Nikko Citigroup restructures and appoints new CEO

The Japanese investment bank integrates the sales and origination functions of its debt and equity divisions, and replaces retiring CEO Hideo Abe with Sim S Lim.

Nikko Citigroup, the investment banking subsidiary of Nikko Citi Holdings, has appointed former country officer in Hong Kong, Sim S Lim, as its new CEO. Lim takes up the post on June 30.

Lim has been at Citi for 25 years, including a previous stint in Tokyo in 1987 where he headed the corporate and consumer bank treasury. Since then, he has worked in New York, heading up risk treasury, and in Riyadh where he was in charge of...

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