SINGAPORE - Citi has named Amol Gupte as its new country officer for Singapore and the head of Asean, pending regulatory approval.

He replaces Mr Michael Zink, who retired earlier this year after 28 years at Citi.

Mr Gupte will oversee all of Citi Singapore's businesses and operations, and be responsible for the leadership of Citi's Asean cluster of markets.

He will relocate from Hong Kong to Singapore and continue to report to Asia Pacific chief executive Francisco Aristeguieta.

A 27-year Citi veteran, Mr Gupte was previously the regional head of treasury and trade solutions (TTS) in Asia Pacific.

Before that he had served in a number of senior TTS roles in North America, Emea (Europe, the Middle East and Africa) and Asia. He started his career with Citi in the consumer bank in India with roles in sales, product management and treasury.

Mr 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. "