Citi has promoted long-standing executive Lin Hai to head of Citi Commercial Bank (CCB) for China.
In this new role, he has been tasked with overseeing all business and operations for CCB China and will be responsible for driving its strategic market share, operations and financial performance, including fostering key client and regulatory relationships. Hai will report to Gunjan Kalra, head of Citi Commercial Bank for Asia North, Australia & Asia South clusters and Luke Lu, Citi country officer and head of banking for China.
Hai joined Citi more than 20 years ago, starting out as a treasury management associate in 2002. Over the years, he has worked in various roles across Singapore, Taiwan, Hong Kong and mainland China. In his most recent role, he was head of corporate sales and solutions, in Citi Markets, for mainland China and Hong Kong, driving business growth in these geographies and leading various initiatives.
Commenting on the appointment, Lu said Hai brings with him a “wealth of experience” in the banking industry.
“He has a deep understanding and mastery of Citi’s industry-leading capabilities as well as client needs. He is well positioned to lead the team to help our clients take up the growth opportunities,” he added.
Citi describes CCB as an “integral part” of its global strategy and a “key engine” for growth. CCB focuses on delivering Citi’s product suite, including cash and liquidity management, foreign exchange, trade finance, capital markets, and lending solutions among others, to mid-sized corporates looking to build an international footprint.
