WHOLESALE BANKING | Staff Reporter, Singapore

Citi appoints Munir Nanji as global subsidiaries group head for Asia Pacific

He will be based in Singapore.

Citi has appointed Munir Nanji as Global Subsidiaries Group (GSG) Head for Asia Pacific, effective immediately. In this role, Munir will lead one of Citi’s most important client segments in one of the most important and high growth markets in the world. Munir will be based in Singapore and will report to Gerald Keefe, Head of Corporate Banking Asia Pacific and Marc Merlino, Global Head of GSG.

The GSG business supports the subsidiaries of Citi’s multinational clients around the world across institutional banking. In Asia Citi banks over 90% of the Fortune 500 including Asia’s corporate champions. Intra-Asia flows are increasing in relevance as global and regional clients of Citi continue to expand their footprint across Asia’s growing trade corridors, which are among some of the fastest trade routes in the world.

Citi is well placed to capture opportunities around these intra-Asia flows with a network across the region that is connected to the bank’s operations in over 100 countries.

“As more of our clients look to Asia for growth opportunities they want ideas and solutions on how they can best operate and invest further in Asia. Equally, we remain focused on enabling our global MNC clients' businesses in Asia as we have been since 1902. This region is a growth engine for many of our clients who are increasingly looking to Citi to help them expand with our industry leading Asian network and unmatched product capabilities. Munir will lead a team that is second to none and I look forward to him growing this franchise further,” said Gerald Keefe, Managing Director and Head of Corporate Banking, Asia Pacific.

“We are excited to have a banker of Munir's caliber, with his broad background and strong skillset, in such an important leadership role," said Marc Merlino, Managing Director and Global Head of GSG.

Munir brings 25 years of international banking experience to the role, holding leadership positions globally in corporate banking, product management, relationship, risk management and board member roles. He joined Citi as a Management Associate in Kenya in 1992, and has worked in Nigeria, Poland, Italy, Romania and the UK, prior to his current role in Hong Kong as the Regional Sales and Marketing Head for Treasury and Trade Solutions (TTS) for Asia Pacific.

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