Citi has combined its Japan and Asia North Australia clusters to create a new Japan, Asia North and Australia cluster, according to a May 9 media release.
The new cluster includes the bank's operations across Australia, China, Hong Kong, Japan, Macau, New Zealand, South Korea and Taiwan. Citi's Asia North Australia cluster and banking head Marc Luet, who started the role on April 1, 2024, will oversee the new integrated cluster.
Luet, who is in the process of relocating from Tokyo to Hong Kong, will also continue to serve as Citi country officer and banking head for Japan until a successor is named.
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