Citigroup Inc (NYSE:C) has made a new senior appointment in its Asia-Pacific (APAC) unit, tapping Kevin Lam as its newest Business Development Head in the region, according to a recent Reuters report.
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In his new role Mr. Lam will be reporting to the lenders’ Head of Corporate and Investment banking – APAC, Mark Slaughter, as well as Bassam Salem, Citigroup’s Private Bank CEO – APAC.
He originally began at Citigroup as the Chief Operating Officer (COO) of Hong Kong Corporate and Investment Banking in 2012, having since remained in the role for the past four years – despite the promotion, he will retain all responsibilities associated with his COO position.
In addition, Mr. Lam also is an acting member of Citigroup’s Hong Kong Executive Committee and holds a chairmanship on the Travel Industry Compensation Fund Management Board, another Hong Kong entity.
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