Citigroup has named Lee Lung Nien as new CEO for its wholly owned Malaysian subsidiary, Citibank Bhd, replacing Sanjeev Nanavati.
In his new role, Lung Nien will be responsible for Citi’s franchise in Malaysia, which includes institutional clients group, consumer banking, cards and wealth management businesses.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
He will report to Michael Zink, Citi’s head of Asean.
Nien, who joined Citi as a credit analyst in London in 1990, has held a number of senior management roles across the firm, most recently as regional AML business head based in Malaysia.
He also served as chief operating officer for Citi Singapore in 2010, head of treasury for Citibank Bhd from 2001 to 2004.
He also worked Asean head of corporate sales and structuring before taking on the expanded role of co-head Asia corporate sales & structuring, and Singapore markets head.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataMichael Zink said: "Nien’s industry and management experience coupled with his understanding of the local market will be instrumental in driving our ambitions and plans to build an even stronger and sustainable Citi franchise for the benefit of our clients."
