As part of a global restructuring of its corporate and investment banking group, Citigroup has announced that Robert Morse is to become head of its Asian global corporate and investment banking unit. He will be replacing Stephen Long who is to return to New York to become chief operating officer of Citigroup International.
Long has been the top man for Citigroup in Asia since 1998. His experience in Latin America though the various crises in the 1980s and 1990s made him eminently suitable to run Citibank in Asia at a time when Asia was suffering its own crisis.
Known as a hands-on banker, his skills have enabled Citigroup to enjoy a...