Citi Appoints Chan San-San as Head of Private Bank HNW APAC, Kelvin Goh as Head of FI Group for Investment Banking
9th July 2021 | Singapore
Citi, one of the world’s largest bank, has made numerous key appointments in Singapore, appointing Chan San-San as Citi Private Bank Head of HNW Asia-Pacific and Kelvin Goh as Citi Head of Financial Institutions Group for Investment Banking. In the Asia region producing the fastest growing companies and wealth, CEOs, entrepreneurs, billionaires, UHNWs and HNWs need access to a wide-range of Wealth Management, Private Banking and Investment Banking services. In June 2021, Citi Private Bank have also announced the hiring of Faye Ong as Citi Private Bank Head of Family Office Advisory for Asia. (UHNW ~ Ultra high net worth, HNW ~ High net worth)
” Citi Appoints Chan San-San as Head of Private Bank HNW APAC, Kelvin Goh as Head of FI Group for Investment Banking “
Chan San-San as Citi Private Bank Head of HNW Asia-Pacific
Chan San-San, in her new role as Citi Private Bank Head of HNW Asia-Pacific, will lead and drive the growth of the High Net Worth segment ($10 million to $25 million). San-San’s responsibilities include leading Citi Private Bank HNW business unit, serving HNW clients’ private banking needs with excellence and implementing a focused strategy (platform product integration and robust client acquisition).
Based in Singapore, Chan San-San will join the Global Private Bank Leadership Team as well as the Citi Global Wealth Asia Management team. San-San had joined Citi in 2003 as a Management Associate in the Global Consumer Bank.
Kelvin Goh, Citi Asia Pacific Head of Financial Institutions Group for Investment Banking
Kelvin Goh will continue as Citi Singapore Head of Corporate Finance for Investment Banking, in addition to his new appointment as Citi Asia-Pacific Head of Financial Institutions Group for Investment Banking.
Based in Singapore, his appointment is effective immediately. Kelvin had joined Citi in 2018 and has over 17 years of experience in Investment Banking.
Citi Recent Key Appointments
- Chan San-San, Citi Private Banking High Net Worth Head for Asia Pacific
- Faye Ong, Citi Private Bank Head of Family Office Advisory for Asia
Kelvin Goh, Citi Asia Pacific Head of Financial Institutions Group for Investment Banking - Gary Chan, Citi Taiwan Head of Integrated Corporate Bank
Gilbert Ng, Citi Singapore Head of Integrated Corporate Bank
Toh Jianxun (JX), Citi Asia Pacific Co-Head of Corporate Bank for Technology, Media and Telecom (TMT) - Serene Gay, Citi Head of Credit Cards & Personal Loans for Citibank
Amol Gupte, Citi ASEAN Head and Country Officer for Singapore:
“We are pleased to announce these appointments which reflect the strong leadership pipeline at Citi in the region. Importantly, the moves signal our commitment to develop local talent, provide opportunities for personal and professional growth across our global network, and offer our people a long-term career in the bank.
I wish Gary, San-San, Kelvin, Gilbert and JX the very best in their new roles and I am confident that they will lead their respective teams to reach even greater heights.”
Citi Private Bank, Citi Global Wealth
Over the last 1 year, Citi has been making numerous key changes. In March 2021, Citi appointed Jane Fraser as the new CEO and in January 2021, created a single business unit – Citi Global Wealth, to manage all global wealth units, including Citi Private Bank. In June 2020, Citi had also created Citi Private Capital Group to provide institutional service to private investment companies and family offices.
- March 2021 – Appointment of new CEO Jane Fraser
- January 2021 – Citi Global Wealth, merging Citi Private Bank
- June 2020 – Created Citi Private Capital Group
In April 2021, Citi appointed Ida Liu as the new Global Head of Private Banking (Citi Private Bank), with Steven Lo and Fabio Fontainha as the new co-Heads of Citi Global Wealth in Asia-Pacific.
Citi also announced plans to exit 13 markets for Citi’s consumer businesses across Asia, Europe, Middle East and Africa (EMEA) and to focus on 4 key main hubs – London, UAE, Hong Kong and Singapore.
Citi Private Bank
Citi’s Private Bank serves the world’s wealthiest individuals, families and law firms. Citi Private Bank has around $550 billion AUM (Assets under Management), serving more than 13,000 UHNW clients, including 25% of the world’s billionaires and more than 1,400 family offices across 50 cities in over 100 countries.
Citi Private Bank focuses on clients who have an average net worth above $100 million, with clients gaining access to a highly customized experience and a comprehensive range of products and services including investments, banking, lending, custody, wealth planning, real estate, art, aircraft finance and lending, personalized advice, competitive pricing and efficient execution.
Citigold, Citigold Private Client and Citi Priority
Citi Global Consumer Bank, with Citigold, Citigold Private Client and Citi Priority, provides institutional grade, personalized wealth management services to clients, which includes dedicated Wealth teams, fund access and a range of exclusive privileges, preferred pricing and benefits to clients around the globe.
Citi’s Global Consumer Bank has approximately $200 billion in AUM (Assets under Management) globally and serves clients in the United States, Europe, the Middle East, Asia and Mexico.
In Asia-Pacific: Citi CEO APAC Peter Babej
In 2019, Citi appointed Peter Babej, who was Citi’s Global Head of Financial Institution Group, as CEO of Citi Asia-Pacific. In 2019, Citi’s APAC business contributed around 20% of revenue and nearly 1/3 of Citi’s net income.
Citi’s wealth management senior leadership team in Asia-Pacific includes Fabio Fontainha who is the Head of Retail Banking for Asia-Pacific and Europe, Middle East and Africa (EMEA), Steven Lo who is the Regional Head of Citi Private Bank APAC, Lee Lung Nien who is the Chairman of South Asia Citi Private Bank and Chan San San who is Citi Private Bank High Net Worth Head of Asia-Pacific.
Citi APAC Wealth Management Leadership Team
- Peter Babej, CEO of Citi Asia-Pacific
- Fabio Fontainha, Head of Retail Banking for APAC and EMEA
- Steven Lo, Regional Head of Citi Private Bank APAC
- Lee Lung Nien, Chairman of South Asia Citi Private Bank
- Chan San San, Citi Private Bank High Net Worth Head Asia Pacific
Citi:
- Citi Private Bank Appoints Seamus Yin as Global Market Manager China South & West, 10 Years with China Top Entrepreneurs
- HSBC, Citi and Standard Chartered to Add 6,600 Wealth & Private Banking Jobs in Asia
- Citi Appoints Ida Liu as New Global Head of Private Banking, Exit 13 Markets
- Citi Creates Citi Global Wealth to Manage all Global Wealth Units, Including Citi Private Bank
- Citi Gained $20 Billion Net Inflow into APAC Wealth Management Business
- Citi Private Bank Forms Citi Private Capital Group to Provide Institutional Service to Family Offices, Private Funds and Private Companies
List of Private Banks:
- 2020 List of International Private Banks in Hong Kong
- 2020 List of Boutique Private Banks in Hong Kong
- 2020 List of International Private Banks in Singapore
- 2020 List of Boutique Private Banks in Singapore
Related:
- 2020 Top 10 Largest Family Office in the World
- 2020 Top 10 Largest Multi-Family Offices in the World
- Top Research Reports in 2020
- Top Global Wealth Reports in 2020
- Top Family Office Reports in 2020
Citigroup
Founded in 1812, Citigroup is one of the world’s largest bank with more than 200 million customer accounts and around 200,000 employees in more than 160 countries and jurisdictions. It is listed on the New York Stock Exchange (NYSE) and has a market capitalization of $124.2 billion (15/12/20). In 2019, Citigroup reported total revenue of $74.2 billion and net profit of $19.4 billion.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
