Mabel Chan has quit Citigroup Asset Management to join Invesco as head of retail sales in Hong Kong. She replaces Joanna Ma, who is leaving the firm in a few weeks' time to pursue other options.
Citigroup has no plans to replace her, says a firm spokesperson. Chan had reported to Henry Choon, who runs regional retail sales and co-heads institutional sales. Chan's role at Citi had been developing the regional retail business, and now that the firm has developed stronger country heads, there is less call for such a job.
Chan now reports to Bruno Lee, head of retail business for Greater China for Invesco. Lee,...