Citi has appointed Lee Lung Nien as Citi country officer and banking head for Singapore, becoming the first Singaporean in half a century to hold Citi’s most senior position here.
Lee most recently served as chairman of Citi Private Bank for South Asia from 2020. A 35-year Citi veteran, he was CEO of Citibank Berhad in Malaysia from 2014 to 2020.
Lee succeeds Tibor Pandi, who had spent eight years in Asia and two-and-a-half years as Singapore country officer.
In his new role, Lee will oversee all Citi businesses and operations in Singapore, driving franchise performance, managing key client and regulatory relationships, and ensuring a robust risk and control environment.
He will report to Amol Gupte, Citi’s head of Asia South, joining the Asia South management team on Oct 6.
Gupte says: “A product of Citi's global talent program, Lung brings a wealth of multi-market experience and proven leadership, positioning him ideally to lead the Singapore franchise.”
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DBS Group Holdings’ current group executive and group head of institutional banking Han Kwee Juan was formerly CEO of Citibank Singapore between 2012 and 2019.