PETALING JAYA: Citi has appointed former JP Morgan Chase & Co. executive director, Ng Hooi Wan as its Head of Markets for Malaysia, effective December 2024.
In a statement, Citi said Ng led local markets and private side sales in JP Morgan where she joined its Malaysian office at the end of 2011.
Citi added that Ng will be reporting to Head of Markets for the Asia South cluster Sue Lee and Citi Country Officer and Banking Head for Malaysia Vikram Singh in her new role.
Ng has over 24 years’ of experience in banking and financial services in Malaysia. She started her career in the corporate banking team at Bank of Tokyo-Mitsubishi, before doing a stint at Southern Bank Berhad. Ng joined Standard Chartered Bank in 2006 where she was responsible for local corporate sales in global markets and syndication in debt capital markets.
Vikram said Malaysia is a key market for Citi globally, where the company is seeing strong growth across its interconnected businesses.
“Malaysia is at the forefront of investments, both foreign and domestic, as it continues to benefit from supply chain shifts. I am confident under Ng’s leadership Citi’s growth momentum will continue,” he said.
Meanwhile, Lee said Citi has a leading Markets franchise in Malaysia and in Asia. She added that with Ng's extensive experience and deep understanding of the local market, the company is well positioned to grow its Malaysian franchise further.
“She will lead the Markets business in Malaysia with a client centric approach, leveraging our global footprint and solution structuring capabilities,” she said.
Citi’s Markets business serves corporates, institutional investors and governments from trading floors in almost 80 countries.