Shayne Elliott moved to Hong Kong in early July to head Citigroup's global transaction services GTS in Asia. From this lofty position he manages the product segment that hits 80% of the bank's client base - products like cash management, trade finance and securities services. Elliott is a career Citibanker, joining the firm as a trainee in New Zealand in 1985. He spent most of his early years in derivatives marketing, taking this role to London in 1992. From there he moved to New York and then became country head of Egypt for two and half years. His most recent role was country head of Australia.
Why has the term GTS re-emerged at...