SINGAPORE, May 26 (Reuters) - Citigroup ( C/PN ) has
appointed Prashant Thakker head of the corporate bank for South-
and Southeast Asia, according to an internal memo.
The appointment as head of Asia South Corporate Bank is
effective immediately, the memo seen by Reuters on Monday
showed. Citi's Asia South markets comprise India, Indonesia,
Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh
and Sri Lanka.
Thakker will oversee the business strategy, financial
performance, talent development and execution for Citi's Asia
South Corporate Bank across local corporate, financial
institution, public sector and global network banking
businesses, the memo showed.
A Citi spokesperson confirmed the contents of the memo.
Thakker, who joined Citi in 2007 as a banker in India and
moved to Hong Kong in 2013, currently heads Citi's Capital
Management for Japan, Asia North and Australia and Asia South
and will relocate to Singapore, according to the memo.
He will report to Jason Rekate and John Chirico, both Global
Co-Heads of Corporate Banking, and Amol Gupte, Head of Asia
South Cluster, the memo showed.
(Reporting by Yantoultra Ngui; Editing by Muralikumar
Anantharaman)