U.S. banking group Citi has appointed of new Country Officer for Singapore and Head of ASEAN. He is an almost 30 year Citi veteran.  

Amol Gupte will will relocate from Hong Kong to Singapore to take up the new role. He will continue to report to Asia Pacific CEO, Francisco Aristeguieta, Citi said in a press release.

As Citi Country Officer (CCO) Gupte will be the main regulatory representative for Citi in Singapore and responsible for all businesses. This includes developing and implementing the business strategy in Singapore and fostering successful client relationships at all levels of the organisation, managing risk and controls, and protecting and enhancing Citi’s reputation in Singapore.

Interim Head

Gupte succeeds Michael Zink who is retiring after 28 years at Citi. Pending Gupte’s regulatory approval as Singapore CCO, Patrick Dewilde, Singapore based Head of Asia Pacific Markets and Securities Services, will serve as interim Singapore CCO.

Gupte was previously Regional Head of Treasury and Trade Solutions (TTS) in Asia Pacific, and served in a number of senior TTS roles in North America, EMEA and Asia. He started his career with Citi in the Consumer Bank in India with roles in Sales, Product Management and Treasury.

ASEAN a Priority

«Amol Gupte’s international experience in building and managing key businesses will be vital to our ongoing commitment to our clients in Singapore and throughout ASEAN. Singapore and the wider ASEAN market is a strategic priority for Citi, where we have built one of our largest and most diversified businesses, which is well positioned for future growth,» said Aristeguieta.