Former Citibank Singapore retail banking head due to join Grab-Singtel entity

FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity that is bidding for a digital full bank in Singapore, BT understands.

It is understood that Mr Wong, a veteran banker in the retail banking space, is likely to play a key role in the digital full bank, if the Grab-Singtel consortium secures the licence.

Mr Wong had resigned from the US bank in February after more than 20 years at Citibank, where he spent nearly five years in his last role as head of retail banking at Citibank Singapore. He was credited for bringing about a strong turnaround of the business, leading the unit to deliver consistent double-digit growth.