Rudolf Hitsch left Goldman Sachs and joined Citi Private Bank last week as Hong Kong-based global market manager for China.
He is responsible for Citi's offshore China private-banking franchise and reports to Aamir Rahim, Asia-Pacific chief executive in Hong Kong.
Sources say the China head role at Citi Private Bank has not been held formally by anyone before. Hong Kong-based Andrew Tung led the China team for a spell on an interim basis, but moved into a senior client-facing role earlier this year, they add.
Having joined Goldman in 1998, Hitsch was most recently an executive director covering clients for the wealth management business in...
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