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MOVES-Citigroup names Jeff Wu as China markets sales head
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MOVES-Citigroup names Jeff Wu as China markets sales head
Jan 12, 2025 11:18 PM

Jan 13 (Reuters) - Citigroup ( C/PN ) has appointed Jeff Wu

as Head of Markets Sales for China, effective immediately,

aiming to unify its sales efforts across all its market products

in the country, according to an internal memo seen by Reuters on

Monday.

The appointment would unite Citi's offshore and onshore

teams for the first time and underscores the bank's commitment

to China, a company spokesperson said, confirming the contents

of the memo.

Wu, who joined the Wall Street bank in 2010, will relocate

to Shanghai for the new role, the memo said.

He previously led Citi's China Solutions sales team where he

found synergies between the U.S. bank's financial institutions

and corporate solutions businesses in the country, according to

the memo.

Citi also appointed Jing Li, who will report to Wu, to lead

its sales efforts across all market products for financial

institutions in China, the memo said.

The sales team for corporate clients in China will report to

Wu and Yoshiyuki Takano.

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