Citi promotes Aveline San to head of Hong Kong and Macau

Citigroup has appointed Aveline San to lead its operations in Hong Kong and Macau as the US bank drives growth in its wealth management business in the region.

As CEO of Hong Kong and Macau, San’s responsibilities include fostering key client and regulatory relationships, Citi said in a statement on Aug. 16.

“Hong Kong is a key growth market and regional hub for Citi,” Tim Monger, Citi’s head of the North and East Asia cluster, said in the statement. “As we continue to grow our wealth management business and institutional clients in Hong Kong and the Greater Bay Area,” San’s deep understanding of the region’s operating environment makes her the ideal leader, he to say.

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San joined the bank in April 2019 and previously worked in senior management positions at UBS for 14 years.

Will report to Monger. San’s predecessor, Angel Ng, was recently appointed head of Asia at Citi Global Wealth.

Write to Clarence Leong at clarence.leong@wsj.com

This article was published by Dow Jones Newswires, a service of the Dow Jones Group

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!