Citigroup Elevates Kevin Lam as its Business Development Head – APAC

Citigroup Inc (NYSE:C) has made a new senior appointment in its Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) unit, tapping Kevin Lam as its newest Business Development Head in the region, according to a recent Reuters report.

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In his new role Mr. Lam will be reporting to the lenders’ Head of Corporate and Investment banking – APAC, Mark Slaughter, as well as Bassam Salem, Citigroup’s Private Bank CEO – APAC.

He originally began at Citigroup as the Chief Operating Officer (COO) of Hong Kong Corporate and Investment Banking in 2012, having since remained in the role for the past four years – despite the promotion, he will retain all responsibilities associated with his COO position.

In addition, Mr. Lam also is an acting member of Citigroup’s Hong Kong Executive Committee and holds a chairmanship on the Travel Industry Compensation Fund Management Board, another Hong Kong entity.