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Citi promotes Jiang and Li to Asia industrials banking co-heads

© Reuters. FILEPHOTO: Citigroup Inc. in Toronto (Ontario), Canada on October 19, 2017. REUTERS/Chris Helgren

HONG KONG, (Reuters) – Citigroup (NYSE) appointed David Jiang, and Lei Li co-heads of the Asia industrials financial banking division. According to Reuters memo,

The memo stated that Jiang worked for Citi for three-years, while Li had been at Citi since 2014.

David Biller, a Hong Kong-based banker, has been replaced by this duo.

As part of the changes, Li will eventually move out of her role as head of China mergers and acquisitions (M&A), the memo added.

Citi spokesmen confirmed that the memo was true.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.