Citigroup appoints head of international personal bank in Singapore

CITIGROUP has appointed Sharad Mohan as its head of international personal bank in Singapore, the banking group said on Tuesday (May 16).

Mohan, who was most recently head of retail banking for Citi India, will be responsible for the strategic direction and performance of Citi’s offshore wealth management business serving affluent and high-net-worth individuals primarily domiciled across the region, Citi said.

The appointment comes at a time when Singapore has been benefiting from strong inflows from wealthy people amid global economic uncertainty, because of the city-state’s status as a financial safe haven. REUTERS