citi-relocates-more-people-to-asia

Citi relocates more people to Asia

Pradeep Rao transfers from London to join the Asian consumer and healthcare group as an investment banker, while analyst Alan Choi comes to Hong Kong on a one-year rotation in the same group.
Citi investment banker Pradeep Rao will relocate to Hong Kong from Europe to take up a position within the bankÆs Asian consumer and healthcare group. The move comes just three weeks after Citi appointed the co-head of its global retail group, Ted Kuh, to a dual role as head of the same group.

The appointments reflect the increasing focus on these two sectors within Asian investment banking, and the fact that Citi is transferring bankers with experience in the area from Europe as it expands the consumer and healthcare group, shows the importance the bank attaches to its Asian business.

However, some observers say it could also suggest that Citi û like several of its...
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