Citi has announced the appointment of Lee Lung Nien as Citi Country Officer and Banking Head for Singapore, marking a significant milestone as he becomes the first Singaporean to hold this position in half a century. Lung succeeds Tibor Pandi, who has been with the firm for eight years, contributing significantly in Thailand and Singapore since 2017.
Lung will oversee all Citi operations in Singapore, focusing on franchise performance, client and regulatory relationships, and maintaining a robust risk and control environment. He will report to Amol Gupte, Citi’s Head of Asia South, and join the Asia South Management team on 6 October.
Amol Gupte praised Lung’s appointment, stating, “A product of Citi’s global talent programme, Lung brings a wealth of multi-market experience and proven leadership, positioning him ideally to lead the Singapore franchise.”
With a 35-year tenure at Citi, Lung has held various leadership roles, including Chairman of Citi Private Bank for South Asia and CEO of Citibank Berhad in Malaysia. His career spans multiple senior positions in anti-money laundering, operations, corporate sales and structuring, and markets across Asia, with international experience in London, New York, and Malaysia.
This appointment is expected to further advance Citi’s presence in Singapore, leveraging Lung’s extensive client knowledge and interpersonal skills. As Citi continues to expand its global footprint, Lung’s leadership is anticipated to play a crucial role in strengthening the bank’s operations in the region.