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Citi Names Joy Cheng as Head of Commercial Bank in Hong Kong

Citi announced today the appointment of Joy Cheng as Head of Citi Commercial Bank (CCB) for Hong Kong, effective 1st February 2024, succeeding the recently retired Anson Kwok.

With over 30 years of experience at Citi, including her recent role as Head of Corporate Banking for Hong Kong, Joy will lead the CCB’s business growth and operations in the region.

Reporting to Gunjan Kalra and Aveline San, Joy’s appointment aligns with Citi’s strategy to expand its services for mid-sized corporates in crucial sectors and leverage opportunities in the Greater Bay Area (GBA).

Gunjan Kalra

“Hong Kong is one of the largest markets by flow revenue for Citi Commercial Bank globally. We have gained considerable market share in Hong Kong over the past few years, working closely with mid-sized corporates in the healthcare, technology, industrials, consumer & retail, and services sectors. I am confident that under Joy’s leadership, our business will thrive. Joy’s track record, experience, and focus on client connectivity will be instrumental in taking us to the next stages of success in our Hong Kong business,”

said Gunjan Kalra.

Citi’s focus on the GBA aims to support companies with cross-border banking needs, promoting their international expansion. Joy’s vast experience in corporate banking is expected to enhance Citi’s client services and contribute to the bank’s growth in Hong Kong and beyond.