Citigroup will relocate Shengman Zhang to its Hong Kong offices from New York to take on a newly created role. Effective October, Zhang will take on the role of chief operating officer, Asia Pacific, for CitigroupÆs corporate and investment banking CIB unit, while retaining his current position as vice chairman of the global banking division of the CIB.
In his new role of chief operating officer, Zhang will report directly to Robert Morse, chief executive officer, Asia-Pacific region, CIB. The position will also entail working closely with Morse and other senior management on business strategy and planning.
More specifically, Zhang will assume responsibility for the region's support functions, including human resources, legal, finance,...
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