The US bank has appointed a new country boss for Singapore and head of ASEAN.

Citigroup has appointed Amol Gupte as Citi country officer for Singapore and head of ASEAN, taking over from Michael Zink, who is leaving the bank. The appointment is subject to regulatory approval. 

Gupte will relocate to Singapore. He will continue to report to Francisco Aristeguieta and participate in the Asia-Pacific operating committee. He will oversee all the bank's businesses and franchise operations in Singapore, and will be responsible for maintaining regulatory and governance standards. Gupte will also lead the bank’s ASEAN cluster.   

A 27–year Citi veteran, Gupte has been head of trade and treasury solutions for Asia-Pacific since 2012. Previously, he served in a number of senior TTS roles in North America, EMEA and Asia. He started his career with Citi in the consumer bank in India with roles in sales, product management and treasury.

The bank is looking for a successor to fill Gupte’s former role.

As part of the transition, Patrick Dewilde, Asia-Pacific head of markets and securities services, in addition to his current role, is serving as interim CCO for Singapore. 

The US bank last week appointed long-serving senior manager Christine Lam as country officer for China, effective June 2016. Lam will oversee all of Citi’s businesses and franchise operations in China and be responsible for its regulatory and governance standards. She will report to Aristeguieta, chief executive of Citi Asia-Pacific. In the role, Lam succeeds Andrew Au, who is retiring from Citigroup on 1 June. Lam is a 33-year Citigroup veteran, whose previous role was head of operations and technology for Asia-Pacific. Citigroup has located many global operations and technology functions to the region including O&T centres of excellence in China, India, Malaysia, Philippines and Singapore.