Citi has named Lee Lung Nien as its new Country Officer and Banking Head for Singapore, according to The Edge.
Lee brings more than three decades of experience at Citi to the position.
Since 2020, he served as Chairman of Citi Private Bank for South Asia, following a six-year tenure as CEO of Citibank Berhad in Malaysia from 2014 to 2020.
In his new capacity, Lee will manage all of Citi’s businesses and operations in Singapore.
His responsibilities include strengthening franchise performance, overseeing regulatory compliance, and expanding key client relationships.
He is also the first Singaporean in about 50 years to hold the bank’s most senior position in the country.
Lee replaces Tibor Pandi, who has spent eight years in Asia and led Citi’s Singapore operations for the past two and a half years.
He will report to Amol Gupte, Citi’s Head of Asia South, and is set to join the Asia South management team on 6 October.
The appointment reflects Citi’s focus on continuity and regional expertise, as Lee has worked across multiple markets and held senior leadership roles within the group.
Featured image: Edited by Fintech News Singapore, based on image by Lee Lung Nien’s Instagram