Citi promotes Larsen to new Singapore role

Citi has appointed Jonathan Larsen as country head for the bank in Singapore, making him responsible for the consumer, institutional and wealth management businesses in the country.

This is a newly created role which sees Larsen take on responsibility for Citi’s franchise in Singapore. He will head the institutional clients group, consumer banking, cards and wealth management. Larsen will also continue to lead global cards and consumer banking product strategy for Citi for the Asean Association of Southeast Asian Nations region.

Larsen will report to Piyush Gupta, CEO of Southeast Asia Pacific. On August 18, Citi divided the Asia-Pacific region into four geographic clusters with...