Private Banks

Citi announces Singapore-based Senior Appointments

Citi has reportedly appointed San San Chan as Head of Citigold Private Client (CPC), Asia Pacific and EMEA, and Ashmita Acharya as Head of Retail Banking, Singapore, Citibank.

Chan first joined Citi in 2005, where she was based in New York City as part of the firm’s Cards Global Talent Associate Program, according to her LinkedIn. In her new role, she will reportedly be responsible for driving the execution of regional sales and advisory strategies for the CPC segment, which spans clients with between USD1 – USD10 million, according to an article by Finews Asia.

In her previous role, Chan was Acting Retail Head & Head of Wealth and Segments, having relocated to Singapore in 2007. In this role, she held responsibility for sales, service, products and advisory, spanning the Citigold Private Client, Citigold, Citi Priority, Citibanking client Segments. In addition, she has also served as a Global Wealth Advisor representing Asia, based in Manhattan NY, during her 17 years at the firm.

Chan will report to Fabio Fontainha, Head of Retail Banking, Asia Pacific and EMEA, in her new role, and will contribute to reaching Citi’s 10% increase in wealth management clients and assets target set for 2020.

Ashmita Acharya will reportedly be responsible for supporting Citibank Singapore’s ambitions of doubling its wealth management clients by 2025 in her new role. She is currently Regional Head, Client Segments for Asia Pacific and EMEA, according to her LinkedIn, a role which she has held for nearly 5 years.

Acharya brings nearly two decades of experience to her new position, all of which has been with Citi, having joined the firm in Q3 2002. Her previous titles include Director, Global Consumer Strategy, and Director, Global Segments, a role in which she was based in New York.

In her new role, she will report to Fontainha and Brendan Carney, Head of Consumer Banking, ASEAN and Singapore for Citi.

“Singapore is a strategic growth market for Citi’s consumer banking business and we see a huge opportunity to extend our leadership in the affluent segment,” said Carney, commenting on the appointments.