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Citi appoints Damien Tan as head of corporate bank for Singapore

Ashley Lo
Ashley Lo • 2 min read
Citi appoints Damien Tan as head of corporate bank for Singapore
Damien Tan, the newly appointed head of corporate bank for Singapore. Photo: CNBC
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Citi has appointed Damien Tan as head of corporate bank for Singapore. Tan was appointed to the role on May 1. 

His new role focuses on driving the business performance and strategy for Citi’s corporate banking business in Singapore and taking charge of the bank’s coverage of top tier local corporates, public sector, financial institutions and multinational clients in the country. 

With this new appointment, Tan reports to K. Balasubramanian, Head of Corporate Bank for Asia South and Tibor Pandi, Citi country officer and head of banking for Singapore. Tan will also serve as a member of the Singapore Management Committee.

Tan comes with over 20 years of banking experience. He began his career at Citi, joining the bank in 2003 as a management associate with the corporate and investment bank department, and has held numerous positions across the bank. This includes being an investment product manager at Citi Singapore’s offshore banking business, international personal bank.

Prior to his latest appointment, Tan was the head of local corporates for Singapore where he was responsible for closing several landmark deals for Citi in Singapore.

“Our clients appreciate the breadth and depth of Citi’s products and solutions and the unique strength of our global network. I am confident that Damien will continue to deliver the best for our clients, leveraging the full power of Citi to address our clients’ evolving needs,” says Balasubramanian.

See also: Jardine Cycle & Carriage appoints new chairman who is currently group managing director of Jardine Matheson Holdings

“I am proud that Damien has grown with us, starting his career at Citi with the Management Associate program, and has risen to the opportunity to head up our corporate banking business in Singapore to drive its strategy and growth,” Pandi adds. 

 

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