Citigroup has appointed Wei Christianson to be its new chairman for China investment banking. The appointment fills the two-month vacancy caused by the departure of previous incumbent Margaret Ren.
Christianson's appointment has been widely rumored for the past week or so, although it is understood she only finally signed her new contract yesterday.
Christianson is regarded as one of the best China bankers around. Working at Hong Kong's regulator in the early 1990s, she was one of the team responsible for drafting the rules allowing Chinese companies to list in Hong Kong.
She subsequently moved to Bank of America and then onto Morgan...