According to a Bloomberg report on Feb. 16, Citibank is relocating six senior executives from Hong Kong to Singapore, London, Australia, and other countries.
Two key figures of the bank giant moving out of Hong Kong are Sue Lee, the region’s head of equity derivatives distribution, and Lee McQueen, head of pan Asia equity blocks.
Other directors on the transition list include Kevin Zolkiewicz, head of futures execution for Asia-Pacific; Rob McVie, specializing in prime finance; Abhishek Choudhary, regional head of equity execution advisory; and Daniel Millwood, Asia-Pacific head of prime services sales trading.
James Griffiths, a Hong Kong-based spokesman for Citigroup, said:
“The bank was being as flexible as possible to support staff who wanted to relocate due to family reasons or for client coverage.”