Citi hires Ted Huang for Asia-Pacific commodities team

Citi has hired Ted Huang as a director in commodities marketing and origination for Asia, according to sources. 

This is a new position in the bank's Asia commodities team and underlines Citi's continued investment in its regional commodities franchise. And, as Citi bankers are keen to point out, it also underscores the fact that the US bank can woo from the competition. 

Huang joins from J.P. Morgan in Singapore, where he was a key member in the firm's energy marketing team. At Citi, Huang will be responsible for driving the future growth of the energy derivatives business in Asia-Pacific, focusing on commodities marketing and origination...