Citibank (Hong Kong)

Citibank (Hong Kong) Limited is a subsidiary of Citigroup, providing a range of retail banking services across Hong Kong Island, Kowloon, and the New Territories. Here’s a summary of the bank’s structure, history, and leadership:

Overview

• Branch Network:
  • Citibank (Hong Kong) operates 15 retail banking branches across Hong Kong.
  • The main business location is Citi Tower, One Bay East, Kwun Tong, Kowloon.
  • The Citibank, N.A. Hong Kong branch operates separately, focusing on non-retail banking from Champion Tower, Central.

History

• Establishment:
  • Citibank began its Hong Kong operations in 1902, making it the first U.S. bank in Hong Kong and the first foreign bank in China.
• Leadership History:
  • The regional Chief Executive role was established in 2008 and is headquartered in Hong Kong.

Leadership

• Regional Chief Executive:
  • Peter Babej (since October 2019)
• Country Chief Executive:
  • Aveline San (since August 2022)
• Former Regional Chief Executives:
  • Ajay Banga (2008–2009)
  • Shirish Apte and Stephen Bird (2009–2012)
  • Stephen Bird (2012–2015)
  • Francisco Aristeguieta (2015–2019)
• Former Hong Kong and Macau Chief Executive Officers:
  • Chan Tze-ching (1999–2003 and 2005–2007, in two terms)
  • Catherine Weir (2003–2004)
  • Sim S Lim (2007–2008)
  • Shengman Zhang (2008–2013)
  • Weber Lo (2013–2018)
  • Angel Ng (2018–2022)

Citibank (Hong Kong) Limited provides comprehensive retail banking services, while Citibank N.A. focuses on more specialized banking operations from its Central location.