People Moves
Citigroup Names New China Country Officer, Banking Head
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With a career of three decades and experience at banks such as Credit Agricole and JP Morgan and HSBC, the new China head takes up his position in July.
Citigroup has
appointed Wenjie Zhang as country officer and banking head for
China, and president and executive director for Citibank (China)
Co, subject to regulatory approvals.
He is replacing Aveline San (who is and will remain Hong Kong CCO
and Banking Head )who was interim for China after Luke Lu
resigned for personal reasons late last year, a spokesperson for
Citigroup told this news service when asked about the matter.
Zhang will be the lead representative for the US bank and its
face for the mainland China market, it said in a statement
yesterday.
Prior to this appointment, Zhang – who is based in Shanghai – was
the president of China and Shanghai branch manager for Bank of
America China. He was also co-head of global banking and
executive vice president of HSBC China, after working at JP
Morgan, Citigroup, and Credit Agricole CIB.
In his new post, Zhang, who will be joining Citigroup in
July, will report to Marc Luet, Citigroup’s head of Japan, Asia
North and Australia and Banking.
With a 30-year financial sector career under his belt, Zhang
started in Sinochem Group in the finance and treasury function.
He holds a master of business administration from York
University’s Schulich School of Business and a bachelor’s degree
in economics from the University of International Business and
Economics in Beijing, China.