Citi promotes Bird

Bird flies to the top of Citi in Asia

Stephen Bird becomes sole CEO of Citi Asia-Pacific.
<div style="text-align: left;">
Stephen Bird: Citi's new sole CEO (AFP)
</div>
<div style="text-align: left;"> Stephen Bird: Citi's new sole CEO (AFP) </div>

Citi has promoted Stephen Bird to sole CEO of Asia-Pacific while Shirish Apte, his former co-head, has become chairman.

“It’s a big move for Stephen and a sign he is a front runner for global CEO whenever Vikram Pandit decides it’s time to retire after navigating Citi from bailout to being back on track making money,” said a Citi insider. “Shirish, meanwhile, is on the back nine of his career.”

A Citi spokesman was careful to point out that the chairman role is still key to Citi, as it is client-facing and, in Apte’s case, frees him up to spend more time with key clients in India...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222