Citic Securities

Citic Securities promotes chiefs to global roles

The Chinese securities house looks to boost cross-border business by redefining executives’ responsibilities.
Source: Citic Securities
Source: Citic Securities

Citic Securities plans to promote some senior managers involved in cross-border business, a move designed to enhance its capacity in exploiting opportunities across domestic and global markets.

China’s biggest securities house by revenue and net profit will expand the responsibilities of three senior executives, effective September 1, according to a company statement on Thursday.

Xu Gang, head of brokerage and research management, will become the global head of brokerage. Chief financial officer Ge Xiaobao will be named global chief financial officer.

Jonathan Slone, current chairman and chief executive of CLSA, acquired by Citic Securities last July, will be appointed co-CEO of Citic Securities...

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