Citi names 12 new analysts in Asia

The latest batch of hires brings the number of fundamental research analysts in Asia to 80.
A recent series of hires by Citi has increased its Asia analyst headcount by 12, bringing the regional total to 80.

ôThese appointments, combined with the strength of our existing Asian and global research teams, will ensure that [Citi Investment Research] continues to be recognised by our clients as clear market leaders in sell-side research,ö says Adrian Faure, head of Citi Investment Research Asia-Pacific.

The most high profile of the hires is Chua Hak Bin, who will head Singapore research. He is returning to Citi, where he was an economist, after a two month stint as chief Asian strategist for Deutsche Bank Wealth Management. Simon Ho, the new head of regional banks coverage, is coming from RBS/ABN AMRO, and he fills a position that has been vacant for almost a year after the departure of Tracy Yu.

The other new research heads are Suchart Techaposai, who will be the head of Thailand research. He joins from Gaysorn Group where he was chief investment officer. Coming from Bears Stearns, Gerwin Ho is the new head of regional autos coverage; and Kevin Chang is the new head of regional technology hardware coverage. He joins from JPMorgan.

Other hires include: Eddy Loh who will look after S-chips and China consumer coverage based in Singapore, Erindra Krisnawan covering mining, energy, oil and gas sectors, Ng Yong Yin covering the Malaysian construction and utilities sectors; and Amomrat Cheevavichawalkul covering ThailandÆs property and construction sectors.

In North Asia: Joon Seok will cover Korean banks; Henry Kin will cover the semiconductor sector; and Eve Jung will be a technology analyst, supporting Kevin Chang.
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