• Published on 14 March 2024
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Citi appoints new head of Citi Commercial Bank for China

Citi has appointed Lin Hai as the head of Citi Commercial Bank (CCB) for China, tasked with overseeing all business operations and driving strategic growth and financial performance, including fostering key client and regulatory relationships.

Hai reports to Gunjan Kalra, head of CCB for Asia North, Australia and Asia South clusters and Luke Lu, Citi country officer and head of banking for China.

CCB is an integral part of Citi’s global strategy and a key engine for growth. It focuses on delivering Citi’s competitive product suite, including cash and liquidity management, foreign exchange, trade finance, capital markets, and lending solutions among others, to mid-sized corporates that are looking to build an international footprint.

Hai joined Citi as a treasury management associate in 2002. Over the past 20 years at Citi, he has worked in various roles within the markets business in Singapore, Taiwan, Hong Kong and mainland China. In his most recent role, he was head of corporate sales and solutions, in markets, for mainland China and Hong Kong, driving business growth in these geographies and leading various initiatives and activities.

Kalra said: “China is a key market for CCB globally. We are dedicated to supporting fast growing emerging corporates with aspirations to expand their business regionally and internationally through our global network and strong knowledge of local markets. I am confident that under Lin Hai’s leadership, our business will continue gaining momentum.”

Re-disseminated by The Asian Banker