Saturday, 27 April 2024

Citi announces Amol Gupte as Singapore CCO and ASEAN head

5 min read

Citi announced today the appointment of Amol Gupte as Citi Country Officer (CCO) for Singapore and Head of ASEAN, pending regulatory approval. In this role, Gupte will oversee all of Citi Singapore’s businesses and operations, and be responsible for the leadership of Citi’s ASEAN cluster of markets. Gupte will relocate from Hong Kong to Singapore and continue to report to Asia Pacific CEO, Francisco Aristeguieta. He succeeds Michael Zink who is retiring after 28 years at Citi. Pending Gupte’s regulatory approval as Singapore CCO, Patrick Dewilde, Singapore based Head of Asia Pacific Markets and Securities Services, will serve as interim Singapore CCO.

A 27-year Citi veteran, Gupte was previously Regional Head of Treasury and Trade Solutions in Asia Pacific, which provides integrated cash management and trade finance services to multinational corporations, financial institutions and public sector organizations in Asia and across the globe in the over 100 countries Citi operates in. Previously Gupte served in a number of senior TTS roles in North America, EMEA and Asia. He started his career with Citi in the Consumer Bank in India with roles in Sales, Product Management and Treasury.

He has a wealth of experience in both emerging and developed markets, as well as in consumer and transaction banking businesses in Europe, Middle East and Africa, Asia and North America.

Asia Pacific CEO, Francisco Aristeguieta, said: “Amol’s international experience in building and managing key businesses will be vital to our ongoing commitment to our clients in Singapore and throughout ASEAN. Singapore and the wider ASEAN market is a strategic priority for Citi, where we have built one of our largest and most diversified businesses, which is well positioned for future growth.

“As CCO, Gupte will be the main regulatory representative for Citi in Singapore and responsible for all businesses. This includes developing and implementing the business strategy in Singapore and fostering successful client relationships at all levels of the organisation, managing risk and controls, and protecting and enhancing Citi’s reputation in Singapore.

Re-disseminated by The Asian Banker

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