Citi Private Bank has hired JPMorgan Chase’s Nicole Nunag as a managing director and team lead for the Metro New York region.

Nunag in her new role will oversee day-to-day client relationships and manage the execution of strategic product development, marketing and sales plans to direct the business’ growth in the region, the private bank said.

She will be based in New York and report to Ida Liu, managing director and global market manager for  Metro NY region.

“Nicole has over 17 years of experience servicing the needs of ultra-high net worth individuals in the New York metro area. We continue to attract high caliber talent as we build out our team locally. Nicole’s appointment underscores this, in addition to our steadfast commitment to provide best in class service to our clients,” Liu commented.

At JPMorgan Private Bank, Nunag served as managing director and senior banker, responsible for developing comprehensive wealth management strategies for ultra-high net worth families, senior executives, real estate entrepreneurs, private companies, foundations and endowments.

Prior to JPMorgan, she worked for more than eight years in New York commercial real estate and hotel marketing and development.

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Nunag said: “Citi Private Bank is among one of the best capitalized businesses in the wealth management industry. The open architecture investment platform, innovative financial solutions and global scale are some of the key drivers behind Citi’s success and I am excited to be able to leverage these for my clients.”