Citi global banking announced yesterday that it has appointed Jing Zhao and Simon Yoo as co-heads of its financial institutions group FIG in Asia-Pacific.
Both will report to Farhan Faruqui, head of Asia-Pacific global banking, and be based in Hong Kong.
Zhao is currently Citi's chairman of China investment banking and she will continue in this role alongside her new job, keeping offices in both Beijing and Hong Kong. Yoo, who is head of the financial entrepreneurs group in Japan, will relocate to Hong Kong to take up his new position before the end of the year.
They replace Dan McNamara, who recently joined Nomura. At the time he left...