Citibank names new head of retail banking for Singapore

Citibank Singapore has named Charles Wong its new retail banking head for the Republic, effective immediately.

Mr Wong, who was previously the regional head of Citibanking, Citi@ Work and global banking, will now be responsible for Citibank's retail banking business in Singapore and will have oversight of wealth management, bancassurance, sales and network distribution.

Mr Wong, a Singaporean, has close to two decades of banking experience and a thorough understanding of the business, having held a range of roles in retail banking, bancassurance, credit payment products and marketing across Asia Pacific, Citi said in a statement yesterday.

From 2006 to 2008, Mr Wong was seconded to Citibank in China, where he undertook different roles including head of branch expansion and ATM distribution, Citibusiness director and quality and customer experience director.

He has since been involved in many successful initiatives of the bank, including the recent launch of the new Citi Priority segment across Asia Pacific, which targets the emerging affluent group of customers.

Mr Wong reports to Citibank Singapore chief executive offier Han Kwee Juan and Mr Gonzalo Luchetti, Citi's global head of wealth management and Asia head of retail bank.

Mr Han said: "Charles' broad experience, competencies and strong leadership skills make him the right choice in steering this core business of ours into a new and exciting period of opportunities and evolution. We look to Charles to achieve our ambitious growth agenda."