People Moves

Citibank Singapore Gets A New Chief

Editorial Staff May 20, 2019

Citibank Singapore Gets A New Chief

The new CEO comes in after his predecessor moved to DBS.

Citigroup has appointed Brendan Carney as chief executive of Citibank Singapore, and Asean cluster head of its global consumer banking. Both moves take effect from 16 May, The Straits Times and other media reports said.

Carney replaces former Citibank Singapore CEO, Han Kwee Juan, who has moved to DBS as group head of strategy and planning. Carney will manage the consumer business and be responsible for the leadership of the consumer franchise within the Asean cluster. This cluster comprises Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam, but excludes Citi's International Personal Bank (IPB).

The IPB specialises in offshore investment and wealth management products for high net worth individuals residing outside of Singapore.

In his new role, Carney will report to Gonzalo Luchetti, head of consumer banking for Asia-Pacific and EMEA, and Amol Gupte, Asean head and Citi country officer (CCO) for Singapore.
Prior to this, Carney was most recently the consumer business manager for South Korea, a role he had been in since July 2015.

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