Citi names Christie Chang as Taiwan CEO and chairman

Board member Anthony Lim will replace the retiring Peter Seah in the new year.

The Taiwan-listed fibre optic and data cable manufacturer will buy the Singapore-headquartered ICT business using cash and Citi financing to strengthen its data centre infrastructure capabilities amid surging AI demand.

Liang tells FA why the Taiwan-listed tech manufacturer is adding optical and system-level capabilities while retaining a diversified portfolio and a disciplined investment approach.

The Taiwanese electronics manufacturer will acquire 50% of Mitsubishi Electric’s automotive equipment unit and form a joint venture for EV development.

Kyoung-Ho Kim, Citi's Korean head of corporate banking, is taking on the role.

The Chinese groups completed bond offerings across USD, CNH and AUD, while the Taiwanese manufacturer has used its Singapore subsidiary for syndicated lending.