January 14, 2025 – Citi has announced the appointment of Jeff Wu as the new Head of Markets Sales for China, effective immediately. Jeff, who has been with Citi since 2010, will relocate to Shanghai as part of his new role. In this capacity, he will be responsible for consolidating Citi’s sales efforts across all Markets products for both Financial Institutions and Corporate Solutions clients, encompassing both onshore and offshore operations in China.
This strategic appointment highlights Citi’s continued commitment to its clients in China and marks an important step in integrating the bank’s offshore and onshore teams. For the first time, the new structure will bring together these teams under Jeff’s leadership, enabling Citi to leverage its collective client relationships and deliver enhanced value to both clients and the firm.
Jeff will report directly to Cecile Gambardella, Head of Sales for Markets in Japan, Asia North and Australia, and Asia South, as well as to Ji Yang, Head of Markets for China.
“We are confident that Jeff’s extensive experience and leadership in the markets space will be instrumental in driving Citi’s growth and reinforcing our presence in China,” said Cecile Gambardella. “This new structure will enable us to better serve our clients, combining our strengths both onshore and offshore.”
Having joined Citi in 2010, Jeff has built a strong track record with the company, and his appointment comes at a critical time as Citi continues to enhance its strategic capabilities and offerings in China’s dynamic and evolving market.
With this appointment, Citi underscores its long-term commitment to China, reinforcing its role as a key player in the global financial markets.
