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

by Mike Robinson

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David Biller, a Hong Kong-based banker, has been replaced by this duo.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