Citi has appointed So-Yon Sohn as head of investments Asia Pacific for its private bank.
Sohn will be responsible for all investments in the region for Citi Private Bank (CPB), including capital markets, managed investments, product management and strategy, according to a memo seen by FinanceAsia.
She will continue to be based in Hong Kong.
Sohn, who will take up the role on September 23, is currently head of credit sales and fixed-income sales Asia-Pacific. In this role she is responsible for the distribution of all flow credit products in Asia (ex Japan), including cash and derivatives. She will continue in this role until a replacement is found.
Prior to this, she was head of credit sector specialists, where she was ranked top bank fixed-income analyst by FinanceAsia for five consecutive years.
Her new role has been filled on a temporary basis since March by Malay Ghatak, who took the reins following the departure of Debashish Dutta Gupta, who was promoted to Global Market Manager for India.
Ghatak will continue to head CPB global investment product management.
Sohn will report to Eduardo Martinez Campos, head of investments for CPB, and Bassam Salem, chief executive of CPB Asia.
CPB provides tailored wealth management services through a network that spans more than 60 offices in 23 countries, including Geneva, Hong Kong, London, Mumbai, New York and Singapore.