed Hooi Wan Ng as head of markets for Malaysia, reporting to Sue Lee, head of markets for the Asia South cluster and Vikram Singh, Citi country officer and banking head for Malaysia.

Ng has over 24 years of financial services experience in Malaysia, most recently as head of local corporate sales and private side sales at J.P. Morgan. Previously, he also worked at Bank of Tokyo-Mitsubishi, Southern Bank Berhad and Standard Chartered Bank.