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
“YK has been instrumental in building our Korea business, which today is one...