YK Ha, Citi’s chief country officer for Korea, has retired after 33 years at the group, according to an internal memo seen by FinanceAsia.
He will be replaced by Jin-Hei Park, markets and banking head, effective immediately. Jin-Hei will report to Stephen Bird, Citi Asia chief executive.
YK joined Citi in Seoul in 1981 and has held various senior management roles including country business manager, corporate banking group head and country treasurer.
He became chairman and chief executive for Korea in 2004 following the acquisition of KorAm Bank, which created the largest foreign bank in the country a deal he led....