Citigroup’s Keefe named HK-based Asia-Pacific corporate banking head

Visual of Citigroup website. October 2015.

Citigroup Inc. said it named Gerald Keefe as its Hong Kong-based head of corporate banking for the Asia-Pacific region, a newly created role.

Keefe, currently head of corporate banking for Japan, will take on responsibilities for Citigroup bankers in the region dealing with companies, financial institutions and public-sector entities, according to a press release. Agnes Liew, another senior corporate banker, has been appointed the region’s vice chairman of corporate banking. Both will commence their new roles in the second quarter, the release said.

Citigroup is aiming to grow revenues from corporate banking as some European banks reduce their presence in Asia. The U.S. bank’s unit offers services in foreign exchange, trade finance, capital markets, structured products and loan clearing.

Keefe will report to Mark Slaughter, head of Asia-Pacific corporate and investment banking, and Michael Roberts, Citigroup’s global head of corporate banking. He joined Citigroup in 2006, became a managing director in 2009, and was named head of banking and origination for the securitized products business in the U.S. the following year. In 2014, he was appointed to his current role.

Liew will act as a senior adviser on corporate banking, Citigroup said. She has spent 33 years with the bank and has held various roles including head of corporate banking for Singapore and risk manager for Taiwan and the Association of Southeast Asian Nations, before taking her current role as corporate banking head for Asia Pacific. Keefe’s new role will have wider responsibilities than Liew’s current job.

Citigroup said it will appoint a replacement for Keefe as head of corporate banking for Japan in due course.

Also read:

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Bloomberg

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.