Citic CLSA hires Zhao Yu to raise China coverage

Citic CLSA Securities has appointed Zhao Yu to head China corporate financing and capital markets, a newly created role.

Citic CLSA Securities has appointed Zhao Yu as its head of China corporate financing and capital markets, a newly created role for the brokerage and investment firm and a signal of the growing ambition of the joint venture investment bank to expand its China-related business.

A television producer-turned banker, Zhao joined Citic CLSA Securities on Thursday from CIMB, where she was head of China investment bank and corporate client solutions for about four years. She will continue to be based in Hong Kong, according to an internal memo seen by FinanceAsia and her LinkedIn page.

“She has been appointed to expand our China team...

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