Citi appoints new investment banking head

Citi transfers Renton from New York to become new IB boss in Asia.

In a move that reflects the growing importance of the energy and commodity story in the region, as well as Robert Morse's determination to place his trusted lieutenants in prominent positions, Mark Renton has been appointed head of investment banking for Citigroup, Asia-Pacific.

Renton relocates from New York to Hong Kong to take on the role, in a further sign that top banks are now keen to bring some of their best talent to the region.

Renton's previous job could not have made him more suitable for the assignment in Asia. He joined Citi via Salomon in 1987 and in 1995 moved into the energy franchise, focusing...

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