Citi chases renminbi market share with new appointment

Shiming Tan will be responsible for Citi’s renminbi initiatives and will be the bank's main point of contact with relevant regulators on products and service.

Citi chases renminbi market share with new appointment
Citi wants to be a leading player in the renminbi market

Citi has appointed Shiming Tan as renminbi product manager, as part of the bank’s effort to become a top-tier provider in the Chinese currency market.

Tan will be responsible for Citi’s renminbi initiatives and will liaise on the bank’s behalf with the relevant regulators for products, services and initiatives related to the internationalisation of the renminbi.

He will relocate from Shanghai to Hong Kong and report to Nadir Mahmud, Asia head of...

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