Citi hires economist for Singapore and Malaysia

Kit Wei Zheng joins from the Monetary Authority of Singapore to oversee economic analysis for the two countries.
Citi has appointed Kit Wei Zheng as chief economist for Singapore and Malaysia. Zheng joins the US bank from the Monetary Authority of Singapore's (MAS) Macroeconomic Surveillance Department, where he has been senior economist since June 2004.

Zheng will be based in Singapore and be part of Citi's economic and market analysis (EMA) team for Asia-Pacific, which provides economic and market views on Asian economies. He will report to Yiping Huang, head of Citi's regional EMA team.

Zheng takes over from Hak Bin Chua, who will shift his focus to broader regional economic analysis and equity themes across Asia, especially within the Asean (Association of Southeast Asian Nations) region.

ôKit has developed an excellent reputation as one of Singapore's leading economists and we are delighted that he is joining Citi after a very successful career at the Monetary Authority of Singapore,ö says Huang in a written statement. ôMore and more of our clients are increasingly interested in the economies of Singapore and Malaysia and Kit will play a key role in continuing to communicate Citi's views to our local and global clients.ö

Having started his career at the MAS in July 2001 as an assistant economist, Zheng has rich experience in monitoring and analysing a broad range of economic issues, according to the statement.
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