Citi appoints head of Global Subsidiaries Group
Stella Choe has been appointed as the head of Citi’s Global Subsidiaries Group (GSG) for Asia Pacific, replacing Munir Nanji who will be the country officer for Czech Republic and head of Citi’s Central Europe cluster.
Choe would join the GSG Global executive committee and report to Marc Merlino, global head of GSG based in New York, and Kaleem Rizvi, Asia Pacific head of corporate banking.
In a note to GSG employees, Merlino and Rizvi said Choe would bring a wealth of experience to the role, most recently in her role as the head of corporate banking for Australia and New Zealand.
Choe joined Citi in 2014 as head of the financial institutions group, corporate banking, Australia and New Zealand and had worked in HSBC’s regional acquisition finance and funds coverage team for six years prior.
Citi’s GSG business has a presence in 15 markets in the Asia Pacific region, banking the subsidiaries of the bank’s largest multi-national clients.
Prior to HSBC, Choe headed the Europe, Middle East and Africa leveraged and acquisition finance syndication division at Morgan Stanley, structuring and distributing a variety of cross border mergers and acquisitions related financings, leveraged buyouts, restructurings and emerging market transactions. Choe commenced her career in New York originating high yield transactions at JP Morgan.
She had been an active mentor for Women in Banking and Finance and for the American Chamber of Commerce. She was involved with the 30% Club in Australia and regularly speaks on panels and at conferences.
A search for her replacement as head of corporate banking for Citi Australia and NZ was underway.
AUTHOR
Liam Cormican
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
