Citi appoints Damien Tan as Head of Corporate Bank for Singapore
SINGAPORE: Citi today announced the appointment of Damien Tan as Head of Corporate Bank for Singapore, effective May 1, 2024. In his capacity, Damien will spearhead Citi’s corporate banking endeavors in Singapore, focusing on enhancing business performance and refining strategic directions. His responsibilities encompass overseeing client relationships with top-tier local corporates, public sector entities, financial institutions, and multinational firms in the nation. Reporting to K. Balasubramanian, Head of Corporate Bank for Asia South, and Tibor Pandi, Citi Country Officer and Head of Banking for Singapore, Damien will also serve as a key member of the Singapore Management Committee. Having commenced his journey with Citi in 2003 as a Management Associate within the Corporate and Investment Bank, Damien has amassed a wealth of experience across various roles. Noteworthy among his past positions include serving as an Investment Product Manager at Citi Singapore’s offshore banking arm – International Personal Bank, and contributing to the Asia Fixed Income Syndicate Team in Hong Kong, facilitating bond issuances for Citi’s Asian clientele. With over two decades of banking experience under his belt, Damien brings to the table profound industry insights and a keen understanding of the evolving needs of local corporate clients. Prior to assuming his current role, he held the position of Head of Local Corporates for Singapore, where he steered several significant deals for Citi. His purview included managing relationships with top-tier local corporates across diverse sectors such as Real Estate, Aviation, Shipping, Industrials, Healthcare, and Agribusiness, while also driving overall business strategy, client acquisition, lending activities, product collaborations, and deal execution. K. Balasubramanian expressed confidence in Damien’s ability to leverage Citi’s global network and suite of products to meet clients’ dynamic requirements, acknowledging the pivotal role played by large corporates in driving growth across Asia and beyond. Tibor Pandi emphasized the significance of nurturing local talent within Citi, citing Damien’s journey from the Management Associate program to his current leadership role as a testament to the firm’s commitment to fostering a diverse talent pool. Damien Tan is an alumnus of the London School of Economics & Political Science, holding a Bachelor of Science in Economics (Hons).
