RETAIL BANKING | Staff Reporter, Singapore

Citi names Sujoy Ghosh as regional head of insurance Asia Pacific

He joins Citi with oversight of the bank’s consumer banking insurance business.

Citi appoints Sujoy Ghosh as regional head of insurance Asia Pacific and EMEA, within Citi’s consumer banking business, reporting to Gonzalo Luchetti, head of Asia Pacific and EMEA retail banking. Sujoy will start with Citi in February.

He will oversee the bank’s overall insurance business in the Asia Pacific and EMEA regions including responsibility for all sales, products, marketing and distribution – including both physical and digital, and work closely with Citi’s cards and loans team to develop and grow the bank’s insurance business. In this role, Sujoy will lead Citi’s long-term strategic relationship with AIA, Asia’s leading bancassurance agreement that was signed in December 2013 and has since been rolled out across Asia Pacific.

Prior to joining Citi, Sujoy was the regional head of bancassurance for Allianz in Asia Pacific responsible for setting up and managing all commercial and strategic partnerships across Life and General Insurance across Asia Pacific. At Allianz, Sujoy was credited with building insurance propositions for successful, value-driven partnerships, across both traditional channels like bancassurance, as well as alliances with leading new-age consumer platforms.

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