Citigroup appoints new Asean head for corporate, investment banking

Singapore

CITIGROUP announced on Friday a newly appointed head for corporate and investment banking (CIB) for the Association of Southeast Asian Nations (Asean).

David Biller, 41, will assume the new role in addition to his current role as head of diversified industrials for the Asia-Pacific. He will take over from Will McLane, who led the Asean CIB franchise for the past five years.

Additional responsibilities for Mr McLane will be announced shortly, Citi said.

According to the financial services company, Mr Biller will take on the role in Singapore immediately and relocate his family in due course this year. He joined Citi in 2000 in the United Kingdom as an associate in investment banking. In 2009, he relocated to Hong Kong and has held several senior positions across the Asia- Pacific franchise. Citi said that Asean CIB country heads will report to Mr Biller besides reporting to Gerry Keefe for corporate banking.

In addition, a new head for investment banking in Singapore has been appointed. Jonathan Quek will helm the new post on top of his current role as co-head of real estate investment banking for the Asia-Pacific.

Mr Quek, 37, joined Citi in 2004. He has driven the Asean real estate franchise since 2011 and the Asia-Pacific real estate franchise since 2014 as an adviser to Citi clients in the region.