Sunday, 14 April 2024

Citi appoints Joy Cheng as head of Citi Commercial Bank for Hong Kong

5 min read

Citi announced the appointment of Joy Cheng as head of Citi Commercial Bank (CCB) for Hong Kong, effective 1 February 2024. She succeeds Anson Kwok who retired on 1 January 2024.

In this role, Cheng has oversight of the CCB business and operations in Hong Kong and is responsible for driving the business’ growth as well as financial performance. She reports to Gunjan Kalra, head of Citi Commercial Bank for Asia North, Australia and Asia South clusters, and Aveline San, CEO and head of banking for Citi Hong Kong and Macau.

Cheng brings over 30 years of experience in the banking industry across different roles. She began her career as a management associate at Citi and has held several senior roles in corporate banking. She was most recently head of corporate banking for Hong Kong, a position she has held since 2019, where she was responsible for managing top-tier institutional clients, including corporates, public sector organisations, financial institutions, and local subsidiaries of multinational companies. In the past, she held other senior roles including head of financial institutions for Hong Kong and head of Asia Pacific multinational coverage for the financial institutions group.

Kalra said: “Hong Kong is one of the largest markets by flow revenue for Citi Commercial Bank globally. We have gained considerable market share in Hong Kong over the past few years, working closely with mid-sized corporates in the healthcare, technology, industrials, consumer and retail, and services sectors. I am confident that under Joy’s leadership our business will thrive. Joy’s track record, experience and focus on client connectivity will be instrumental in taking us to the next stages of success in our Hong Kong business.”

Re-disseminated by The Asian Banker

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