Citi appoints Au to hybrid commercial banking role

Citi's commercial bank in Asia-Pacific is capitalising on a growing desire among clients to tap bond, loan and equity markets.

Citi's commercial banking arm has appointed Eric Au as director of capital markets for Asia Pacific in a move designed to foster greater cooperation between the US bank's different operations.

In a statement on Monday, Citi said Au will report to Ken Poon, head of capital markets origination for Citi in Asia, and Rajat Madhok, Citi’s middle market commercial banking head for Asia.

“Commercial banking clients are increasingly turning towards the capital markets to fund their growth,” Poon said in the release, adding that it was a strategic priority for the US bank in Asia to continue tapping into that growth.

Hong Kong-based Au...

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