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Treasury & Capital Markets / On The Move
Citi names corporate banking head for Singapore
Damien Tan will lead coverage of local corporates, public sector, financial institutions and multinational clients in the country
The Asset 6 May 2024
Damien Tan
Damien Tan

Citi has appointed Damien Tan as head of corporate bank for Singapore, effective May 1.

In his new role, Tan will drive the business performance and strategy for Citi’s corporate banking business in Singapore and lead the bank’s coverage of top-tier local corporates, public sector, financial institutions and multinational clients in the country.

He reports to K. Balasubramanian, head of corporate bank for Asia South, and Tibor Pandi, Citi country officer and head of banking for Singapore, and will serve as a member of the Singapore management committee.

Tan began his career at Citi in 2003 as a management associate with the corporate and investment bank and has held various positions across the bank including investment product manager at Citi Singapore’s offshore banking business – international personal bank.

He was part of the Asia fixed income syndicate team in Hong Kong, assisting in the origination and execution of bond issuances for Asian clients across sovereigns, corporates and banks.

Having been in banking for over 20 years, Citi says, Tan brings with him deep industry knowledge and understanding of the needs of today’s local corporate clients.

Prior to this appointment, he was the head of local corporates for Singapore where he led several landmark deals. His responsibilities included managing Citi’s top-tier local corporate relationships across real estate, aviation, shipping, industrials, healthcare, and agribusiness.

He was also responsible for driving all aspects of the corporate banking business including strategy, client acquisition, lending, product partnerships, deal origination and execution.

Tan holds a bachelor of science in economics (hons) from the London School of Economics and Political Science.

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