Citi has expanded the role of its regional head of corporate finance with greater responsibilities for the Hong Kong investment banking business.

Alex Schrantz has been named head of banking, capital markets and advisory (BCMA) for Hong Kong, according to a statement, effective immediately. Schrantz reports to APAC head of BCMA Jan Metzger alongside Hong Kong and Macau chief executive Angel Ng.

Schrantz will retain his existing role as APAC head of corporate finance.

Schrantz has nearly 30 years of global banking experience of which over two decades were based in Hong Kong. He first joined Citi in 2012 and has been responsible for overseeing capital amerces execution in Asia Pacific. Previously, he was also a member of the listing committee for the local stock exchange from 2006 to 2010.