Citi Commercial Bank appoints Joy Cheng as head for Hong Kong

Joy Cheng Citi

Citi has named Joy Cheng as the head of Citi Commercial Bank (CCB) for Hong Kong, effective 1 February 2024 and succeeding Anson Kwok who retired on 1 January 2024.

In her new role, Cheng will have oversight of the CCB business and operations in Hong Kong and has been tasked with driving the business’ growth as well as financial performance. She reports to Gunjan Kalra, head of Citi Commercial Bank for Asia North, Australia & Asia South clusters, and Aveline San, CEO and head of banking for Citi Hong Kong & Macau.

Cheng brings more than three decades of banking industry experience to her new role. She began her career as a management associate at Citi and went on to hold several senior roles in corporate banking.

Most recently, she was head of corporate banking for Hong Kong, a position she has held since 2019, where she was responsible for managing top-tier institutional clients, including corporates, public sector organizations, financial institutions and local subsidiaries of multinational companies. In the past, she held other senior roles including head of financial institutions for Hong Kong and head of Asia Pacific multinational coverage for the financial institutions group.

Commenting on the appointment, Kalra said: “Hong Kong is one of the largest markets by flow revenue for Citi Commercial Bank globally. We have gained considerable market share in Hong Kong over the past few years, working closely with mid-sized corporates in the healthcare, technology, industrials, consumer and retail and services sectors.

“Joy’s track record, experience and focus on client connectivity will be instrumental in taking us to the next stages of success in our Hong Kong business.”

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