Citi appoints Angel Ng as head of APAC Global Wealth Management

She takes over from co-heads Fabio Fontainha and Steven Lo.

Citi has appointed Angel Ng as head of Asia Pacific Global Wealth Management.

She takes over from Fabio Fontainha and Steven Lo, formerly co-Heads of Global Wealth Management for APAC. Fontainha is now global head of Citigold and Citigold Private Client, leading Citi’s global client strategy across these two key segments; whilst Lo has taken on the role of head of Citi Private Bank for APAC.

In her new role, Ng will manage the bank’s growth strategy across the region, centered around the wealth management hubs in Hong Kong and Singapore. Ng currently serves as Citi CEO for Hong Kong and Macau and will continue to be based in Hong Kong.

Ng will also lead Citi’s personal banking franchises in Hong Kong and Singapore, including retail banking, cards, and loans.

She first joined Citi Hong Kong in 1998 and over the next decade and a half held several leadership positions within the bank across wealth management. Notably, Ng was appointed head of Consumer Banking for Hong Kong in 2015 and has been CEO of Citi’s Hong Kong and Macau franchises since May 2018.

Ng reports to Peter Babej, Asia Pacific CEO, and Jim O’Donnell, CEO of Global Wealth Management.

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