Li-Gang Liu has joined Citi as managing director and chief economist for China after six years at ANZ, the US bank announced in a press release on Thursday.
At Citi, the veteran China observer specializing in macroeconomics, foreign exchange and capital markets reports to to Johanna Chua, the bank’s chief economist for Asia. He continue to be based in Hong Kong.
In his new role, he will lead the China research team, which covers both fundamental and macroeconomics issues.
Liu succeeds Shen Minggao, who held the position from April 2010 but left last year to join Caixin Insight Group, the think tank set up by Chinese media group Caixin.
“Citi’s clients will benefit from the insight and knowledge Li-Gang can offer to help them better understand and navigate China as its growing role in the global economy increases further,” said Chua.
Over a career spanning nearly two decades, Liu was most recently the chief economist for Greater China at ANZ in Hong Kong, where he had worked since 2009.
Prior to that, Liu held a number of research roles at the Hong Kong Monetary Authority, the Asian Development Bank Institute in Tokyo, and the World Bank and Peterson Institute for International Economics, both in Washington D.C.
Liu obtained his BA in economics from the University of Maryland, College Park, and holds a PhD in economics from Johns Hopkins University.